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Technology Risk
3 months ago
The Technology Risk, VP is part of the First Line Risk and Controls (FLRC) team, a First Line of Defense function responsible for driving effective technology risk management at State Street. The individual in this position will be responsible for leading and executing specific aspects of the FLRC Regulatory Management Services (RMS) program, including leading global staff with the required expertise to manage regulatory finding remediations, work with Management to develop and inventory remediation closure materials, and to author impactful closing documents with relevant supporting metrics and details for consumption by the Lines of Defense (LOD) and various regulatory agencies.
This role will be performed out of the Quincy location.
What you will be responsible for
As FLRC VP you will
- Work within the Global Technology Services FLRC RMS team to drive aspects of execution, reporting, and summarization of ongoing regulatory projects with particular attention to delivering high-quality analysis and responses to State Street's global regulators
- Lead a team of individuals who will provide technical analysis, assessment, and project management support for various elements of our ongoing GTS regulatory remediations, specifically the end-to-end development of regulatory finding closure materials, including the inventorying of relevant supporting documentation and the authoring and coordination of closing memoranda.
- Manage formal reviews of closure documentation across the LODs to ensure alignment and appropriate review and challenge
- Provide advice to Management and, specifically, to remediation plan owners on executive messaging, tone, and structure of closing memoranda, including impactful metrics to drive and support remediation progress
- Lead the drafting of regulatory remediation closing memoranda, including the overall strategic framing of executive messaging, primary authoring of all sections of the closing memoranda, and coordination of inputs from all relevant stakeholders.
- Engage and coordinate key stakeholders including IT management and supporting teams, Enterprise Technology Risk Management, Compliance, Corporate Audit and Legal throughout regulatory remediation lifecycle
- Oversee, review, and report upon regulatory remediation progress for measurement, analysis and senior management communications, as directed
- Provide regular status updates and supporting project management reports, as directed
- Educate and mentor junior staff members in best practices and standard operating procedures associated with risk analysis, compliance evaluation, control assurance, and test execution
What we value
These skills will help you succeed in this role
- Familiar, with and has experience managing, global initiatives including timelines, status, interdependencies, resource allocation, risk and issues management
- Maintains evolving expertise in financial services, information technology, information security, systems development, change / release management, access security and physical access controls and procedures
- Candidate is able to work independently while sharing expertise with colleagues and others. Offers mentoring and guidance to others
- Ability to solve complex problems with support from management
- Manages stakeholder needs and expectations while providing consistent and regular communications with support from management
- Supports the fulfillment of organizational strategies and objectives
- Able to effectively balance multiple tasks through careful prioritization
- Candidate is knowledgeable in IT risk
- Candidate is knowledgeable and/or has experience with global financial regulatory programs
- Candidate is able to work collaboratively with others to produce a quality work product
- Candidate is able to clearly articulate impactful executive messaging
- Candidate is knowledgeable with effective business writing methods and techniques
- Advanced MS Excel, Word, PowerPoint, etc
Education & Preferred Qualifications
- Bachelor's degree in Computer Science / Information Technology, IT Security, Risk Management, or a related field
- Minimum of 8 - 10 years of experience with general risk management, auditing standards, and best practices.
Are you the right candidate? Yes
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
Why this role is important to us
Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We're driving the company's digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.
We offer a collaborative environment where technology skills and innovation are valued in a global organization. We're looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.
Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Salary Range:
$110,000 - $185,000 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
