Senior Vice President, Head of Non-Financial Risk Management (Global Delivery and Investment Services)
The Senior Vice President, Head of Non-Financial Risk Management is a senior leader responsible for developing, implementing and overseeing the global framework for Non-Financial Risks (including Compliance and Operational Risk) across State Street’s Global Delivery and Investment Services businesses. Reporting to the Chief Compliance and Operational Risk Officer (CCORO), this role ensures that risk management strategies, governance, and practices proactively identify, assess, mitigate and report on non-financial risk exposures, supporting business objectives and regulatory requirements.
Key Responsibilities include:
Strategic Leadership:
- Develop and maintain the non-financial risk management framework for Global Delivery and Investment Services, ensuring alignment with enterprise-wide policies and regulatory obligations
- Advise and consult with business and enterprise leaders on risk-related events, root cause analysis and remediation strategies
- Serve as a subject matter expert and trusted advisor to senior management, business partners, and governance committees
Risk Oversight & Advisory:
- Provide independent oversight and challenge to First-Line risk management activities within Global Delivery and Investment Services
- Lead risk identification, assessment and reporting processes, including scenario analysis, loss event management, and lessons learned
- Oversee compliance with applicable laws, regulations and internal policies for non-financial risks
Governance & Reporting:
- Chair or participate in relevant risk and compliance committees, ensuring effective escalation and review of risk issues
- Prepare and present periodic risk and compliance reports to senior management, regulators, and the Board
- Oversee regulatory change management and ensure timely updates to controls and processes to adhere to new and evolving laws, regulations, regulatory guidance, and industry standards
Collaboration & Stakeholder Engagement:
- Build and maintain effective relationships with business and corporate executives, including Legal and Corporate Audit, and global regulatory authorities
- Foster a strong risk excellence culture, ensuring business line ownership and accountability for non-financial risks
Team Leadership:
- Lead, manage, and develop a high-performing and diverse team of risk professionals across multiple jurisdictions
- Set clear objectives, accountabilities, and performance priorities for the team
Qualification & Skills include:
- Minimum 15 years of experience in non-financial risk management, compliance or operational risk in financial services, with executive leadership experience; experience with GSIBs or large, complex financial institutions is a plus
- Demonstrated experience with global regulatory requirements and direct engagement with regulators, including remediation activities
- Deep expertise in non-financial risk management (compliance, operational risk, technology, model, resiliency, data, third-party) with a global financial services environment
- Strong analytical, problem-solving, and communication skills, with the ability to influence and build consensus at all levels
- Proven ability to manage multiple priorities in a high-pressure, deadline-driven environment
- Experience leading risk management frameworks and teams in a multi-jurisdictional, regulated setting
- Demonstrated success in regulatory engagement and managing regulatory exams
- Bachelor’s degree required; post-graduate education, with a Master’s, Law, or PhD degree is a plus
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.
Salary Range:
$225,000 - $337,500 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.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestr