Business Information Security Officer-VP

State Street•Toronto, ON

1d•$120,000 - $202,500

About The Position

The Vice President, Business Information Security Officer (BISO) provides cyber risk management oversight to lines of business and legal entities within State Street, sitting within the first line of defense and reporting into the Senior BISO (MD). The VP BISO leads a small team focused on providing cyber advisory services, building application- and service-level threat models, executing a cyber book of work aligned to State Street business units, and delivering metrics and cyber-driven content that support the business’s enhanced decision-making framework. BISO roles and responsibilities span multiple domains, including Information Security and Risk Management, Cyber Incident and Response Management, Cyber Controls Analysis, and Cyber Reporting. The VP BISO is a strategic change agent and thought leader. They must build trust through information and transparency with senior executives, and be able to present to the highest levels of leadership, with the appropriate blend of technical and business detail. As a critical partner to senior business leaders in the first line of defense, the incumbent must be skilled at influencing change to lead teams to further adopt cyber controls while reducing overall residual risk to their businesses. The VP identifies key stakeholders, establishes new relationships, and coordinates resources and Security Guardians to broker the right conversations across GCS and the business. This role requires a strong technical background and the ability to understand emerging technologies, their purpose, security requirements, and benefits to a large financial firm. The VP is a strong cyber controls analyst who can correlate the firm’s cyber risk taxonomy to applicable business processes to conclude on the residual cyber risks aligned to business functions and critical business services, with practitioner-level depth in at least two focus areas. They must understand threats and risk mitigations, perform cyber risk assessments at the application, platform, and system levels, and recommend solutions that protect the bank and strengthen its cyber resiliency and incident-response preparedness. Global Cybersecurity (GCS) manages cyber risk across State Street’s business entities by delivering timely, actionable insights that enable informed decision-making and strengthen the firm’s cyber risk culture. Within GCS, the Business Information Security Officer (BISO) function is the trusted advisor that embeds security within the business, serving as the conduit between GCS and the business units — providing guidance on policy, standard, and control compliance, and promoting cyber awareness across the organization.

Requirements

Practitioner-level depth across several of the domains: Cloud & modern platform security (Azure, AWS, or cloud principles; hybrid and multi-cloud), Networking and network security, Security architecture fundamentals and control design effectiveness, Operating systems, Cryptography, encryption, and key management, Patching and vulnerability management, Cyber resiliency, incident response, and recovery (tabletop exercises, playbooks, after-action reviews), Data classification and data protection, Secure communication protocols, Identity and Access Management (IAM) / Privileged Access concepts, Secure SDLC, secure engineering, and DevSecOps, Third-party & supply chain security (vendor assessments, shared responsibility models), Security operations & monitoring (SOC / SIEM awareness, KPIs, posture reporting).
Ability to articulate the risks associated with Generative AI, and the differences between Generative AI, Agentic AI, and traditional Machine Learning.
Demonstrate an understanding of model risk, frontier models, and the risk management around them.
Show strong technical expertise in at least two focus areas across Multi-Cloud, AI, Machine Learning, Blockchain, Software Supply Chain, and Quantum Computing.
Use AI effectively to solve problems; experience with Agentic AI use cases and deployments is a plus.
Understands how to measure risk, discuss trade-offs, and support risk-acceptance decisions in line with risk appetite.
Familiarity with recognized standards and frameworks (e.g., NIST CSF 2.0, NIST SP 800-53, ISO 27001).
Understanding of issue management, triage, remediation tracking, and residual-risk scoring.
Establish key relationships with business risk executives, third-party management, client relations, global technology services, second and third lines of defense, and internal regulatory teams.
Identify friction and complexities that hinder efficient security controls and coordinate or escalate solutions.
Translate technical risk into clear, actionable business terms for both technical and non-technical audiences.
Good understanding of agile methodology, tools, procedures, and iterative decision-making processes.
Experience working with dashboards and data-mining tools to build cyber risk profiles.
Demonstrates continuous learning; stays current on emerging threats, technologies, and trends, and can explain how they keep up to date.
Knows when to admit knowledge gaps and can describe how they would go about obtaining the needed information.
Bachelor’s degree in Computer Science, or a related technical field — or equivalent work-aligned experience.
CISSP or CISM required.
5+ years working with business leadership across enterprise projects;
Strong analytical, communication (written and verbal), research, and organizational skills; strong interpersonal skills including active listening, dependability, and teamwork.

Nice To Haves

CRISC, CISA, SSCP, CCSP, CEH, or GIAC certifications highly valued.
Emerging-tech / AI security certification a strong plus — e.g., ISACA Advanced in AI Security Management (AAISM), the first AI-centric security management credential (for CISM/CISSP holders), covering AI Governance & Program Management, AI Risk Management, and AI Technologies & Controls.
Experience with Agentic AI use cases and deployments is a plus.

Responsibilities

Partner with senior business and technology leaders through timely data delivery to enable informed decision-making, prioritization, and risk-based trade-offs.
Oversee and actively manage risks in line with risk appetite through continuous business unit engagement, escalating open risk items to aligned business leadership.
Collaborate with key stakeholders to identify information assets and assess the protection needs requirements for the entire line of business and legal entity.
Perform cyber risk assessments at the application / platform / system levels to identify vulnerabilities and potential threats, analyze impacts to the bank, and determine protections required; own application- and service-level threat models.
Integrate information security risk review into lifecycle processes such as Incident Management, Vulnerability Management, Third-Party Risk Review, Cyber Resiliency, eSDLC, and Change and Project Management.
Represent the global cybersecurity organization as a member of business control committees, risk committees, and specialized forums.
Prepare and deliver executive-ready presentations and briefings on protection-needs outcomes, threat models, and control results to mid- and senior-level leadership.
Report significant changes in information security risk to the appropriate level of management on both a periodic and an event-driven basis.

Benefits

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)
eligibility for certain tax advantaged savings plans
inclusive development opportunities
flexible work-life support
paid volunteer days
vibrant employee networks