Business Risk Management

Who We Are Looking For
The Vice President (VP) will play a leadership role in the first line risk management of client deals, focusing on the assessment of risk during the deal lifecycle and the execution of process and control reviews. This role supports the integration of lift-out's into the firm's risk ecosystem, ensuring alignment with internal control standards and risk governance frameworks. This role relates specifically to Project Maverick and our UK Transfer Agency (TA) business expansion.

Why this role is important to us
The team you will be joining is a part of State Street Global Delivery (SSGD). SSGD gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGD's tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What You Will Be Responsible For
As Business Risk Management (BRM), Vice President you will

BRM Lift Out Playbook

• Lead and manage the execution of the BRM Lift Out playbook and Day 2 migration for Project Maverick

Business Expansion (Including UK TA)

• Lead and manage BRM activities as required in relation expansion activities including the UK TA Business expansion which includes ZILO, our digital-first TA platform.

Risk Identification & Assessment

• Lead and / or participate in operational workshops and deal workstreams to review risks across all workstreams.
• Deliver a project specific Risk Register focused on risks identified for Day 1 and beyond assessing Inherent Risks; Residual Risk, taking into account mitigating actions.
• Prepare reporting on risk related matters to be presented to the project steerco and Lift Out Steerco as required
• Support operations as relates to risk acceptances and creation of issues as required ensuring that remediation plans are robust and aligned to expected standards

Process & Control Reviews

• Conduct walkthrough sessions for mapped processes and sub-processes to identify inherent risks and assess control design effectiveness.
• Evaluate the adequacy, coverage, and independence of controls, compiling gaps and recommending remediation actions
• Lead the execution of Risk Control Self-Assessments (RCSA)
• Contribute to uplift of control language to meet internal standards.

Governance & Reporting

• Design and support the integration of lift-out projects into the firm's risk governance and reporting processes.
• Coordinate with stakeholders to escalate material risks and ensure timely issue remediation and documentation.

Training & Communication

• Develop and deliver training plans for risk excellence across lift-out functions.
• Lead and support the harmonisation of risk culture and communication protocols during transition and integration phases.

Stakeholder Engagement

• Establish strong relationships and collaborate with Business Risk Management functions, SLOD (Risk and Compliance) , Audit, and other control teams to align review scope and avoid duplication.
• Establish strong relationships with Senior Management in the UK, EMEA and Global TA Function to support all FLOD Risk and Control matters as they relate to the UK TA Business
• Partner with workstream leads and project leads to ensure timely identification and escalation of risks, challenging and advising on proposed remediation and/or mitigation plans.

What We Value
These skills will help you succeed in this role

• Previous Audit and assurance review experience within financial services
• Experience in operational risk including risk identification and control design,
• Familiarity with Risk and Control self assessments , issue management platforms such as Archer and internal control standards.
• Strong analytical and documentation skills, with ability to interpret complex process flows and control frameworks.
• Effective communicator with experience in cross-functional stakeholder engagement.

Additional Requirements

• Experience in lift-out or M&A integration projects.
• Understanding of a bank's risk governance and control environment.
• Ability to work independently and manage multiple priorities under tight timelines.
• Knowledge of UK Regulatory Environment and Products

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.