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Head of GTS Cross Team Risk Execution and Governance, Managing Director

State Street

State Street

This job is no longer accepting applications

See open jobs at State Street.
Boston, MA, USA
Posted on Thursday, February 8, 2024

Who we are looking for

State Street seeks to recruit a Managing Director, Head of Cross Team Risk Execution and Governance for Global Technology Services (GTS) to lead a First Line team driving execution of risk / controls initiatives cross-functionally. This highly visible role will drive compliance with the global issues management standard, facilitate responses to audit and regulatory inquiries, drive conformance / remediation across teams / applications with new policies and standards, and provide transparency, awareness and escalations to GTS Executive Management and governing committees. This role is expected to deliver exceptional client service and maintain all related activities in an organized and consistent manner. As such, the proven ability to communicate effectively, think strategically, but ensure timely action, execution, and ownership are essential.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

What you will be responsible for

As Head of Cross Team Risk Execution and Governance you will

  • Regulatory Projects: execute key projects of work across global technology services to deliver against our regulatory commitments

  • Provide key input to and assist in the preparation of submissions of regulatory responses to examinations; questionnaires, ensuring accuracy and completeness and in compliance with regulatory guidelines

  • Interactions with Regulatory Authorities: provide support by representing technology in meetings, discussions and responses to regulatory queries

  • Risk Assessment and Mitigation: Identify and assess regulatory risks and propose appropriate mitigation strategies. Provide regulatory input to risk management activities, including risk assessments and risk mitigation plans.

  • Provide GTS Executive Management with line of sight into ongoing and upcoming technology-related audits or regulatory reviews, ensuring appropriate awareness and engagement throughout the lifecycle of each

  • Collaborate with stakeholders to validate issues and draft Management Actions (remediation responses) for all valid issues

  • Govern Global Technology Issues ensuring adherence to the Global Issues Management Standard and promoting a culture of accountability and ownership related to remediation of issues

  • Demonstrate strong communication and relationship building skills in interactions stakeholders across the organization including executive management, enterprise risk, and internal audit

  • Deliver clear and meaningful reports, presentations, and other materials for Executive Management and Governance Committees and Boards.

What we value

These skills will help you succeed in this role

  • Strong attention to detail, organizational skills, program management skills, and a commitment to ensuring timely and accurate stakeholder communications

  • Excellent interpersonal, leadership, negotiation, and communication (verbal and written) skills.

  • Client service skills - must demonstrate the judgment and ability to closely partner with and advise business and technology leaders (and other stakeholders) on audit and issues-related matters

  • Ability to learn new products, services, businesses while supporting them

  • Strong analytical skills, solid judgment, and the ability to evaluate complex business issues

  • Ability to manage multiple workstreams involving different partners and groups.

  • Ability to thrive in a fast-paced, deadline-driven environment, including by demonstrating excellent time management and planning skills

  • A relationship builder with the ability to establish, develop and maintain effective working relationships with business and functional partners at the firm

Education & Preferred Qualifications

  • 10+ years' experience in financial services industry with IT risk, regulatory, audit or technology operations knowledge/experience

  • Extensive experience in program delivery across programs of work that include technology transformation, regulatory and risk

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:

$170,000 - $267,500 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.

This job is no longer accepting applications

See open jobs at State Street.