Vice President, Risk Controls Self Assessment

Role Summary:

State Street Corporation is seeking an energetic, detail oriented, and analytical Risk and Control Self-Assessment specialist to join its Operational Risk Identification & Assessment Team.  This role will report to the Head of Operational Risk Identification & Assessment and will partner with key business stakeholders and other risk program owners.

This role will assist in the design and implementation of an enhanced RCSA Program across State Street Corporation and will be responsible for providing effective challenge of the enterprise results as well as compliance with policy.  The candidate will be responsible for developing and maintaining core taxonomies among other framework elements.

The ideal candidate will have functional knowledge of applicable best practices and regulatory expectations for an integrated Risk and Control Self-Assessment Program, Internal Control Frameworks and ORM systems of record (Archer - GRC Platform), firmwide program implementation.

The role is global in nature and will require excellent communication, negotiation and partnership skills in order to influence a wide variety of stakeholders, including external regulators.

Key Responsibilities Include:

• Support the Head of Operational Risk Identification & Assessment in developing an enhanced Risk & Control Self-Assessment Program

• Implement and oversee the RCSA program, including the annual attestation, quality oversight, process management, enterprise control execution and related reporting.

• Manage RCSA policy, standards and procedures to ensure the RCSA program is executed in accordance with the ORM Policy & Framework

• Develop and maintain ORM taxonomies, tools and methodologies to support accurate and consistent assessments of the risk and control environment

• Establish and monitor KPIs to gauge the efficiency and effectiveness of the RCSA Program

• Review complex information and large data sets with the ability to simplify for effective communication and presentation to senior management

• Assist in the development of training, communication and awareness programs to drive effective RCSA adoption and promote a strong culture of risk management

• Collaborate with Compliance to drive an integrated RCSA

• Apply a structured methodology and lead change management activities associated with the RCSA (i.e. RAU changes, schedule changes, program methodology changes, etc); inclusive of maintaining relevant documentation, tracking and monitoring change activities and delivery of key management communications.

• Confidentially raise issues, escalate early and engage in constructive credible challenge of both 1st and 2nd Lines of Defense in their execution of the RCSA

Qualifications:

• 7+ years of direct experience with developing / managing Risk & Control Self Assessments for financial institutions

• 7+ years experience with GRC Tools (ex. Archer)

• Highly proficient in Microsoft Office (Word, Excel, PowerPoint, Visio)

• Strong presentation and facilitation skills

• Ambassador of change

• Excellent verbal and written communication skills, with the ability to influence and catalyze decisions from senior management

• Strong problem-solving and analytical skills

• Ability to present complex issues clearly and simply

• Familiarity with BI tooling

• Ability to quickly analyze the status quo and identify opportunities for continuous improvement or re-engineering.

• Bachelors degree

Salary Range:

$110,000 - $185,000 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.