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Third Party Resiliency, Assistant Vice President

State Street

State Street

Quincy, MA, USA
Posted on Thursday, May 16, 2024

Third-Party Resiliency, Assistant Vice President

Who we are looking for

Enterprise Continuity Services (ECS) develops and oversees a global program that governs the business in the creation of effective and risk appropriate continuity and recovery solutions to support the continuation of critical processing and servicing of our clients. The ECS Third-Party Resiliency AVP reports to the Third-Party Resiliency manager, and is responsible for supporting the alignment of State Street’s Third-Party Resiliency Program to the corporate-wide operational resilience and business continuity programs. This individual will serve as a liaison between ECS, Third-Party Risk Management (TPRM) and Business Continuity teams.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. In your role you will help us build a more resilient organization and execute day to day deliverables at our best.

What you will be responsible for

As Third-Party Resiliency AVP you will:

  • Support the Manager and team to validate that Business Continuity, Operational Resilience, and regulatory requirements are adequately addressed for State Street’s Third-Party engagements.
  • Perform reviews of Third-Party responses documented on Due Diligence Questionnaires (DDQs).
  • Communicate with business and Third-Party Risk Management (TPRM) teams regarding issues discovered during DDQ reviews.
  • Open findings for Third-Parties in accordance with the Third-Party Risk Management Standard.
  • Engage with State Street’s technology teams to understand Third-Party technology and testing requirements.
  • Execute on additional program responsibilities as requested

What we value

These skills will help you succeed in this role:

  • Strong background working with and evaluating Third-Party technology vendors
  • Strong business and data analysis capabilities
  • Strong attention to detail
  • Strong verbal and written communication skills
  • Strong organizational skills and the ability to multi-task, drive results, and meet deadlines
  • Ability to work independently to drive execution of key initiatives

Education & Preferred Qualifications

  • Bachelor's degree or equivalent required
  • 4+ years Third-Party Risk Management and/or Business Continuity experience preferred
  • 4+ years related industry experience a plus
  • Professional Third-Party/Business Continuity certification preferred
  • Project Management, analysis and reporting experience beneficial
  • Strong Excel and PowerPoint skills required

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:

$70,000 - $115,000 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.