Portfolio Surveillance & Risk Oversight, Vice President

State Street•Boston, MA

About The Position

The team plays an important role in the overall success of the organization. Institutional investors globally rely on State Street to help them manage risk, respond to challenges, and drive performance and profitability. This role strives for cutting-edge solutions that are straightforward and scalable, helping to build resilience and execute day-to-day deliverables. State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world, making its mark on the financial services industry through technology and product innovation. For over two centuries, it has helped clients safeguard and steward investments, providing investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.

Requirements

Bachelor’s degree in Finance, Economics, Accounting, or related discipline
10+ years of experience in portfolio surveillance, risk monitoring, or financial risk management
Strong expertise in credit analysis, counterparty risk, and portfolio monitoring
Demonstrated experience producing risk/surveillance reporting for senior management
Experience supporting third line or regulatory reviews
Proven people leadership experience
Strong written and verbal communication skills with high attention to detail and governance discipline

Nice To Haves

Strong risk assessment capabilities, with the ability to identify emerging risks, connect dots across portfolios, and escalate issues with clarity
A disciplined, control‑minded approach to governance, documentation, and consistent application of policy and framework standards.
Executive‑ready communication—concise, accurate surveillance reporting and the ability to influence across senior stakeholders.
A collaborative leadership style that develops talent, sets clear expectations, and builds a high‑performing team culture.
A continuous‑improvement mindset—simplifying processes, leveraging enterprise tools, and driving scalable ways of working.
Technical expertise to modernize reporting and translate data into clear, decision‑useful business insights.
Sound business partnership—balancing portfolio growth priorities with disciplined surveillance oversight and constructive challenge.
Familiarity with enterprise risk platforms (e.g., SVS, truView, Mercatus, RWS)

Responsibilities

Set strategic direction and maintain oversight of portfolio surveillance across Stable Value and certain Private Markets portfolio(s)
Lead annual, periodic, and event‑driven surveillance processes, including LP ratings, portfolio review, and identification of emerging risk indicators.
Oversee quarterly and ad‑hoc surveillance reporting, ensuring accuracy, consistency, and executive‑level readiness.
Ensure consistent application of credit policies, risk frameworks, and control standards across both businesses.
Serve as the senior point of contact with internal audit, risk management, and regulatory stakeholders on surveillance-related matters.
Partner with business unit heads and relationship managers to support portfolio growth while maintaining disciplined portfolio surveillance oversight, strong documentation and process transparency.
Drive enhancements to surveillance processes and reporting, including transition from offline tools to enterprise platforms (e.g., Mercatus, truView).
Provide thoughtful leadership for surveillance analysts, including coaching, performance management, workload planning, and development.
Support hiring and team capacity planning to ensure coverage, continuity, and long‑term scalability of the surveillance function.

Benefits

Competitive and comprehensive benefits packages
Generous medical care
Insurance plans
Savings plans
Flexible Work Programs
Wealth of development programs
Educational support
Tools to help balance professional and personal life
Paid volunteer days
Matching gift programs
Access to employee networks
Retirement savings plan (401K) with company match
Basic life insurance
Medical insurance
Dental insurance
Vision insurance
Long-term disability insurance
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
Vibrant employee networks