State Street

Global Head of Conduct Risk & Corporate Compliance Governance, Managing Director,

State Street
Boston, Massachusetts
Not disclosed
20 May 2024
03 Jun 2024
Approved employers
Approved employer
Contract type
Full time
Experience level

Who we are looking for

The Global Head of Conduct Risk and Corporate Compliance Governance will lead a global team of subject matter experts to assess and manage risks associated with conflicts of interest, insider trading, personal securities trading, whistleblower, and remuneration. Additionally, the leader will be responsible for serving as the corporate secretary for the Business Conduct & Compliance Committee and overseeing the production and submission of compliance materials that are provided to the Board of Directors. As a member of the Compliance Senior Leadership Team, you will partner, both directly with Senior Compliance Officers, First Line of Defense partners, Legal, Global Human Resources and Internal Audit business partners for the purposes of ensuring the effective management of conduct risk and compliance governance processes.

The role can be performed in a hybrid model, where you can balance work from home and office (four days onsite and one day remote) in Boston, MA.

What you will be responsible for:

As the Global Head of Conduct Risk & Corporate Compliance Governance you will

  • Continue to improve and build upon a strong conduct compliance program that keeps pace with applicable regulatory obligations and internal requirements
  • Manage a global team of approximately 12 professionals built on a foundation of teamwork, integrity, cognitive diversity and managing the global conduct risk management team
  • Provide independent risk oversight and challenge
  • Maintain a detailed understanding of relevant industry developments and best practices with respect to Conduct (e.g., Ethics in Artificial Intelligence)
  • Monitor and enforce compliance with relevant regulations, including administration of consequences for breaches of the Standard of Conduct and related policies (e.g., Global Personal Investment Policy, SSGA Code of Conduct, Conflict of Interest Policy, and Outside Activity Policy)
  • Provide proactive, insightful analysis and interpretation of conduct risks to the First and Second Lines of Defense
  • Oversee and actively manage conduct risks in line with risk appetite as well as the continued refinement and/or development of appropriate internal controls and drive thorough the timely resolution of issues
  • Own all aspects of monitoring software vendor relationship, including third party risk management compliance, privacy and information security risk management compliance and system operations
  • In consultation with Chief Compliance Officer and General Counsel, develop and execute an operating plan for the Business Conduct and Compliance Committee to enable the Committee to effectively and efficiently fulfill its governance responsibilities
  • Participate in executive level governance committees and working groups, including the Incentive Compensation Control Committee and Conduct Standards Committee Working Group driving Conduct Risk Management to help decision matters or prepare for escalation
  • Collaborate on executive level Compliance materials and briefings for Senior Management and the Board of Directors in support of Federal Reserve SR 08-8 requirements, inclusive of periodic Compliance Risk Opinions, Annual State of Compliance Reporting and Annual Compliance Strategic Plan
  • Design and implement remediation plans and regulatory commitments, as applicable

What we value

These skills will help you succeed in this role

  • Ability to manage multiple simultaneous tasks in a high pressure, deadline-driven environment
  • Strong abilities in analytical thinking, problem solving, research, time management, and verbal and written communication
  • Qualified to collaborate with individuals across business units/lines
  • Ability to take ownership and initiative, to negotiate, influence and build consensus and successfully navigate within a demanding and international environment of a leading global financial institution

Education & Preferred Qualifications:

  • Minimum of15 years of senior management experience in financial services or related fields with a proven track record for achieving excellence and delivering enterprise-wide initiatives
  • Experience across Compliance, Risk Management and / or Audit roles that require the management of diverse risk types including conduct risk
  • Detail oriented with a demonstrated ability to independently manage and prioritize transformational activities to keep pace with management and regulatory expectations
  • Strategic thinker with a demonstrated ability to distill complex, ambiguous information to create effective solutions and insights for leaders
  • Equivalent to a university degree in finance, business, accounting or related field
  • Proven interpersonal and communication skills the executive level
  • Highly organized with extensive analytical, problem-solving and influence skills

What we offer

Wide range of benefits, including:

  • Medical
  • Prescription Drug
  • Health Savings Account (HSA)
  • Flexible Spending Accounts (FSAs)
  • Dental
  • Vision
  • Employee-Paid Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Employee-Paid Long-Term Disability
  • Critical Illness Insurance
  • Accident Insurance & Hospital Indemnity Insurance
  • Business Travel Accident Insurance
  • Short-Term Disability
  • Identity Theft Protection
  • Legal Benefits
  • BeWell Programme
  • Paid Time Off
  • Employee Assistance Program (EAP)
  • Salary Savings Program (SSP)

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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:

$170,000 - $267,500 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.

For further information, and to apply, please visit our website via the “Apply” button below.

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