Chief Risk Officer International, Senior Vice President, Hybrid

Recruiter
State Street Corporation
Location
London, United Kingdom
Salary
Competitive
Posted
26 Apr 2022
Closes
26 May 2022
Ref
14639849
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Who we are looking for
The Chief Risk Officer International reports directly to the Chief Risk Officer for State Street and is responsible for developing, directing and managing the overall enterprise risk management function within the following International regions: United Kingdom, Ireland, Asia Pacific and Latin America.

The role is responsible for ensuring effective identification, measurement, control and management of the relevant risks facing State Street within the International operation thereby improving the overall risk posture of the region. Furthermore, the role is responsible for ensuring that the respective risk programs address all relevant risks as well as corporate and local requirements, collaborating with Enterprise Risk Management (ERM) peers as well as with Legal, Compliance, Regulatory and Industry Affairs and Corporate Audit as appropriate.

This role is also an SMF-4 position for SSBT Branch and its affiliates in the UK.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. 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 Chief Risk Officer International you will
  • Build and/or maintain effective relationships with senior regulators and agencies regarding State Street's risk programs and related regulatory requirements
  • Develop required International or regional enhancements for risk management policies, procedures and systems to identify, measure and monitor the related risks; this includes all required jurisdictional reviews and approval with relevant stakeholders / governance bodies
  • Provide oversite and governance of policies & procedure, risk thresholds, monitoring and remediation oversight of State Street's related International business units
  • Provide advice and guidance to corporate and regional committees, legal entity boards, with appropriate, timely and relevant information so that they can discharge their responsibilities effectively
  • Identify key emerging risks and ensure appropriate risk responses are developed
  • Monitor changes in the risk profile and provide effective challenge to Business stakeholder's remediation plans
  • Provide reporting as applicable to both internal constituents and external regulators (UK/Ireland - 3, APAC - 11 countries and 18 regulators, and LatAm - tbc)
  • Ensure effective measures are taken to address breaches of risk tolerance or identified deficiencies in risk control and that such matters are appropriately escalated
  • Chair business unit-wide, regional, or corporate-wide committees and serve in global and regional committees to review and oversee major relevant risk management and compliance issues; ensure that relevant risk-related management information is produced and reviewed at appropriate intervals. May serve in industry committees (e.g., UK Technology and Operational Risk Committee)
  • Work closely with business unit management to establish appropriate risk culture and ensure business line ownership, accountability and responsibilities for risks they generate
  • Identify key risks and trends for the Regional and Country executives as it relates to business strategies
  • Ensure collaboration and coordination between ERM International and the Corporate ERM functional leads as well as International Legal, Compliance, Regulatory and Industry Affairs and Corporate Audit as appropriate
  • Lead and manage a multi-jurisdictional team of professionals ensuring that there are clear lines of reporting, authority levels, objectives and progress against performance priorities
  • Develop and manage the planning and budgets (people, infrastructure, consulting) as assigned by the Chief Risk Officer

What we value
These skills will help you succeed in this role
  • Highly organized with extensive analytical, problem-solving and negotiation skills
  • Proven interpersonal and communication skills at both the executive and board level

Education & Preferred Qualifications
  • Bachelor's degree in Law, Finance, or Business Administration, or in a related field
  • Post-graduate education, with a master's degree in business administration preferred
  • Specialized training in risk management will be viewed as an asset
  • Minimum of 20 years of related experience including time spent managing in an executive capacity
  • Related business experience in accounting, economics, legal or actuarial work
  • Deep knowledge and understanding of risk management principles and strategies
  • Demonstrated experience evaluating risks and developing strategies to mitigate those risks for a multi-jurisdictional financial services company
  • Understanding of digital and corporate technology systems, networks, IT infrastructure and cyber threats
  • Knowledge of financial compliance requirements including fraud prevention and potential threats to monetary transactions

Are you the right candidate? Yes!
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.

Discover more at StateStreet.com/careers

Similar jobs

Similar jobs

  • You need to sign in to save