At a Glance
- Tasks: Lead non-financial risk management strategies and frameworks across global services.
- Company: Join State Street, a leader in financial services with a commitment to innovation.
- Benefits: Enjoy flexible work-life support, paid volunteer days, and inclusive development opportunities.
- Other info: Diverse backgrounds are welcomed; we value innovation and teamwork.
- Why this job: Shape the future of risk management while making a real impact in a dynamic environment.
- Qualifications: 15+ years in non-financial risk management with strong leadership and analytical skills.
The predicted salary is between 57704 - 70528 £ per year.
The Senior Vice President, Head of Non-Financial Risk Management is a senior leader responsible for developing, implementing and overseeing the global framework for Non-Financial Risks (including Compliance and Operational Risk) across State Street's Global Delivery and Investment Services businesses. Reporting to the Chief Compliance and Operational Risk Officer (CCORO), this role ensures that risk management strategies, governance, and practices proactively identify, assess, mitigate and report on non-financial risk exposures, supporting business objectives and regulatory requirements.
Key Responsibilities
- Strategic Leadership
- Develop and maintain the non-financial risk management framework for Global Delivery and Investment Services, ensuring alignment with enterprise-wide policies and regulatory obligations.
- Advise and consult with business and enterprise leaders on risk-related events, root cause analysis and remediation strategies.
- Serve as a subject matter expert and trusted advisor to senior management, business partners, and governance committees.
- Risk Oversight & Advisory
- Provide independent oversight and challenge to First-Line risk management activities within Global Delivery and Investment Services.
- Lead risk identification, assessment and reporting processes, including scenario analysis, loss event management, and lessons learned.
- Oversee compliance with applicable laws, regulations and internal policies for non-financial risks.
- Governance & Reporting
- Chair or participate in relevant risk and compliance committees, ensuring effective escalation and review of risk issues.
- Prepare and present periodic risk and compliance reports to senior management, regulators, and the Board.
- Oversee regulatory change management and ensure timely updates to controls and processes to adhere to new and evolving laws, regulations, regulatory guidance, and industry standards.
- Collaboration & Stakeholder Engagement
- Build and maintain effective relationships with business and corporate executives, including Legal and Corporate Audit, and global regulatory authorities.
- Foster a strong risk excellence culture, ensuring business line ownership and accountability for non-financial risks.
- Team Leadership
- Lead, manage, and develop a high-performing and diverse team of risk professionals across multiple jurisdictions.
- Set clear objectives, accountabilities, and performance priorities for the team.
Qualification & Skills include
- Minimum 15 years of experience in non-financial risk management, compliance or operational risk in financial services, with executive leadership experience; experience with GSIBs or large, complex financial institutions is a plus.
- Demonstrated experience with global regulatory requirements and direct engagement with regulators, including remediation activities.
- Deep expertise in non-financial risk management (compliance, operational risk, technology, model, resiliency, data, third-party) with a global financial services environment.
- Strong analytical, problem-solving, and communication skills, with the ability to influence and build consensus at all levels.
- Proven ability to manage multiple priorities in a high-pressure, deadline-driven environment.
- Experience leading risk management frameworks and teams in a multi-jurisdictional, regulated setting.
- Demonstrated success in regulatory engagement and managing regulatory exams.
- Bachelor's degree required; post-graduate education, with a Master's, Law, or PhD degree is 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
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status.
SVP, Head of Non-Financial Risk Management, Global Delivery and Investment Services in London employer: State Street Corp
State Street Corp is an exceptional employer that fosters a collaborative and innovative work culture, empowering employees to thrive in their roles. With a strong focus on professional development and growth opportunities, particularly in the dynamic field of client relationship management, employees can expect to engage with industry leaders while enjoying a supportive environment that values strategic thinking and proactive engagement. Located in a vibrant area, State Street offers unique advantages such as flexible working arrangements and a commitment to employee well-being, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land SVP, Head of Non-Financial Risk Management, Global Delivery and Investment Services in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like State Street Corp. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace SVP, Head of Non-Financial Risk Management, Global Delivery and Investment Services in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to State Street Corp.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on State Street Corp's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at State Street Corp
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with State Street Corp.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at State Street Corp will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former State Street Corp employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
