Role Summary

State Street uses third parties to support internal processes and to assist in delivery of products and services to clients. In order to manage the risks introduced by working with third-party service providers, State Street has a Third-Party Risk Management (TPRM) program which established the policy and standards for conducting risk assessments and related governance activities. To aid the global team conducting these activities and the internal business areas they support, the Vice President of Program Delivery will be responsible for ongoing TPRM program and framework enhancements. This role will be instrumental in evolving the current TPRM program and maintaining compliance with global regulatory obligations. The successful candidate will demonstrate strong risk management capabilities, strong analytical capabilities and the ability to drive TPRM program changes, including soliciting and socializing feedback on proposed changes with key stakeholders across the organization.

Job Duties and Responsibilities

• Assist in identifying opportunities for TPRM Program enhancement; propose program updates considering risk impact as well as impact to global regulatory obligations, operations, reporting, and governance
• Maintain an understanding of global third party regulations and stay abreast of evolving regulatory requirements
• Identify and work with key stakeholders to drive program updates from concept to operational implementation, including partnership with internal TPRM stakeholders, business stakeholders, legal, second line, and governance committee, as applicable
• Update TPRM Policy and Standard to reflect agreed upon program changes
• Identify and solution barriers to operational implementation, working with internal TPRM stakeholders and business unit stakeholders, as needed
• Identify system functionality changes which may be required to execute program enhancements or drive efficiencies in the operation of the TPRM program; work with technology support team to define relevant business requirements
• Lead target initiatives across the enterprise to enhance third party governance & reporting
• Flexibility in working outside of direct responsibilities to support emerging TPRM program requirements & changes

Skills

• High intellect, decisiveness and the drive and flexibility to operate in a constant changing environment
• High degree of integrity and forethought in making decisions; able to act in a transparent and consistent manner, not afraid to deliver and manage complex and difficult messages
• Proven ability to effectively interface with key stakeholders and senior management to gain commitment and consensus; works collaboratively across all lines of defense to reach common goals and acts as a “trusted advisor”
• Strategic thinking that focuses on developing risk-based solutions to optimize execution approaches while maintaining efficiency
• Excellent presentation, interpersonal, and communication skills; effectively communicates (both written and oral) at all levels throughout an organization
• Demonstrated experience working in an environment managing multiple, concurrent deliverables, effectively prioritizing tasks; work independently in non-routine situations in a fast paced environment

Qualifications

• Bachelor’s degree with 10+years of experience in related fields
• Experience within large complex organizations, including within financial services organizations
• Experience working with various risk programs, including risk analysis and risk reporting
• Strong working knowledge of Microsoft Office products, particularly PowerPoint and Excel

What we offer

• Employee savings plan
• Premium life insurance package
• VIP medical package
• International operating environment
• Additional holiday entitlement
• A suite of training classes and workshops
• Sourcing or leadership career pathway

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

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