Risk Management Lead

1 week ago


London, Greater London, United Kingdom State Street Full time
About the Role
We are looking for a talented Risk Management Lead - UK to join our team at State Street. As a key member of our operational risk management function, you will play a critical role in ensuring the effectiveness of our risk management practices in the UK.

Key Responsibilities
• Support the Head of Operational Risk in developing, implementing, reviewing, and managing risk management policies, procedures, and systems within the Operational Risk function.
• Collaborate with the UK CRO in developing, directing, and managing overall UK non-financial risk management programs, including interactions with senior management and key regulators.
• Contribute to the execution of material risk identification frameworks covering UK businesses and functions in support of the global MRI program.
• Direct and manage operational risk management programs in State Street UK, including developing and monitoring operational risk appetite limits for UK at legal entity level.
• Provide direction, support, and oversight to responsible business units and functions supporting UK Legal Entities, including outsourcing arrangements to intra-group business units.
• Communicate trends, insights, emerging risks, key issues, and information to Risk Meeting/UK Committees and across the three lines of defense.
• Manage projects designed to improve UK non-financial risk management strategies, including RCSA, MRI, KRI's, operational incident capture and management.
• Provide risk reporting to relevant businesses, committees, and legal entity boards as required.

Requirements
• Bachelor's degree or equivalent in a relevant field.
• 8+ years of risk experience, with a strong background in operational risk management.
• Strong organization, project management, and leadership skills, with the ability to develop and maintain strong business relationships within the business unit and across the corporation.
• Proven ability to drive a risk-aware culture throughout the organization and promote a culture of effective challenge.
• Strong understanding of UK legal and regulatory developments and their impact on State Street's business operations.

The estimated salary for this role is £100,000-£130,000 per annum, depending on experience.

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