At a Glance
- Tasks: Lead change risk management initiatives and collaborate with cross-functional teams.
- Company: State Street Corporation, a global leader in financial services for institutional investors.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Join a fast-paced team that values independent decision-making and innovative thinking.
- Why this job: Shape the future of risk management and make a real impact in a dynamic industry.
- Qualifications: 6+ years in risk management; strong analytical and problem-solving skills required.
The predicted salary is between 80000 - 100000 £ per year.
State Street Corporation (NYSE: STT) is the world’s leading provider of financial services to institutional investors, offering custody, administration, trading, and risk management solutions.
Why this role is important to us
The Enterprise Risk Management (ERM) department identifies, analyzes, and manages risk at both corporate and business‑unit levels. Strategic Risk focuses on managing risks arising from the company’s strategy, change programs, M&A, and new product development. This role supports the development of change‑risk management capabilities and helps shape the emerging Strategic Risk practice.
Responsibilities
- Collaborate within the group and with cross‑functional teams to establish new practices for change risk and further develop existing areas.
- Provide oversight across the enterprise change portfolio and integrate change risks into management reporting and dashboards.
- Support the development of new risk‑assessment and measurement methodologies and frameworks.
- Manage prioritization of key activities, project plans, and related remediation work.
- Produce senior‑management level updates and presentation materials for the Chief Risk Officer, senior management, and board‑level risk committees.
- Provide a strategic perspective while ensuring high‑quality, accurate deliverables.
Qualifications and Skills
- 6+ years of financial services experience in risk management, transformation, or change‑related roles within first or second lines of defense.
- Proven ability to design and implement risk‑management programs, including policies, standards, governance routines, and reporting mechanisms.
- Risk or project‑management certifications (e.g., PMP, FRM, PRINCE2) are a plus.
- Independent, strategic thinker comfortable operating in ambiguity and making judgment‑based decisions with limited guidance.
- Advanced problem‑solving and critical‑thinking skills with the ability to assess emerging risks and propose pragmatic solutions.
- Strong analytical and quantitative skills with the ability to identify and develop solutions in nascent or emerging areas.
- Experience operating in a fast‑paced, regulated environment within an evolving risk discipline.
- Background in creating effective presentations on key initiatives.
- Project‑management skills and coordination with stakeholders across the organization.
- Bachelor’s degree required; Master’s degree preferred.
What we value
- Demonstrable track record of independent decision‑making and strong written and oral communication.
- Ability to distil complex or ambiguous concepts into actionable frameworks.
- Strong organizational skills and the ability to manage multiple assignments concurrently.
- High energy and strong motivation to add value to the organization.
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, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Change Risk Management, VP employer: State Street Corporation
State Street Corporation is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation in the financial services sector. With a strong commitment to employee growth, we provide extensive training and development opportunities, ensuring our team members are equipped to excel in their roles. Located in a vibrant area, our culture promotes inclusivity and values diverse perspectives, making it a rewarding place for professionals seeking to make a meaningful impact in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Change Risk Management, VP
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like State Street Corporation looking for candidates who are engaged and informed.
We think you need these skills to ace Change Risk Management, VP
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at State Street Corporation. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at State Street Corporation
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with State Street Corporation’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
