Business Risk Advisory – Global Treasury & Finance, VP

State Street•Boston, MA

28d

About The Position

The Vice President, Business Risk Advisory – Global Treasury & Finance serves as a Risk Advisor and strategic partner within the Corporate Finance Risk Advisory team, with an initial primary focus on supporting Global Treasury. The role provides independent oversight, challenge, and guidance across Treasury activities, including liquidity and funding management, capital management, investment portfolio management, treasury operations, regulatory reporting, and enterprise transformation initiatives. Over time, the scope of responsibility may evolve to support other Corporate Finance functions based on organizational priorities, business needs, and risk advisory coverage requirements. This role partners closely across the three lines of defense and acts as a trusted advisor to senior management in driving Risk Excellence, strengthening the control environment, and ensuring operational, regulatory, and compliance risks are effectively identified, assessed, escalated, and mitigated. The role is responsible for leading key Business Risk Management programs, risk forums, and the development of sustainable risk and control frameworks that support the achievement of business objectives while meeting regulatory expectations.

Requirements

Bachelor's degree in Finance, Accounting, Business Administration, Risk Management, or a related field
10+ years of progressively responsible experience in Risk Management and Controls, Compliance, Audit, Treasury, or related control functions within financial services
Experience with global treasury functions within a financial services environment and global treasury knowledge
Understanding of risk management frameworks, internal controls, governance practices, and regulatory requirements applicable to financial institutions
Experience leading large-scale risk assessments, business risk programs, control framework design, and regulatory initiatives
Experience supporting regulatory examinations, audits, issue remediation programs, and business transformation efforts

Nice To Haves

Advanced degree or professional certification a plus, but not required

Responsibilities

Provide business and compliance risk strategy, oversight, and challenge to Global Treasury & Finance leadership across key functions and initiatives
Serve as a trusted advisor to senior leaders, influencing decision-making through effective risk identification, assessment, and mitigation strategies
Lead risk forums, driving the identification of emerging risks, issue self-identification, control enhancements, and a culture of accountability
Act as a Culture Champion for Risk Excellence, promoting strong risk awareness, transparency, and proactive risk management throughout the organization
Serve as the primary escalation point for non-financial risk issues
Contribute to executive governance forums, Business Risk Committees, and senior management discussions
Monitor evolving regulatory expectations, industry developments, and emerging risks and assess their impact on operations and strategic initiatives
Lead and execute core Business Risk Management programs, including: Risk and Control Self-Assessments (RCSA), Process and Control Reviews, Operational Risk Assessments, Operational Key Risk Indicator (ORKI) oversight, Issue Management and Corrective Action Plans, Risk Event and Root Cause Analysis, Regulatory and Compliance Risk Assessments, Risk Reporting and Governance Activities
Support transformation initiatives, technology implementations, operating model changes, and process redesign efforts while ensuring risk and control considerations are appropriately incorporated
Provide a framework for reduction of residual risk through proactive identification of risks, control gaps, operational weaknesses, and timely remediation activities
Support business ownership and implementation of corporate risk management policies, standards, and regulatory requirements
Design, enhance, and oversee end-to-end risk and control frameworks across Treasury processes, regulatory reporting activities, and supporting data flows
Partner with business, technology, and data management teams to assess control impacts resulting from system implementations, process transformations, and organizational changes
Lead remediation efforts for operational risk events, regulatory findings, audit observations, and control deficiencies, ensuring sustainable and well-documented solutions
Support process and control reviews, audits and additional aligned with enterprise and departmental objectives to strengthen the internal control environment for critical Treasury functions
Ensure risks, controls, and key dependencies are appropriately documented, monitored, and governed
Collaborate closely with Compliance, Corporate Audit, Enterprise Risk Management, Legal, Technology, Operations, and Finance stakeholders to coordinate regulatory obligations, examinations, audits, and enterprise initiatives
Build and maintain highly effective relationships with senior leaders across the organization while providing constructive challenge and independent risk perspectives
Develop and present executive-level risk reporting, metrics, and governance materials to senior management, committees, and regulators
Coordinate stakeholders across multiple business units, geographies, and time zones to drive consistent risk management practices and execution
Mentor junior risk professionals, fostering a collaborative, high-performing environment focused on accountability, professional growth, and continuous improvement
Promote a culture of risk excellence, transparency, ownership, and proactive issue identification throughout the organization

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