Business Risk Management- Vice President

Why this role is important to us

Role Summary

Enterprise Resiliency Office (ERO) senior leader responsible for driving end-to-end business risk management execution, including RCSA delivery, risk governance, control environment effectiveness, and regulatory readiness. Acts as a strategic partner to business leadership, ensuring risks are identified, assessed, and managed in alignment with enterprise standards while advancing a data-driven, technology-enabled risk operating model.

What you will be responsible for

Key Responsibilities

1. Enterprise Risk Execution & RCSA Delivery

• Lead execution of the Risk and Control Self-Assessment (RCSA) program across ERO business/function

• Drive timeline adherence, milestone tracking, and issue resolution across stakeholders

• Ensure consistent application of risk taxonomy, applicability, and assessment standards

2. Risk Governance & Control Environment Oversight

• Own risk identification, assessment, and control design quality

• Ensure alignment to central, transversal, and business-owned risk frameworks

• Drive clarity of risk ownership and accountability across business units

3. Issue Management & Regulatory Readiness

• Oversee issue identification, remediation, and closure lifecycle

• Ensure linkage of issues to controls, risks, and policies

• Support regulatory exams, audit engagement, and committee reporting (e.g., ERRC)

4. Business Partnership & Senior Stakeholder Engagement

• Act as a trusted advisor to ERO business leaders

• Influence decision-making on risk acceptance, prioritization, and control strategy

• Partner with 2LOD, Audit, and enterprise risk functions to drive alignment

5. Transformation & Continuous Improvement

• Identify opportunities for:

  • Standardization

  • Automation/AI

  • Productivity gains

What we value

These skills will help you succeed in this role

Core Skills & Experience

• Expertise in operational risk, RCSA, and control frameworks

• Proven ability to implement and guide a risk program across multiple stakeholders

• Strong understanding of risk taxonomy, governance models, and regulatory expectations

• Demonstrated advanced communication and influencing skills

Education & Preferred Qualifications

Leadership Profile

• Strategic risk leader with strong judgment and execution discipline

• Influential partner across the business, risk, compliance, audit, and technology teams

• Governance-focused leader promoting ownership, controls, and risk readiness

Work Requirement

• Onsite 4 days a week in office and one day remote

• Standard business hours aligned to project and stakeholder needs(8am to 5pm)

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.

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.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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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.