Change Risk Management, VP

State Street•Boston, MA

1d•$90,000 - $157,500

About The Position

The Enterprise Risk Management (ERM) department at State Street is responsible for the identification, analysis, and management of risk at both the corporate-level and in partnership with the business units in support of their activities. This is accomplished by balancing our growth and revenue targets with appropriate risk oversight, policies, guidelines and limits, as well as support provided by risk management professionals. Strategic Risk within ERM is focused on the management of risks arising from State Street’s business strategy and its execution and risks related to a lack of appropriate adaptation to changes in the industry and broader environment. A core driver of Strategic Risk is the design, delivery and implementation of enterprise change, including new business and product development, M&A, lift-outs, strategic change programs and broader strategy execution, where the pace, scale and complexity of change can materially affect the firm's risk profile. Led by the Head of Operational Resiliency, Third Party, and Strategic Risk, the Strategic Risk practice at State Street is an emerging practice for the firm, and the ideal candidate will have the opportunity to help shape and influence its evolution.

Requirements

6+ years of financial services experience in risk management, transformation, or change-related roles within first or second lines of defense
Proven ability to design and implement risk management programs, including policies, standards, governance routines, and reporting mechanisms.
Independent, strategic thinker; comfortable operating in ambiguity, shaping direction, and making judgment‑based decisions with limited guidance.
Advanced problem‑solving and critical‑thinking skills with the ability to assess emerging risks and propose pragmatic solutions.
Strong analytical skills and the ability to identify and develop solutions in nascent or emerging areas
Strong technical and quantitative skills
Experience operating in a fast-paced, regulated environment within an evolving and maturing risk discipline.
Background in the creation of effective presentations on results of key initiatives
Project management skills, including coordination with key stakeholders across the organization
Bachelor’s degree required

Nice To Haves

Risk or project management certifications are a plus
Master’s degree preferred

Responsibilities

Collaborating both within the group and with cross-functional teams across the organization to establish new practices in change risk as well as to further develop existing areas of practice
Providing oversight across the enterprise change portfolio and integrating change risks into management reporting and dashboards
Supporting the development of new risk assessment and measurement methodologies and frameworks
Managing prioritization of key activities, project plans, and related remediation work
Supporting the production of senior management-level updates and presentation materials for various forums including the Chief Risk Officer and senior Management- and Board-level risk governance committees
Ability to provide a strategic perspective while maintaining a detail-oriented approach to deliverables to ensure a high standard of quality and accuracy

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