Program Implementation Vice President

State Streets Third-Party Risk Management (TPRM) program is responsible for enabling State Street to identify, assess and manage the risk to which the enterprise is exposed arising from the receipt of services from third parties. The TPRM program has been established to operate a robust risk assessment framework, which ensures that State Streets third-party risk exposure is mitigated appropriately and meets associated regulatory obligations and expectations across multiple jurisdictions. It does so by delivering a globally consistent operating model, policies, standards, procedures, platforms, governance, and oversight.

TPRM is seeking an experienced VP to support the enterprise level adoption of the redesigned TPRM operating model. This role will support the Head of Program Delivery in coordinating the activities required to achieve transformation of the TPRM legacy processes. This role will coordinate with multiple stakeholders (Engagement Managers, Business Executives, Legal, Procurement, vendor, corporate Subject Matter Expert, etc.) to ensure that TPRM Standards and Procedures are understood and followed. This role will participate in the design and delivery of the corporate standard operating procedures, have input into the program design and communication format, ensuring an improved user experience and optimized cycle time are among the key priorities for this role.

Responsibilities

• Participate in the design of the streamlined TPRM lifecycle process by identifying and eliminating bottlenecks and redundancies, creating efficiencies; while continuing to operate business as usual third party risk management activities.
• Work closely with the TPRM pillars (Operations, Reporting, and Project Management) to ensure that the dependencies between project work streams are understood and that change activities are coordinated.
• Support TPRM stakeholders through the third-party lifecycle.
• Provide input to and collaborate with the EM to support adoption of the ongoing monitoring.
• Assist in developing and maintaining program standards and procedures.
• Demonstrate the ability to effectively partner with management to continually reassess risks and controls.
• Demonstrate skill in collaboratively developing solutions to minimize control exceptions.

Experience

• Strong verbal and written communication.
• Ability to focus on detailed execution while ensuring alignment with a wider and evolving context.
• Excellent coordination and partnering skills.
• Comfortable operating and delivering change in an occasionally unstructured and ambiguous environment.
• Proven ability to deliver on risk management or operations efficiencies objectives.
• Passionate about improving customer experience.
• Bachelors degree or equivalent work experience with a focus in related field preferred.
• At least 8 years of relevant experience (Risk Management, Relationship Management, Vendor lifecycle, Operations).

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

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