Third Party Resiliency Vice President at State Street in Quincy, Massachusetts

Job Description:

Job Description

Enterprise Resiliency Office (ERO) develops and oversees a global program that governs the business in the creation of effective and risk appropriate resilience, continuity and recovery solutions to support the continuation of critical processing and servicing of our clients. The ERO Third-Party Resiliency Vice President (VP) reports to Third Party Resiliency Managing Director who is responsible for assessing State Street's Enterprise Critical Third Parties (ECTPs) capabilities for operational resilience, business continuity and disaster recovery capabilities to recover in the event of a disruption, and alignment to State Street's corporate-wide operational resilience and business continuity programs. This individual will serve as a liaison between Third-Party Risk Management (TPRM), ECTPs, Business, and Business Continuity teams and third parties on third party continuity related matters.

Additionally, the ERO Third-Party Resiliency VP is responsible for ERO third party risk management program elevation and continuous improvement through program design and management as well as being a regulatory partner for the program.

As a Third-Party Resiliency VP you will:

• Lead remediation efforts for Third-Party Regulatory Project, engaging with consultants and regulators


• Manage team of Third-Party analysts executing due diligence, site visits and table top exercises


• Prepare monthly regulatory reporting and participate in meetings as required


• Support Third Party Resiliency team by participating in the Due Diligence Questionnaire (DDQ) secondary review process and evaluating test results to identify potential Third-Party continuity risks and engage with the third parties on continuity matters


• Communicate with Engagement Managers, Business, Third-Party Risk Management (TPRM) teams and third parties regarding issues discovered during DDQ reviews.


• Create and/or update program standards, procedures and job aids.


• Support ERO management to validate that Business Continuity, Operational Resilience, and regulatory requirements are adequately addressed for State Street's Critical Third Party engagements


• Participate in enhanced governance for third party operational risks


• Evaluate remediation of issues or weaknesses in the third-party's resilience capabilities and approve closure


• Execute on additional program responsibilities as requested

• Bachelor's degree or equivalent


• Minimum 10 years' Financial Services, Consulting experience a plus

• Project management, analysis and reporting experience beneficial


• Minimum 4 years Third-Party Risk Management and/or Business Continuity experience preferred


• Proven communication, interpersonal, decision-making and negotiation skills


• Proven ability to work effectively with senior management


• Ability to influence and work collaboratively across multiple organizations to reach common goals

• Experience with supervising staff and processes is preferred


• Strong Excel and PowerPoint skills required

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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