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State Street

Holds assets for institutions and runs index funds

Technology & Cyber Risk Vice President - Wealth Services

Security Governance, Risk & ComplianceUpdated on Nov 11
Full-timeBoston, MA, USAIn-person

About the Job

Requirements

  • More than 10 years of progressive experience in Technology Risk, Cybersecurity Risk, Technology Audit, or a related risk and control function, ideally in financial services or another highly regulated environment.
  • Experience identifying, assessing, monitoring, challenging, and reporting technology and cybersecurity risks.
  • Strong practical knowledge of Technology Risk and Cybersecurity Risk in a regulated financial-services environment.
  • Strong knowledge of technology and operational resilience, including assessing risks associated with technology environments and critical business services.
  • Working knowledge of IT General Controls, cybersecurity controls, risk assessments, issue management, and control frameworks; direct control-testing experience is not required.
  • Experience applying recognized technology and cybersecurity frameworks such as NIST, ISO 27000, COBIT, CSA Cloud Controls Matrix, ITIL, or comparable standards.
  • Experience developing and presenting technology and cybersecurity risk reporting to senior management, governance committees, or boards.
  • Experience operating independently as a hands-on risk professional and serving as a primary point of contact for business, technology, cybersecurity, and risk stakeholders.
  • Ability to translate complex technical risks into clear business, operational, and risk implications for nontechnical stakeholders.
  • Strong communication, negotiation, presentation, judgment, and stakeholder-management skills.
  • An undergraduate degree in technology, information security, risk management, business, or a related discipline, or equivalent relevant professional experience.
  • Ability to independently manage complex risk activities, communicate effectively with senior stakeholders, and translate technical issues into clear business and risk implications.
  • Understanding of first- and second-line risk functions and the importance of independent, constructive challenge.
  • Ability to prioritize and escalate significant risks appropriately and maintain productive stakeholder relationships while providing effective challenge.
  • Experience working across global teams and diverse business environments.

Responsibilities

  • Serve as the primary Enterprise Technology Risk Management point of contact for Wealth Services and its Risk Management team.
  • Coordinate and manage technology and cybersecurity risk oversight activities across Wealth Services.
  • Provide independent review and effective challenge of technology, cybersecurity, and resilience risks.
  • Conduct or oversee technology risk assessments, material risk identification, real-time risk oversight, issue monitoring, and risk reporting.
  • Evaluate technology and cybersecurity risks arising from control gaps, control weaknesses, technology changes, and evolving business activities.
  • Assess the use and effectiveness of IT General Controls and cybersecurity controls without necessarily performing detailed control testing.
  • Monitor technology risk exposure and establish appropriate escalation and reporting channels.
  • Prepare clear, timely technology and cybersecurity risk reporting for senior management, governance committees, and boards, as appropriate.
  • Partner with first-line Technology Risk, Cybersecurity, business, and technology teams to support timely identification and management of risk.
  • Collaborate with Enterprise Technology Risk Management and Enterprise Risk Management professionals to align with broader operational and enterprise risk programs.
  • Monitor emerging technology, cybersecurity, resilience, and regulatory risks affecting Wealth Management businesses.
  • Support regulatory examinations, audits, client engagements, and remediation activities as needed.
  • Provide risk guidance related to new products, technology initiatives, platforms, vendors, clients, or transactions.
  • Promote a culture of risk awareness, constructive challenge, and accountability.

Desired Qualifications

  • Experience supporting Wealth Management; candidates with significant Technology or Cyber Risk experience supporting other complex financial-services businesses are also considered.
  • Experience supporting regulatory examinations, regulatory responses, internal audits, or remediation initiatives.
  • Knowledge of AI adoption, AI governance, or AI risk management.
  • Experience with third-party or vendor risk assessments or M&A technology-risk due diligence.
  • Experience with GRC platforms, risk-data analytics, Tableau, or Power BI.
  • Professional certifications such as CISA, CISM, CISSP, CRISC, CGEIT, CCSP, COBIT, or ITIL.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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