Business Risk Executive, Managing Director at State Street in Quincy, Massachusetts

Job Description:

Who we are looking for

State Street Global Technology Services (GTS) is seeking a skilled and proven Business Risk Executive, Managing Director to support leadership in the identification, assessment and mitigation of risk. They will demonstrate deep knowledge of current industry methods for evaluating, implementing, and improving processes and tools. Additionally, the person in this role will review processes and implement solutions to improve them. The ideal candidate will be an excellent leader to produce results in a timely manner.

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

• Develop and implement process improvements to meet business goals


• Plan and execute process improvement projects


• Leverage re-engineering techniques to improve process performance and product quality


• Develop process improvement policies


• Leverage metrics to improve process performance


• Partner with the second line and third of defense consistent with our risk management/control objectives

These skills will help you succeed in this role

• Deep risk management skills


• Demonstrated knowledge of process methodologies ie: SixSigma the disciplined, data-driven approach to continuous improvement.


• Experience leading process improvement


• Excellent verbal and written communication skills


• Thrives working within a fast-paced environment


• Strong critical thinking, problem solving, and decision-making skills to enable looking around corners and proactively address business, regulatory and technology risk exposures


• Ability to identify and articulate risk and control themes to senior management


• Strong execution management skills for delivery of programs and initiatives


• Ability to collaborate and work across multiple stakeholders


• Ability to solve complex problems with support from management


• Able to effectively balance multiple tasks through careful prioritization


• Advanced MS Excel, Word, PowerPoint, etc.

• Bachelor's degree in Computer Science / Information Technology, IT Security, Risk Management, or a related field


• Graduate degree preferred


• Minimum of 12-15+ years proven experience with risk management, auditing standards, and best practices with 7-10 years experience as part of a leadership team

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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:
$175,000 - $287,500 Annual

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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