Technology Risk, Assistant Vice President

State Street; Clifton (NJ); On-site; USD 90,000 - 143,000; Full time

Job summary

An established industry player is seeking a Technology Risk Assistant Vice President to enhance its risk management efforts. This role involves engaging with technology activities, leading risk assessments, and identifying gaps across technology controls. Candidates will leverage their expertise in IT architecture, cloud environments, and cybersecurity tools to support the company's digital transformation. With a commitment to diversity and inclusion, the firm offers a collaborative environment where employees can thrive. Join a team dedicated to innovation and excellence in financial services, and take your career to new heights.

Benefits

Generous medical care

Insurance and savings plans

Flexible Work Programs

Development programs

Educational support

Paid volunteer days

Matching gift programs

Employee networks

Qualifications

• 5+ years of experience with IT risk, audit, or technology operations.
• Strong understanding of IT architecture frameworks and emerging technologies.

Responsibilities

• Lead technology risk assessments and identify gaps in technology controls.
• Monitor gap remediation and provide transparency through status updates.
• Support control assurance and assist in driving maturity of assurance practices.

Skills

Risk Management

IT Architecture

Cloud environments (AWS, Azure, GCP, OCI)

Cybersecurity tools

Communication skills

Data analytics

IT frameworks (NIST, ISO, COBIT, ITIL)

Self-learning

Education

Bachelor’s degree in Computer Science/Information Systems

Professional designation (CISA, CISM, CISSP, CRISC)

Tools

Microsoft Office Suite

IT GRC platforms (Archer)

Job description

Who we are looking for

Our second line technology risk function is vital to State Street to ensure Information Technology risks and controls are well managed helping our business to deliver applications and services to our clients. We’re supporting the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence alongside best in class Information Technology Service Management. We are looking for experienced Risk Management and Controls Assurance resources to help maintain and mature our Technology Risk Management Programs.

What you will be responsible for

Primary Areas of Focus:

IT Architecture, Patch Management, Incident & Problem Management

As Technology Risk, Assistant Vice President you will:

• Engage with First Line technology activities and lead technology risk assessments
• Identify gaps across the technology taxonomy inclusive of policies, standards, processes, and controls
• Identify, document, communicate and identify ownership of gaps and risks
• Monitor gap remediations to closure, including advisory items
• Review and assess KRI metrics for appropriate coverage and validity
• Document and follow-through till closure of real time review and challenge executed in risk committees
• Validate assigned regulatory findings, select first line self-identified issues
• Identify efficiencies and strengthen the process and control environment
• Support control assurance to include design and operating effectiveness
• Assist in driving maturity of assurance practices through training, mentoring and collaborating
• Provide transparency into work progress through regular status updates
• Lead junior staff in designated risk management and compliance projects
• Learn new and complex environments, processes, and technologies
• Stay abreast of industry developments including but not limited to changes in regulations
• Coordinate or lead various ad-hoc requests, projects
• Develop overall technology / product / business unit knowledge of State Street Corporation

What we value

These skills will help you succeed in this role:

• Experience managing small to medium initiatives
• Experience with supporting various IT Architectures, Emerging technologies, Cloud environments (AWS, Azure, GCP, OCI), Cybersecurity tools
• Strong understanding of IT architecture frameworks
• Able to effectively balance multiple tasks
• Able to work both collaboratively and independently
• Aptitude for researching and identifying emerging technology risks including learning new and complex environments, processes, and technologies
• Excellent written and spoken communication & collaboration skills
• Self-learning and training to ensure skills and knowledge are in line with responsibilities
• Knowledge of IT frameworks such as NIST, ISO, COBIT, ITIL a plus
• Familiarity in Information Security Frameworks including the ISO 27000 family, NIST, Cloud CCM
• Knowledge of domains under ITIL (Information Technology Infrastructure Library) Practices
  • Technology Management (Software Development and Management, Infrastructure and Platform Management)
  • Service Management (Availability Management, Capacity and Performance Management, Change Management, Incident Management, IT Asset Management etc.)
• A strong understanding of Technology Risk Management to influence leaders on the need to embrace risk reduction initiatives and controls
• Proficient in Microsoft Office suite including data analytics in Excel and/or Access
• Experience with IT GRC platforms (Archer)

Education & Preferred Qualifications

• Bachelor’s degree in Computer Science/Information Systems, Risk Management or a related field, or equivalent experience
• A minimum of 5+ years of experience with IT risk, audit or technology operations
• Professional designation a plus (e.g. CISA, CISM, CISSP, CRISC)

About State Street

What we do. 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, investment 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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you 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, experiences and perspectives 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 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 programs 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.

Salary Range:

$90,000 - $142,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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