Business Risk Management Alternatives, Managing Director

Who we are looking for

We are looking for a Business Risk Management Alternatives – Managing Director, Business Risk Management Alternatives, who will be part of the Global Delivery Business Risk Management Leadership Team and the Alternatives Functional Leadership Team.

Why this role is important to us

Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services toprivate equity,hedge funds and private credit funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements and is a focused growth area for State Street.

What you will be responsible for

Critical business priorities:

• Acting as a valued partner to the Alternatives Business in the identification, assessment, and mitigation of risk collaborating with the wider global GD BRM organization and GD Business

• Ensuring that the BRM framework. principles and methodologies for identifying, analyzing, monitoring and minimizing business risks are consistent and adopted by the Alternative leadership team with alignment to regional requirements based on the locations Alternatives operates from.

• Understanding and engagement in the overall strategy of the business

• Requires in-depth domain knowledge in risk/compliance, process and control reviews, change risk management, problem-solving skills, and deep knowledge of the financial industry and State Street products and services

• Proven leader with the ability to work in ambiguity and be able to understand and translate risk and control requirements and ensure they are reflective in the Alternatives and Global Delivery Strategy

• Change agent mentality with the business acumen to interact with senior business stakeholders across the global organization possessing the ability to offer creative solutions to meet all stakeholders requirements

• Proven track record in leading and driving risk and control strategies and risk culture change

Role Definition:

• Providing strategic and tactical leadership on the effectiveness of the risk and control environment as relates to Business as Usual and transformation and the remediation of areas of risk

• Understanding of the organization’s strategy and critical success factors enabling challenge and reporting of the Alternatives risk profile and potential operational exposures and monitoring of risk reduction

• Working closely with the rest of the Global Delivery BRM to ensure appropriate coverage within global BRM

• Serving as liaison and coordinating with internal departments, regulators, and other external parties for non-financial risks to ensure risk management practices align with firmwide risk and control objectives

• Supporting the implementation of globally consistent risk and control practices

• Continually develop the team of business risk professionals to delivery risk excellence in all operational activities

What we value

At a Managing Director level we require senior leadership and advanced skills in areas such as:

• Navigate a large, global organization. Build meaningful relationships and develop an effective network.

• Work successfully in a matrixed environment. Effectively manage multiple stakeholders, determine highest priorities for the organization, identify and resolve contention between directives.

• Proven leadership skills as well as managing and developing a high performing operational teams who deliver directly for you or for which you are a people manager only.

• Excellent time management, presentation skills and communication to multiple levels (clients, other 3rd parties, executives, peers, subordinates). Flexibility across multiple communication formats

• Proven track record of achieving/exceeding financial goals through…