Business Risk Advisor Lead-Financing and Portfolio Solutions, Managing Director- Markets

Who we are looking for

We are looking for a senior first-line Business Risk executive to lead the risk advisory and control agenda for State Street's Financing and Portfolio Solutions franchise, which includes Agency Lending, Prime Services, Secured Financing and Repo, and Portfolio Solutions businesses. The role will establish strategic direction, provide credible challenge to senior business leaders, and oversee a resilient, regulator-ready control environment across this integrated financing platform.

This Managing Director will lead a team of Business Risk professionals and will partner closely with Front Office, Operations, Technology, Compliance, Legal, Finance, Enterprise Risk and Internal Audit. The successful candidate will balance commercial objectives with disciplined risk management, regulatory compliance, operational resilience, and sustainable execution.

Financing Solutions and Portfolio Solutions operate at the intersection of trading, financing, collateral management and client delivery, where regulatory scrutiny, operational complexity and commercial priorities converge. This role provides executive ownership of the first-line risk framework, helping businesses grow responsibly, innovate confidently, and maintain robust governance, controls and escalation practices.

As the Business Risk Advisor Lead for Financing and Portfolio Solutions, you will:

• Serve as the senior Business Risk Management lead and principal escalation point for material risk, control and emerging-risk matters affecting Financing Solutions, Portfolio Solutions and adjacent Markets activities.
• Lead and develop a team of Business Risk professionals, set clear accountability and priorities, and oversee the quality and consistency of risk advisory coverage delivered to the supported businesses.
• Provide executive-level risk advice and credible challenges to business leadership across trade execution, lifecycle management, financing, collateral, valuation, market conduct, surveillance and regulatory reporting.
• Establish and oversee the end-to-end first-line risk and control framework, including risk and control assessments, control inventories, key risk indicators, issue management, incident and near-miss governance, and senior management reporting.
• Ensure material incidents, control failures and emerging exposures are identified early, escalated promptly, investigated thoroughly and remediated through sustainable, well-documented actions.
• Drive control modernization through automation, data-led monitoring, process simplification and exception-based oversight, with particular focus on reducing manual error and strengthening preventive and detective controls.
• Lead Business Risk engagement for regulatory examinations, internal audits and independent reviews, including preparation of clear narratives, evidence, management responses and sustainable remediation plans.
• Partner with Compliance and Legal to assess evolving SEC, FINRA, Federal Reserve, Prudential regulators, and applicable global broker-dealer requirements and translate them into practical business and control actions.
• Provide executive risk sponsorship and challenge for new products, business expansion, strategic change, technology transformation and operating-model initiatives, including assessment of readiness, scalability and residual risk.
• Chair or represent the business in relevant risk committees and governance forums, ensuring transparent reporting, timely decisions, clear ownership and disciplined action tracking.
• Build effective partnerships across the three lines of defense and communicate complex risk matters in clear, decision-ready language for executive leadership, governance…