Vice President, Compliance – Wealth Custody and Clearing

State Street • Boston, MA

5d

About The Position

Who we are looking for The Vice President, Compliance is responsible for leading and overseeing the compliance function within Wealth Custody and Clearing. This role ensures adherence to regulatory requirements, internal policies, and industry standards, while proactively identifying, assessing, and mitigating compliance risks across all business activities. What you will be responsible for Develop, implement, and maintain a robust compliance program for Wealth Custody and Clearing, aligned with regulatory expectations (SEC, FINRA, CFTC, etc.) and State Street’s internal standards. Monitor changes in laws, regulations, and industry practices; assess impact and ensure timely adaptation of compliance policies and procedures. Lead compliance risk assessments, gap analyses, and control testing to identify areas of exposure and recommend remediation strategies. Oversee regulatory reporting, audits, and examinations; coordinate responses and ensure timely resolution of findings. Advise senior management and business partners on compliance matters, providing guidance on new products, services, and strategic initiatives. Collaborate with Risk, Legal, Operations, and Technology teams to ensure integrated risk management and compliance oversight. Design and deliver compliance training and awareness programs for staff and stakeholders. Manage compliance investigations, incident reviews, and escalation processes. Prepare and present compliance metrics, dashboards, and reports to executive leadership and relevant committees. Represent the business in regulatory engagements, industry forums, and external audits.

Requirements

• Bachelor’s degree required; advanced degree (JD, MBA, or related) preferred.
• 10+ years of experience in compliance, regulatory risk, or related functions within financial services, preferably in custody, clearing, or wealth management.
• Deep knowledge of relevant regulations (SEC, FINRA, CFTC, AML, OFAC, etc.) and industry best practices.
• Proven track record in designing and managing compliance programs, regulatory reporting, and audit management.
• Strong analytical, problem-solving, and project management skills.
• Excellent communication, leadership, and stakeholder management abilities.
• Experience with compliance technology, data analytics, and process improvement initiatives.

Nice To Haves

• FINRA, Series 7, 63, 24, 55 preferred

Responsibilities

• Develop, implement, and maintain a robust compliance program for Wealth Custody and Clearing, aligned with regulatory expectations (SEC, FINRA, CFTC, etc.) and State Street’s internal standards.
• Monitor changes in laws, regulations, and industry practices; assess impact and ensure timely adaptation of compliance policies and procedures.
• Lead compliance risk assessments, gap analyses, and control testing to identify areas of exposure and recommend remediation strategies.
• Oversee regulatory reporting, audits, and examinations; coordinate responses and ensure timely resolution of findings.
• Advise senior management and business partners on compliance matters, providing guidance on new products, services, and strategic initiatives.
• Collaborate with Risk, Legal, Operations, and Technology teams to ensure integrated risk management and compliance oversight.
• Design and deliver compliance training and awareness programs for staff and stakeholders.
• Manage compliance investigations, incident reviews, and escalation processes.
• Prepare and present compliance metrics, dashboards, and reports to executive leadership and relevant committees.
• Represent the business in regulatory engagements, industry forums, and external audits.

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: 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); and, eligibility for certain tax advantaged savings plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees