Business Technology Risk Advisor

Who We Are Looking For

State Street Global Technology Services (GTS) is seeking an experienced Business Technology Risk Advisor – Vice President to support leadership in identifying, assessing, and mitigating technology risk. The ideal candidate will have a strong understanding of industry methodologies for evaluating and improving processes, tools, and data frameworks, with relevant technology experience. This individual will contribute to reviewing procedures and implementing improvements, demonstrating effective leadership and collaboration skills to deliver results.

Why This Role Matters

Our technology division, Global Technology Services (GTS), is a key enabler for State Street, supporting our business with essential data and insights. As we drive digital transformation through technologies like cloud computing, artificial intelligence, automation, and advanced data management, we need talented professionals to help us manage risk and deliver innovative solutions. The First Line Risk and Control (FLRC) function partners with technology business lines and CIOs, acting as an independent advisor within the first line of defense. This role is part of the global FLRC team. Join us if you are a risk manager eager to expand your technical skills, address real-world challenges, and make a meaningful impact in the industry.

Organizational Structure & Reporting

Each major technology function is supported by a Business Technology Risk Advisor – Managing Director (MD), who is directly aligned to a specific CIO function. The MD-level advisor acts as the senior risk partner for their respective CIO area, providing strategic oversight and guidance on risk management activities. The Vice President (VP) roles will report into one of these MD-level Business Technology Risk Advisors. As a VP, you will work closely with your aligned MD and CIO function, ensuring that risk management practices are consistently applied and that business objectives are supported by robust risk controls.

What you will be responsible for

• Support the development and implementation of process enhancements aligned with business objectives

•Own regulatory remediations within the area supported; support SME’s with closure documents and approach to closure.
• Assist in planning and executing projects aimed at risk reduction
• Apply re-engineering techniques to improve process efficiency, product quality, and data governance
• Collaborate on metrics development and use data to drive performance improvements
• Partner with second and third lines of defence to ensure alignment with risk management and control goals
• Implement and oversee data management and governance frameworks to ensure data quality, integrity, and compliance

Core Competencies

• Solid expertise in risk management
• Ability to partner with Technology leaders as a trusted advisor
• Experience in process optimization initiatives
• Understanding of regulatory remediation
• Strong verbal and written communication skills
• Ability to operate effectively in a dynamic, fast-paced environment
• Critical thinking, problem-solving, and decision-making skills to anticipate business, regulatory, and technological risk exposures
• Ability to articulate risk and control considerations to management
• Strong execution and program management skills
• Collaborative approach with the ability to engage multiple stakeholders
• Competence in managing tasks through effective prioritization
• Ability to assess and mitigate risks associated with enterprise data assets, including data privacy, integrity, and compliance with internal and external standards

What we value

These skills will help you succeed in this role

• Understanding of SDLC methodologies including Agile, Waterfall, and DevOps
• Experience in managing and mitigating risks throughout the SDLC
• Ability to conduct risk assessments and audits during SDLC phases
• Knowledge of network architecture and infrastructure components
• Experience with cloud platforms such as AWS, Azure, or Google Cloud
• Ability to identify and address infrastructure security and performance risks
• Understanding of cybersecurity principles and practices
• Experience with risk management tools and software
• Analytical skills to interpret technical and data-related information and recognize potential risks
• Experience supporting Operational Resilience Remediation and oversight
• Experience with data management and governance frameworks including implementation of data quality controls, metadata management, and data lifecycle policies

Emerging Technology Risk

• Demonstrated understanding of emerging risks associated with generative AI (Gen AI) and agentic AI, including:
  - Awareness of potential threats such as data leakage, model bias, autonomous decision-making, and regulatory compliance challenges
  - Ability to assess, monitor, and advise on controls for AI-driven systems and processes
  - Staying current with industry trends, frameworks, and best practices for managing AI-related and data-related risks
  - Understanding of data frameworks in the context of AI and cloud technologies, ensuring robust data governance and risk controls for advanced analytics and machine learning initiatives

Preferred Risk / Technology Management Toolsie

• RSA Archer
• ServiceNow ITSM

Technology Risk Frameworks

• Knowledge of COBIT for IT governance and management
• Familiarity with NIST frameworks for cybersecurity and risk management
• Understanding of ITIL for IT service management and risk mitigation
• Experience with data management and governance frameworks.

Education & Preferred Qualifications

• Bachelor’s degree in Computer Science, Information Technology, IT Security, Risk Management, or related discipline required
• Advanced degree preferred
• Minimum of 10 years’ experience in risk management, auditing standards, and best practices, with at least 5 years in a leadership or advisory capacity

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, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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