Job Description The Officer, Enterprise Technology Risk Management will be an integral part of the Enterprise Risk Management function. The position is responsible for identifying, assessing and supporting in oversight of operational and technology risks posed by vendors. The position will provide an opportunity to work across the Company business units and functions.
Job Responsibility
Develop a detailed understanding of the business, the vendor landscape and the operational and technology risks posed by vendor to individual business soliciting vendor service.
Develop a detailed understanding of operational risk due diligence and in general Third Party Risk Management program at State Street
Review and challenge the vendor responses obtained through the Due diligence questionnaires and identify the vendor's ability to manage their operational risks including but not limited to management of operational issues, analysis of loss data, reporting on operational risks, etc.
Collaborating with Business Control Team, Compliance, Legal, Audit, Technology and Cyber teams to form a holistic view of business risks
Providing proactive, insightful analysis and interpretation of operational and technology risks to the First Line based on robust knowledge of the business and a deep and broad external market view on current best practice
Supporting oversight and ensuring that Third party risks are actively managed in line with risk appetite, Supporting oversight of continued refinement and/or development of appropriate controls and ensuring thorough and timely resolution of issues
Supporting and challenging the First Line using superior influencing and negotiating skills to identify, assess and control emerging risks prior to material P&L impact
Supporting in various targeted risk assessments and support in identification of issues
Supporting execution of remediation plans and regulatory commitments as applicable
Experience
2+ years of relevant experience in Operational risk and Technology risk with an understanding of financial services industry
Familiarity with financial services regulatory framework and industry best practices such as ORX standards, BCBS principles, NIST 800-53, etc. would be a plus
Attention to detail and quality deliverables
Understanding of internal control framework principles
Self-motivated and ability to manage competing priorities in a complex and dynamic environment.
Effective communication and interpersonal skills
Education
Bachelor's degree in Business, or related field
Advanced proficiency in GRC tool - Archer and Excel, MS Office, and related analytical software with Tableau a plus
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
Salary Range: $65,000 - $102,500 Annual The 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.
