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Business Risk Management- Vice President

State Street

Business Risk Management- Vice President

full-timePosted: Aug 20, 2026Updated: Aug 28, 2026Massachusetts, Boston

Job Description

Why this role is important to usRole SummaryEnterprise Resiliency Office (ERO) senior leader responsible for driving end-to-end business risk management execution, including RCSA delivery, risk governance, control environment effectiveness, and regulatory readiness. Acts as a strategic partner to business leadership, ensuring risks are identified, assessed, and managed in alignment with enterprise standards while advancing a data-driven, technology-enabled risk operating model.What you will be responsible forKey Responsibilities1. Enterprise Risk Execution & RCSA DeliveryLead execution of the Risk and Control Self-Assessment (RCSA) program across ERO business/functionDrive timeline adherence, milestone tracking, and issue resolution across stakeholdersEnsure consistent application of risk taxonomy, applicability, and assessment standards2. Risk Governance & Control Environment OversightOwn risk identification, assessment, and control design qualityEnsure alignment to central, transversal, and business-owned risk frameworksDrive clarity of risk ownership and accountability across business units3. Issue Management & Regulatory ReadinessOversee issue identification, remediation, and closure lifecycleEnsure linkage of issues to controls, risks, and policiesSupport regulatory exams, audit engagement, and committee reporting (e.g., ERRC)4. Business Partnership & Senior Stakeholder EngagementAct as a trusted advisor to ERO business leadersInfluence decision-making on risk acceptance, prioritization, and control strategyPartner with 2LOD, Audit, and enterprise risk functions to drive alignment5. Transformation & Continuous ImprovementIdentify opportunities for:StandardizationAutomation/AIProductivity gainsWhat we value These skills will help you succeed in this roleCore Skills & ExperienceExpertise in operational risk, RCSA, and control frameworksProven ability to implement and guide a risk program across multiple stakeholdersStrong understanding of risk taxonomy, governance models, and regulatory expectationsDemonstrated advanced communication and influencing skillsEducation & Preferred QualificationsLeadership ProfileStrategic risk leader with strong judgment and execution disciplineInfluential partner across the business, risk, compliance, audit, and technology teamsGovernance-focused leader promoting ownership, controls, and risk readinessWork RequirementOnsite 4 days a week in office and one day remoteStandard business hours aligned to project and stakeholder needs(8am to 5pm)Salary Range: $110,000 - $181,250 AnnualThe 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.Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.For a full overview, visit https://hrportal.ehr.com/statestreet/Home.About State StreetAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.Discover more information on jobs at StateStreet.com/careersRead our CEO StatementJob 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.

Locations

  • Massachusetts, Boston

Salary

110,000 - 181,250 USD / yearly

Required Qualifications

  • Onsite 4 days a week in office and one day remote (experience)
  • Standard business hours aligned to project and stakeholder needs(8am to 5pm) (experience)
  • Onsite 4 days a week in office and one day remote (experience)
  • Standard business hours aligned to project and stakeholder needs(8am to 5pm) (experience)

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