Who we are looking for:

The Risk Strategy and Operations, AVP will support the development and execution of risk management strategies, operational improvements, metrics reporting, and control processes within the First Line Risk and Control team. This position ensures day-to-day operations are aligned with organizational risk frameworks and supports senior leaders with reporting and process enhancements.

Why this role is important to us

Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We’re driving the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation. We offer a collaborative environment where technology skills and innovation are valued in a global organization. We’re looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.

Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

What you will be responsible for:

As Risk Strategy and Operations, Assistant Vice President, you will be

Key Responsibilities

Risk Identification and Monitoring: Assist in conducting risk and control self-assessments. Monitor key risk indicators (KRIs) and escalate potential issues. Support testing and validation of operational controls.

Metrics Development and Reporting: Collect and analyze data to generate performance metrics and risk reports. Prepare dashboards and summaries for business unit leaders.

Process Improvement: Identify inefficiencies in risk processes and recommend solutions. Assist in implementing process changes to strengthen the control environment.

Stakeholder Collaboration: Partner with business unit managers to ensure compliance with risk policies. Act as a liaison between risk teams and operational teams.

Operational Support: Support daily execution of risk frameworks and reporting schedules. Maintain documentation for risk and control activities.

What we value

These skills will help you succeed in this role:

Ability to interact with and communicate professionally with management in multiple regions.

Good verbal and written communication skills, ability to express ideas and understand workflows.

Time management skills, problem-solving and critical thinking skills.

Experience with a GTS tool such as Archer a plus.

Experience in creating process flows, identifying controls, creating management information in power point decks.

Must have the ability to operate in a deadline-oriented environment with simultaneous deliverables.

Must be detail oriented.

Experience working in the financial industry preferred but not required.

Education & Preferred Qualifications

Bachelor’s degree in Finance, Business, or a related field.

7+ years of experience in risk management, operations, or control roles.

Strong analytical and problem-solving skills with proficiency in Excel and PowerPoint.

Effective communication and relationship-building abilities.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Salary Range:

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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