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Full-Time

Vice President

Resiliency Exercise Planning

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$100k - $160kAnnually

Expert

Company Provides H1B Sponsorship

Boston, MA, USA

Category
Management Consulting
Consulting
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • Business continuity certifications such as CBCP, MBCP, or MBCI
  • Exceptional expertise and substantial experience (10+ years) in planning, designing, and leading resiliency exercises for an executive audience at large corporate, multinational financial institutions (preferably G-SIFIs), with a focus on severe but plausible scenarios, including: loss of vendor/counterparty, IT disaster recovery events, cyber incidents, geopolitical tensions, and pandemics, ensuring crisis response strategy and procedures become 'muscle memory', and are seamlessly integrated across the bank.
  • Executive presence - comfortable, confident and effective in interacting with all levels of senior and executive leadership, as well as industry regulators.
  • Extensive knowledge around the operation of key international financial systems, an understanding of the current threat landscape, operational resilience and international regulatory considerations, and systemic risk scenarios.
  • Outstanding organizational skills required to manage multiple, complex projects collaboratively with a diverse set of stakeholders, subject matter experts, and senior leaders, effectively building requirements and executing against objectives and key results.
  • Exceptional writing skills, communication abilities, and expert-level proficiency in producing exercise decks in PowerPoint, and writing detailed after-action reviews. A background in metrics development, risk analysis & visualization is a plus.
  • Preference for tactical experience in facilitating crisis response calls at the executive level, business continuity, disaster recovery, and playbook creation.
Responsibilities
  • Spearhead comprehensive end-to-end planning, design, execution, and evaluation of both internal and external resiliency exercises, ensuring alignment to State Street’s operational resilience standards, impact tolerances, and global regulatory frameworks.
  • Collaborate with key stakeholders throughout the bank to create customized, detailed, scenario-based exercises that meet specific objectives for all-hazards incident and crisis response, with a focus on severe but plausible threats that impact business, technology, and cyber resilience.
  • Conduct thorough post-exercise analysis, synthesize corrective actions, manage tracking and monitoring of progress, and plan future simulations to confirm the efficacy of implemented improvements.
  • Manage all aspects of exercise project management across the engagement lifecycle, including scheduling exercises, booking venues, leading discussions with executive leadership, and updating senior leaders on project progress.
  • Serve as a crisis manager when required, facilitating crisis management calls, publishing situation reports, and conducting after incident reviews.
  • Maintain departmental policies, standards, procedures, and control portfolio.

State Street Corporation provides asset management and custody banking services to institutional investors, including mutual funds and pension funds. Its division, State Street Global Advisors, manages investment portfolios and offers advisory services tailored to clients' financial goals. The company distinguishes itself through its commitment to innovation and promoting diversity and inclusion within its workforce. State Street aims to deliver high-quality financial services while fostering a supportive and inclusive culture.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
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Simplify's Take

What believers are saying

  • State Street's strategic acquisitions, such as stakes in BWP Trust and Australian Clinical Labs, indicate robust growth and expansion opportunities.
  • The company's exploration of blockchain-based payment solutions, including stablecoin and token launches, positions it at the forefront of financial technology innovation.
  • State Street's strong leadership team, with recent high-profile appointments, underscores its commitment to maintaining a competitive edge in the industry.

What critics are saying

  • The competitive nature of the financial services industry requires State Street to continuously innovate to maintain its market position.
  • Regulatory challenges and compliance issues, especially with new ventures like stablecoin and token launches, could pose significant risks.

What makes State Street unique

  • State Street's focus on institutional investors, including mutual funds and pension funds, sets it apart from competitors who may target a broader audience.
  • The company's commitment to innovation, such as exploring stablecoin and token launches, demonstrates its forward-thinking approach in the financial services industry.
  • State Street's emphasis on diversity and inclusion, highlighted by initiatives like WomenInFinance, distinguishes it as a leader in fostering a supportive and inclusive workplace.

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