Alpha Platform Business Risk Management, Assistant Vice President

State Street; United Kingdom; Hybrid; GBP 80,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Retirement savings plans

Flexible work programs

Professional development offerings

Job summary

State Street seeks an experienced risk manager to join the Business Risk Management team. You will identify and assess risks across business and technology processes, and advise on risk and control design during new tech implementations.

You will support risk programs and governance, coordinate reviews, and promote a culture of accountability. The role emphasizes collaboration across 2nd line, internal audits and regulatory examinations, with a focus on continuous improvement of the BRM

Qualifications

• Experience in risk management within large organizations or G-SIFI contexts.
• Ability to assess risks and controls across business and technology processes.
• Experience with risk reviews, risk reporting, governance activities, and regulatory examinations.
• Knowledge of first, second and third lines of defense.

Responsibilities

• Identify and assess risks and controls across business and technology processes.
• Evaluate control design and operating effectiveness through periodic reviews.
• Draft remediation plans and monitor progress to closure.
• Advise on risk and control design with new technologies and processes.
• Support risk programs, risk reviews and governance activities.
• Coordinate for internal and external reviews including audits and examinations.
• Escalate violations and recommend corrective actions.
• Train colleagues in State Street methodologies and promote accountability.
• Contribute to continuous improvement of the Business Risk function.

Skills

Risk management

Technology risk

Audit

Regulatory awareness

Education

Bachelor's degree in information systems/computer science or related field

COSO/COBIT/NIST/ISO knowledge

Microsoft tools proficiency

CISA/CISM/CRISC/CISSP (preferred)

Tools

Archer platform

OpenPages

Tableau

SharePoint

Microsoft tools

Job description

Who We Are Looking For

Alpha Platform is seeking an experienced risk manager to join our Business Risk Management (BRM) team. This role operates in a fast‑paced and rapidly growing environment. Candidates with risk management experience—particularly from G‑SIFI organizations and/or large public accounting firms—combined with strong technology risk and audit expertise, will be well positioned for success.

Why This Role Matters

Effective risk management is essential to our organization. As a member of the BRM team, you will support the governance, oversight, and management of business risks in alignment with the firm’s risk excellence objectives.

Key Responsibilities

• Identify and assess risks and controls across business and technology processes.
• Evaluate control design and operating effectiveness through periodic process and control reviews.
• Self-identify and help the business identify control issues; analyze root causes; draft timely remediation plans; and monitor progress through closure.
• Advise on risk and control design, acting as a partner during the introduction of new technologies and business processes.
• Support key business risk programs, including risk reviews, risk reporting, governance activities, issue/incident management, and control monitoring.
• Coordinate and prepare for internal and external reviews, including 2nd line assessments, internal audits, and regulatory examinations.
• Escalate potential violations of rules, regulations, policies, or procedures and recommend appropriate actions.
• Coordinate stakeholders to effectively execute the responsibilities outlined above.
• Train colleagues in State Street methodologies and promote a culture of accountability and ownership across all levels of the organization.
• Contribute to the continuous improvement of the Business Risk function.

What We Value

• Ability to manage complexity and effectively prioritize multiple tasks in non‑routine environments.
• Curiosity and willingness to learn new technologies and processes.
• Strong analytical, interpersonal, and organizational abilities.
• Understanding of first, second, and third lines of defense.
• Demonstrated leadership skills.
• Collaboration, influence, and project management capability.
• Critical thinking and intellectual curiosity.
• Initiative, ownership, and energy.
• A team-oriented mindset and respect for others.

Education & Preferred Qualifications

• Bachelor’s degree in information systems, computer science, or a related field.
• Proficiency in risk management.
• Knowledge of industry risk and control frameworks (e.g., COSO, COBIT, NIST, ISO).
• Experience with Microsoft tools, Archer platform, Open Pages, Tableau, and SharePoint.
• Preferred certifications: CISA, CISM, CRISC, CISSP.

Who We Are

• Alpha Platform designs, builds, and operates technology platforms and harmonizes data across the end‑to‑end investment management lifecycle. As part of State Street—a Global Systemically Important Financial Institution (G‑SIFI) and one of the world’s largest custodian banks—we play a vital role in the global financial ecosystem. For over two centuries, we have helped clients safeguard and steward the investments of millions.
• We prioritize creating a supportive and engaging work environment. Our competitive and comprehensive benefits include health insurance, retirement savings plans, flexible work programs, and robust professional development offerings.
• We value diversity in backgrounds, experiences, and perspectives. We welcome candidates of all identities and strive to cultivate an inclusive environment where everyone can reach their full potential. State Street also emphasizes community engagement through volunteer opportunities, matching gift programs, and access to employee networks.
• State Street is an equal opportunity and affirmative action employer.

About State Street

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investments research & trading and investment management to institutional clients.

Work, Live and Grow.

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity, and Social Responsibility.

We truly believe our employees' diverse backgrounds, experience and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Company: Charles River Development

Discover more at www.StateStreet.com/careers

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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