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Integrated Risk Management Business Solutions Lead, VP

State Street

State Street

Quincy, MA, USA
Posted on Wednesday, November 15, 2023

Who we are looking for

State Street is leading a global initiative to converge multiple Integrated Risk Management (IRM) platforms into one best-in-class solution leveraging the Archer IRM product suite. We are seeking an experienced IRM professional to join the Business Risk Management team to lead the business architecture and design of one or more of the core IRM Solution areas, Regulatory and Compliance Management, Third Party Risk, Enterprise and Operational Risk, Resiliency, Incident Management, Issues Management, Controls Assurance.

The IRM Business Solutions Lead will play a pivotal role as a liaison across a broad set of cross functional stakeholders to solve complex business problems in partnership with Global Technology. The candidate has excellent analytical and problem-solving skills, with creativity and self-motivation to deliver quality solutions to meet business needs. An in depth understanding of the Archer IRM product suite and business domain expertise in one or more of the IRM solution areas will help the candidate succeed in this role.

The responsibilities of this role include

As an IRM Business Solutions Lead you will

  • Provide leadership and guidance to Business Unit Program Sponsors as it relates to onboarding new IRM use cases and/or new functionality to the integrated solution(s)

  • Through business solution design, identify and promote opportunities to standardize, reuse, and optimize IRM applications, processes and data across Business Units and programs

  • Collaborate amongst peer IRM solution leads to identify optimal integration points between Archer IRM solutions in order to gain operational efficiencies amongst cross-functional teams

  • Promote adherence to IRM best practices and design principles and participate in regular Design Review Board sessions

  • Drive organizational focus by facilitating discussions and performing internal communications, as appropriate for various stakeholder groups using multiple communication channels

  • Provide executive communication, reporting and metrics to key stakeholders and Business Unit Program Sponsors

  • Lead special projects and support other IRM initiatives and deliverables to drive Risk Excellence goals and objectives

What we value

These skills will help you succeed in this role

  • Consultative aptitude to support cross-organizational IRM goals and objectives

  • Understanding of risk management, regulatory compliance, or internal control programs

  • Demonstrated ability to establish and maintain effective relationships with key stakeholders

  • Strong leadership and interpersonal skills

  • Ability to drive change through collaboration and influence

  • Ability to manage competing priorities efficiently

  • Ability to comfortably communicate with all levels of the organization

Education & Preferred Qualifications

  • Bachelor’s degree

  • 6+ years of experience in IRM solutions and implementations (Archer Certified Consultant desired)

  • Formal project management training and certifications (e.g., PMP)

  • Advanced computer skills (MS Office: Excel, Word, Access, Power Point, Project, Visio)

  • Experience in risk management, compliance and/or internal controls preferred

  • Proven interpersonal, communication, development and management skills

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.

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.

Discover more at StateStreet.com/careers

Salary Range:

$100,000 - $167,500 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.