Key Takeaways
- • State Street is actively recruiting for a Senior Vice President position as Head of Non-Financial Risk Management, reflecting organizational investment in enterprise risk oversight and regulatory compliance infrastructure.
- • The role requires a minimum of 15 years of experience in non-financial risk management, compliance, or operational risk within financial services, with demonstrated executive leadership at global systemically important banks (GSIBs) or large complex financial institutions.
- • The SVP will oversee the non-financial risk management framework across Global Delivery and Investment Services divisions, with responsibility for compliance, operational risk, technology risk, model risk, resiliency, data governance, and third-party risk management in a multi-jurisdictional regulated environment.
- • Key responsibilities include developing enterprise-wide risk frameworks, conducting independent oversight of first-line risk activities, leading risk identification and assessment processes, and serving as subject matter expert advisor to senior management and governance committees on risk-related events and remediation strategies.
- • The position requires demonstrated expertise in global regulatory requirements, direct regulator engagement, and experience managing regulatory examinations and remediation activities—critical competencies for a custodial bank operating under heightened post-2008 regulatory scrutiny.
Summary
State Street Corporation has opened a senior recruitment for a Senior Vice President position focused on Non-Financial Risk Management within its Global Delivery and Investment Services divisions. The appointment underscores the financial services industry's continued emphasis on enterprise risk governance and regulatory compliance following the post-financial crisis regulatory environment. The role represents a critical leadership position within State Street's risk management infrastructure.
The position requires candidates with substantial experience managing non-financial risks across complex, regulated financial institutions. Specifically, State Street is seeking individuals with a minimum of 15 years of professional experience in non-financial risk management, compliance, or operational risk within the financial services sector, coupled with demonstrated executive leadership capabilities. Preference is given to candidates with experience at GSIBs or other large, systemically important financial institutions, reflecting the operational complexity and regulatory expectations associated with the custodial banking sector.
The SVP will assume broad responsibility for developing, implementing, and overseeing a comprehensive non-financial risk management framework aligned with enterprise-wide policies and regulatory obligations. This encompasses multiple risk domains including compliance risk, operational risk, technology risk, model risk, business resiliency, data governance, and third-party risk management. The role demands independent oversight of first-line risk management activities and serves as a trusted advisor to senior leadership and governance committees on risk identification, assessment, scenario analysis, loss event management, and remediation strategies across multi-jurisdictional operations.
Critical to the position is direct engagement with regulatory authorities and management of regulatory examination processes. Candidates must demonstrate proven capability in regulatory consultation, managing complex examinations, and executing remediation activities in alignment with applicable laws and internal policies. The role requires exceptional analytical, problem-solving, and communication skills, with the ability to influence consensus across organizational levels in a high-pressure, deadline-driven environment. Advanced education—such as a Master's degree, law degree, or Ph.D.—is preferred, though a bachelor's degree is the minimum requirement.
The position requires candidates with substantial experience managing non-financial risks across complex, regulated financial institutions. Specifically, State Street is seeking individuals with a minimum of 15 years of professional experience in non-financial risk management, compliance, or operational risk within the financial services sector, coupled with demonstrated executive leadership capabilities. Preference is given to candidates with experience at GSIBs or other large, systemically important financial institutions, reflecting the operational complexity and regulatory expectations associated with the custodial banking sector.
The SVP will assume broad responsibility for developing, implementing, and overseeing a comprehensive non-financial risk management framework aligned with enterprise-wide policies and regulatory obligations. This encompasses multiple risk domains including compliance risk, operational risk, technology risk, model risk, business resiliency, data governance, and third-party risk management. The role demands independent oversight of first-line risk management activities and serves as a trusted advisor to senior leadership and governance committees on risk identification, assessment, scenario analysis, loss event management, and remediation strategies across multi-jurisdictional operations.
Critical to the position is direct engagement with regulatory authorities and management of regulatory examination processes. Candidates must demonstrate proven capability in regulatory consultation, managing complex examinations, and executing remediation activities in alignment with applicable laws and internal policies. The role requires exceptional analytical, problem-solving, and communication skills, with the ability to influence consensus across organizational levels in a high-pressure, deadline-driven environment. Advanced education—such as a Master's degree, law degree, or Ph.D.—is preferred, though a bachelor's degree is the minimum requirement.
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