Enterprise Risk Management, Vice President
$120k - $202.5kState Street Bank
Vice President, ERM Controls & AssurancePosition SummaryThe Vice President, ERM Controls & Assurance, will support the Head of ERM Controls & Assurance in providing governance, oversight, and reporting for ERM-owned risks, issues, and controls. The role is responsible for driving effective issue management, control governance, assurance activities, and risk assessment processes across Enterprise Risk Management.The Vice President will work closely with ERM leadership, Corporate Audit, Operational Risk, Compliance, and other stakeholders to strengthen the control environment, drive issue remediation and assessment activities, and deliver reporting and analysis for senior management and governance committees.Key ResponsibilitiesIssues & ControlsProvide governance and oversight of ERM-owned issues, including regulatory findings, audit issues, and self-identified issues, and coordinate related reporting, escalation, and governance activities, including preparation of materials for the ERM and Corporate Compliance Business Risk Committee.Partner with ERM risk teams to assess control design and effectiveness, monitor trends across issues and controls, and identify opportunities for control enhancement and risk mitigation.Oversee maintenance and governance of the ERM control inventory within Archer.AssessmentsSupport execution of the semi-annual ERM Risk Scorecard process.Coordinate quarterly control environment assessments and reporting.Support and challenge Risk and Control Self-Assessments (RCSA) in partnership with Operational Risk.Develop analysis, reporting, and presentations regarding control effectiveness, issue trends, remediation progress, and overall control environment health for senior management and governance committees.AssuranceCoordinate ERM-related audit engagement activities, including requests, responses, management action tracking, and reporting.Assist in the development and review of remediation plans, closure packages, and sustainability assessments, providing effective challenge to promote sustainable outcomes.Monitor audit and regulatory commitments and report on remediation progress, key milestones, and emerging risks.Leadership & Stakeholder ManagementFacilitate cross-functional working groups and represent the Controls & Assurance function in governance forums and committee discussions.Build effective working relationships across ERM to facilitate issue resolution, assessments, and control enhancement activities.QualificationsRequired8+ years of experience in Risk Management, Controls, Internal Audit, Operational Risk, Regulatory Remediation, or Assurance functions.Strong understanding of control frameworks, issue management, control assessments, and assurance practices.Experience supporting regulatory and audit-related remediation programs and issue management activities.Demonstrated ability to prepare executive-level reporting and committee materials.Exceptional written, verbal, and presentation skills.Proven ability to influence senior stakeholders and drive cross-functional initiatives.PreferredExperience with Archer, RCSA processes, issue management, and control inventories.Experience supporting interactions with regulators and Internal Audit.Knowledge of risk reporting, control effectiveness assessments, and financial services regulatory expectations.Salary Range: $120,000 - $202,500 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 .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.SummaryLocation: Boston, MassachusettsType: Full time
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