Strategic Risk, VP
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. 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. The group is seeking a highly qualified individual to support the ongoing development of State Street’s strategic risk management capabilities, including establishing new programs and associated governance.
Requirements
- 8+ years of professional experience
- Bachelor’s degree required
- Strong writing and critical thinking skills
- Strong analytical skills and the ability to identify and develop solutions in nascent or emerging areas
- Strong technical/analytical/quantitative skills
- The ability to work in a fast-paced, unstructured environment
- Ability to support creation of effective presentations on results of key initiatives
- Ability to provide a strategic perspective while maintaining a detail-oriented approach to deliverables to ensure a high standard of quality and accuracy
- Project management skills, including coordination with key stakeholders across the organization
Nice To Haves
- Master’s degree preferred
- advanced capabilities in Excel and basic programming (e.g., R, Python) skills are a plus
Responsibilities
- Collaborating both within the group and with cross-functional teams across the organization to establish new practices in strategic risk as well as to further develop existing areas of practice
- Support horizon scanning and strategic risk analysis, integrating outputs 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.
Benefits
- our 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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
