Who we are looking for

State Street Global Technology Services (GTS) is seeking an accomplished and experienced Business Technology Risk Advisor - Managing Director to assist leadership in identifying, assessing, and mitigating risk. This individual will possess comprehensive knowledge of contemporary industry methodologies for evaluating, implementing, and enhancing processes and tools, backed by relevant technology experience. The successful candidate will review existing procedures and implement effective improvements, demonstrating strong leadership to deliver timely results.

Why this Role Matters

Our technology division, Global Technology Services (GTS), serves as a critical component of State Street, enabling our business to provide clients with essential data and insights. We are at the forefront of the company's digital transformation, broadening business capacities through leading-edge technologies such as cloud computing, artificial intelligence, and robotic process automation.

We offer a collaborative, innovation-driven environment where technology expertise is highly valued. We seek top technical talent eager to join our team to support development of innovative technology solutions to position State Street as a next-generation, end-to-end financial services provider.

The First Line Risk and Control function acts as an independent first line partner with each of the technology business lines, partnering with the relevant CIO’s for each area. The role will be part of the FLRC global team.

Join our organization if you are a risk manager who is looking to expand your technical skills, address real-world challenges, and contribute meaningfully to the industry.

Key Responsibilities

• Develop and implement process enhancements aligned with business objectives

• Plan and execute projects aimed at risk reduction

• Utilize re-engineering techniques to optimize process efficiency and product quality

• Collaborate on metrics development and leverage data to drive performance improvements

• Partner with second and third lines of defence, ensuring alignment with risk management and control goals

Core Competencies

• Extensive expertise in risk management

• Proficient understanding of process improvement methodologies, such as Six Sigma

• Proven track record in leading process optimization initiatives

• Superior verbal and written communication abilities

• Ability to excel in dynamic, fast-paced environments

• Advanced critical thinking, problem-solving, and decision-making skills that anticipate business, regulatory, and technological risk exposures

• Talent for articulating risk and control considerations to senior management

• Strong execution and program management capabilities

• Collaborative approach, with the ability to engage multiple stakeholders

• Competence in managing complex tasks through effective prioritization

Technical Expertise

Software Development Life Cycle (SDLC)

• Extensive understanding of SDLC methodologies including Agile, Waterfall, and DevOps

• Experience in managing and mitigating risks throughout the SDLC

• Capability to conduct risk assessments and audits during SDLC phases

Infrastructure

• Profound knowledge of network architecture and infrastructure components

• Experience with cloud platforms such as AWS, Azure, or Google Cloud

• Proficient in identifying and addressing infrastructure security and performance risks

Overall Technical Skills

• In-depth understanding of cybersecurity principles and practices

• Skilled in utilizing risk management tools and software

• Analytical abilities to interpret technical data and recognize potential risks

• Experience designing and executing risk mitigation strategies

Preferred Risk / Technology Management Tools

• RSA Archer

• ServiceNow ITSM

Technology Risk Frameworks

• Knowledge of COBIT for IT governance and management

• Familiarity with NIST frameworks for cybersecurity and risk management

• Understanding of ITIL for IT service management and risk mitigation

Education & Preferred Qualifications

• Bachelor’s degree in Computer Science, Information Technology, IT Security, Risk Management, or related discipline required

• Advanced degree preferred

• Minimum of 15 years’ proven experience in risk management, auditing standards, and best practices, with at least 10 years in a leadership capacity

Candidate Profile

At State Street, we recognize the value that diverse backgrounds and experiences bring to our teams. While each vacancy outlines specific requirements, we encourage applications from candidates who demonstrate adaptability, innovative thinking, strong teamwork, and the ability to make data-driven decisions—even if not all qualifications are met.

About State Street

Our Mission. As one of the world’s largest custodian banks, asset managers, and asset intelligence companies, State Street leads through technological advancement and product innovation within the financial services sector. For over two centuries, we have supported our clients by safeguarding and stewarding their investments, delivering investment servicing, analytics, research, trading, and management to institutional investors.

Work, Live, and Grow. We are dedicated to fostering a supportive work environment. Our competitive and comprehensive benefits packages vary by location, but typically include robust healthcare, insurance, and savings programs. Flexible Work Programs and an array of development and educational opportunities help employees achieve their full potential.

Inclusion, Diversity, and Social Responsibility. We firmly believe diversity drives innovation and creates inclusive environments where everyone can thrive. We actively welcome individuals of all backgrounds, abilities, ages, sexual orientations, gender identities, and personalities. Our commitment extends beyond the workplace, supporting communities globally through partnerships, leadership, volunteerism, matching gift programs, and employee networks. State Street is an equal opportunity and affirmative action employer.