State Street Corporation

Business Risk Manager, Assistant Vice President

State Street Corporation$80K — $140K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • MBA required
  • 8+ years of operational or IT experience
  • PMO or Project Management certification needed
  • Strong client engagement capabilities
  • Hands-on operational experience

Responsibilities

  • Translate complex client needs into actionable IT delivery plans
  • Lead complex programs with governance and accountability
  • Collaborate with IT to refine execution plans and challenge scope
  • Deliver solutions aligned to high client expectations
  • Engage with senior leaders to manage risks and recommend trade-offs

Benefits

  • 401K retirement savings plan with company match
  • Comprehensive insurance coverage (life, medical, dental, vision)
  • Paid time off for vacation and family care
  • Employee Assistance Program access
  • Eligibility for annual performance-based awards
Full Job Description
Global Delivery Business Risk Management (GD BRM) is seeking a motivated and detail-orientated AVP to support risk and controls oversight of the Middle Office function and the location. This role is ideal for someone with strong experience in operations, risk management, internal controls or audit, who is looking to grow their career in a dynamic and collaborative environment. The successful candidate will contribute to the first line of defense (FLOD) by assisting in the identification, assessment, and mitigation of operational risks and get involved in the execution of business risk programs.

Having robust and effective risk management is integral to Global Delivery. This role contributes to the identification, escalation, and mitigation of non-financial risks, supports the enhancement of control environments, and helps ensure alignment with regulatory expectations. As part of the GD BRM Business-Aligned Team, the AVP supports the business by providing guidance on risk-related matters, assisting with accurate risk representation and escalation, and collaborating with central BRM teams to help deliver effective risk governance and maintain alignment with corporate policies.

What you will be responsible for
  • Support risk oversight activities for Middle Office function and the location, including the identification and assessment of risks and controls within operations processes.
  • Advise the business on risks and control design and assist in the execution of key business risk programs and initiatives aimed at reducing non-financial risks and improving implementation processes.
  • Collaborate with senior team members and stakeholders to escalate issues and recommend practical solutions to mitigate risks.
  • Support preparation and facilitation of risk governance forums, including reporting, data gathering, and coordination of responses.
  • Participate in incident and issue management review processes, including risk and controls analysis, root cause diagnosis, documentation and follow-up actions.
  • Work with the business to ensure adherence to State Street policies, standards and procedures, and support alignment with second and third line of defense teams.
  • Provide support during regulatory reviews and internal audits, including data gathering and response coordination.


What we value

These skills will help you succeed in this role:
  • Strong written and verbal communication skills, with the ability to summarize risk themes and present findings clearly.
  • A proactive mindset focused on challenging the status quo and encouraging continuous improvement across risk and control environments.
  • Analytical thinking with high attention to detail and a solutions-oriented approach to problem-solving.
  • Ability to manage multiple priorities and deliver results in a fast-paced, dynamic environment.
  • Collaborative team player who builds trust and works effectively across functions and geographies.
  • Demonstrates curiosity, critical thinking, and the ability to identify opportunities for innovation and enhanced business risk management practices.
  • Strong commitment to continuous development within the risk management discipline, actively seeking opportunities to deepen expertise and contribute strategic insights.

Education & Preferred Qualifications
  • Minimum of 8 years proven experience in financial services with strong understanding of risk management gained through direct experience or through roles in operations, internal controls, technology risk, assurance, audit, or compliance.
  • Bachelor's degree in Management, Accounting, Risk Management, or a related field preferable.


Salary Range:
$80,000 - $140,000 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.

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 https://hrportal.ehr.com/statestreet/Home.

About State Street Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ

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