Controls Design and Development

Job Title

Controls Design & Development VP

Role Summary & Role Description

Who we are looking for

The Controls Design & Development department within Technology Risk and Controls is building its team to enhance State Street’s cybersecurity and technology risk and control framework and collaborate with Control Testing & Assurance in order to identify control gaps, design new controls and evaluate and improve existing controls to reduce risk. The Vice President will report to the Head of Controls Design & Development.

What you will be responsible for

As the Controls Design & Development Vice President:

Maintain and improve methodology around monitoring and measuring threat risks that aligns to the standard industry frameworks.

Collaborate with Risk Governance on design and implementation of a risk and control framework.

Ensure that the risk and control assessment activities are delivered accurately and timely, in line with the State Street framework and methodology.

Discuss and validate potential control gaps, redesign and enhance controls, and develop operating effectiveness tests with control owners.

Assist in monthly and quarterly reporting on the status and outcomes of controls assessment activities.

Reinforce an inherent culture of accountability and ownership for implementation and execution of controls across all levels and functions within Global Technology Services.

Build strong relationships with subject matter experts and other stakeholders to drive risk excellence.

Work in conjunction with other Technology Risk and Controls departments as well as business partners and external parties as needed to resolve issues and ensure accuracy of accountabilities, and adherence to all policies/regulations/guidelines.

Maintain adequate records and evidence of risk and control assessments completed.

What we value

These skills will help you succeed in this role:

Ability to interact with and communicate professionally with multiple levels of management in multiple regions.

Excellent verbal and written communication skills, ability to express ideas and understand workflows.

Strong time management skills, problem-solving and critical thinking skills.

Prior knowledge of State Street control assessment framework a plus.

Proven experience with a GTS tool such as Archer a plus.

Experience in creating process flows, identifying controls, creating management information in power point decks.

Must have the ability to operate in a timely in a deadline-oriented environment with simultaneous deliverables.

Must be detail-oriented.

Experience working in the Financial industry preferred, but not required.

Education & Preferred Qualifications

Bachelor’s degree in Computer Science / Information Technology, IT Security, Risk Management, or a related field; Masters degree a plus

Overall experience of 16 – 18 + years in Industry.

Minimum 8 years of experience working in Information Security or general IT areas related to risk management, controls assurance, compliance programs, cybersecurity and information security regulations, industry standards, and internal policies frameworks.

At least 8 years of prior experience in risk management/audit team with knowledge of Archer control inventory or other similar systems preferred.

Preference for working towards a professional certification: Certified Information Security Auditor (CISA), Certified Risk & Information Systems Controls (CRISC), etc

Core/Must have skills

Experience in Control Designing and Development

Information Technology (IT) Risk Management

 IT Risk Analysis

IT Risk Assessments

IT Security Governance

Good to have skills

Proven experience with a GTS tool such as Archer a plus.

Ability to interact with and communicate professionally with multiple levels of management in multiple regions.

Excellent verbal and written communication skills, ability to express ideas and understand workflows.

Strong time management skills, problem-solving and critical thinking skills.

Prior knowledge of State Street control assessment framework a plus.

Experience in creating process flows, identifying controls, creating management information in power point decks.

Must have the ability to operate in a timely in a deadline-oriented environment with simultaneous deliverables.

Must be detail-oriented.

Experience working in the Financial industry preferred, but not required.

Work Schedule

Hybrid / 4 days working from Office

Keywords (If any)

 Control Design, Control Assurance ,Control Development

Why this role is important to us

Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We’re driving the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.

We offer a collaborative environment where technology skills and innovation are valued in a global organization. We’re looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.

Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

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.

Discover more at StateStreet.com/careers

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