Senior VP, AI-Driven Business Controls Transformation

State Street; Boston (MA); On-site; USD 225,000 - 338,000; Full time

Benefits offered by this job

401K with company match

Medical insurance

Paid time off

Employee Assistance Program

Job summary

State Street is seeking a Senior Managing Director/Senior Vice President to lead Business Risk and controls transformation, driving enterprise-wide improvements through AI, automation and standardization in a regulated environment.

This role partners with Compliance, Operational Risk, Internal Audit, Technology and business units; it spans Boston, New York or London and requires strong transformation leadership and the ability to influence senior stakeholders across global teams.

Qualifications

• 15+ years of experience in business controls, risk, audit, compliance, or transformation in a global financial institution.
• Demonstrated experience leading enterprise-level control or risk transformation initiatives.
• Experience in using AI to enhance risk and control processes – ideation, scoping, testing and execution
• Advanced degree or relevant professional certifications (e.g., CRCM, CIA, CISA, CRMA) preferred.
• Strong proficiency in program governance, management reporting, and control analytics.

Responsibilities

• Lead the controls transformation program, focusing on modernization, simplification, and control automation. Design and track measures of success
• Spearhead AI transformation efforts for business risk and control - partnering with second line and technology partners to reduce manual efforts and create signals and insights
• Identify and prioritize opportunities where AI automation can materially improve accuracy, cycle time, resilience, and control effectiveness.
• Partner with the EVP to design and advance the business controls roadmap and execution plans
• Partner with integrated risk management tool team to design improvements to tools and practices
• Partner with Business Risk Managers to simplify and improve first line RCSA protocols and linkage to processes, enabled by AI where possible
• Collaborate with Compliance, Operational Risk Management, Internal Audit, Technology, and business units to ensure consistency in control design and regulatory alignment
• Build and manage governance routines including steering committees, transformation forums, and senior-level reporting.
• Develop and enhance enterprise control design standards, taxonomies, and documentation expectations.
• Identify control weaknesses, emerging risks, and opportunities to strengthen the control environment across business functions.
• Oversee cross-functional workstreams to deliver effective, timely control enhancements.Prepare and present executive-ready insights, materials, and updates for senior leadership and oversight forums.
• Enable strong first-line ownership of risk and controls by creating simplified guidance, frameworks, and tools that drive consistent execution.
• Foster a culture of collaboration, accountability, and risk excellence across Boston, London, and global teams.

Skills

risk management

business controls

regulatory expectations

AI transformation

stakeholder influence

Education

Advanced degree or certifications

Tools

Risk management tools

AI platforms

Job description

State Street is seeking a Senior Managing Director/Senior Vice President to lead Business Risk and controls transformation, driving enterprise-wide improvements through AI, automation and standardization in a regulated environment.

This role partners with Compliance, Operational Risk, Internal Audit, Technology and business units; it spans Boston, New York or London and requires strong transformation leadership and the ability to influence senior stakeholders across global teams.