Enterprise Technology / IT Risk Manager, Assistant Vice President

Who we are looking for

The Enterprise Technology Risk Management (ETRM) department at State Street is responsible for the identification, analysis and management of technology risk at both the corporate-level, regional-level and in partnership with the business units in support of their activities. In this role, you will be part of ETRM for EMEA and support the legal entities in Europe in technology risk management. You will contribute to the development and implementation of the IT Risk Strategy, Governance model and framework in EMEA. The role will be based in Luxembourg but will require some travel within Europe. You will have a direct reporting line to the Head of ETRM EMEA.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Enterprise Technology Risk Manager you will:

• Drive effective implementation and communication of all Technology risk management policies and guidelines
• Establish required local policies and guidelines to meet regulatory requirements; communicate with regulators on the IT risk program as required
• Provide direction, support and oversight with respect to management of security and technology risks of core systems and applications
• Provide IT risk management consulting to the business, technical and operations groups
• Develop an understanding of the organizations strategy, critical success factors, risk profile and potential security or technology exposures
• Provide increased transparency and visibility to critical IT risks and prioritize remediation initiatives and related funding needs
• Proactively identify potential risk exposures within new technology solutions being designed and implemented, and partner with Technology and Application Development teams and Corporate Security groups to implement appropriate solutions to mitigate exposure
• Oversee risk and vulnerability assessments of the business systems and applications, and facilitate compliance/control reviews and associated remediation efforts
• Utilize available risk management tools in conjunction with other environmental changes to proactively monitor the Technology control environment and identify and address potential weaknesses and/or gaps in a timely manner
• Keep abreast of new products, services, technologies, and applications as well as their respective impact on the organization’s risk profile
• Participate in due diligence efforts for new clients, vendors and M&A activity as needed
• Assist business lines in implementing effective technology risk management best practices by developing and establishing continuous risk identification, measurement, management, control, and reporting
• Provide ongoing assessment of the Technology Risk Profile through regular status reporting of risk issues and initiatives
• Develop effective Technology risk reporting and other communication channels to ensure timely escalation of significant risk issues
• Serve as liaison with other Risk disciplines, internal departments, regulators, and other external parties
• Serve as a subject matter expert in technology risk, controls, compliance, and information security best practices

What we value

These skills will help you succeed in this role

• Experience in successfully working for an international organization
• Strong interpersonal, management, negotiation, and presentation skills

Education & Preferred Qualifications

• Successfully completed degree in technology; certification in Risk and Information Systems Control (CRISC) or other risk methodologies beneficial
• Several years of working experience in IT infrastructure, application development and/or security
• Experience working in IT or Risk Management (or in related consultancy/audit roles) for custody, accounting, investment research and trading or investment analytics
• Background in Financial Services information security and/or technology risk management
• Strong consulting background in IT/Information Security ideal
• Fluency in English, additional European languages beneficial

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.

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