Head of Change Agency, Vice President

Who we are looking for

An experienced professional to join the team as Vice President and Head of Change Agency, with a Credit and Counterparty Risk focus based in the US. This role is part of the Global Risk Operations Group within Enterprise Risk Management's Financial Risk Organization.

The goal of ERM is to ensure that State Street's risks are proactively identified, well-understood, and prudently managed in support of our business strategy. As such, ERM provides risk oversight, support, and coordination to ensure consistent identification, measurement and management of all risks arising from the provision of products and services to our clients.

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 Head of Change Agency you will:

• Lead the Change Agency Team, responsible for various components of the system development and enhancement life cycle in relation to Credit and Counterparty technology.
• Coordinate relevant change requirements and implementation to account for New Products and changes to existing products within Financial Risk.
• Serve as the primary contact for Financial Risk colleagues, Information Technology, Functions, and Business representatives for all matters related to Credit and Counterparty Risk technology requirements.
• Lead the team of business analysts in developing requirements for ongoing change.
• Ensure a controlled testing and delivery environment in regards to risk system updates and releases.
• Manage implementation plans and priorities, including related risks and dependencies, and proactively address any roadblocks as necessary.
• Develop expertise in the Financial Risk technology infrastructure and partner with IT to develop an appropriate strategic roadmap for Credit and Counterparty technology to support overall risk oversite, including feedback into appropriate ongoing Data strategy.
• Maintain appropriate roadmap of change enhancements, and coordinate priorities with Risk Managers.
• Oversee the prioritization of workload within the team and drive staff development.
• Act as Business SME for the suite of Credit related systems, representing the user community needs and requirements.
• Recommend and drive enhancements to existing business processes, ensuring all internal policies and guidelines are fully accounted for.
• Manage multiple stakeholders across different organizational lines and manage strong execution against an evolving environment with competing priorities

What we value

These skills will help you succeed in this role:

• Strong understanding of Risk Technology and Data, coupled with an understanding of Credit Officer and Risk Manager business processes.
• The ability to recommend improvements on existing risk oversight processes.
• Strong communication skills working and coordinating across multiple teams and constituencies.
• Excellent influencing skills and the ability to liaise with multiple stakeholders at all levels, both internally and externally.
• Strong understanding of information technology to enhance risk processes and architecture
• Process improvement and BAU efficiency expertise
• Energetic/motivator: an enthusiastic individual with proven leadership skills and an ability to motivate a diverse, multi-level workforce and instill a sense of urgency on a range of evolving goals and objectives.
• Organizational strengths: an ability to organize resources, processes and priorities to ensure business needs are met in a coordinated, responsive and timely manner, with minimal direction
• Confidence: a self-assured, experienced and knowledgeable individual able to quickly garner support for his/her views based on informed, well-presented direction or analysis.
• Communicator: clear, confident, self-assured communication style, coupled with an ability to react and adapt to various audiences and environments without diluting effectiveness.

Education & Preferred Qualifications

• 7+ years of relevant experience in a Credit Risk Function in a financial institution
• Demonstrated experiences in technological change implementation
• Demonstrated understanding of Risk Oversight business processes.
• Deep understanding of Financial Risk and relevant underlying data
• Bachelor degree required, Master degree in Finance or Economics 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:
$130.000 - $205.000 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.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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