State Street Markets Recovery & Resolution, Vice President (Onsite)

This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Who we are looking for

The State Street Markets Recovery and Resolution, Vice President is responsible for centrally leading State Streets Markets' contribution to State Street's Firmwide Recovery and Resolution Regulatory Requirements and Stress Testing.

Due to the role's requirements, this job needs to be performed primarily in the office.

Why this role is important to us

When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to State Street Markets. As the bank's investment research and trading arm, State Street Markets' goal is to enhance and preserve our clients' portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Join us to make your mark in the capital markets industry.

What you will be responsible for

As State Street Markets Recovery and Resolution, Vice President you will

Centrally manage and support the Market's business lines in their annual Recovery and Resolution Planning "RRP" deliverables

Provide project management for specific sections of the firmwide plans across both Markets and other participating businesses

Lead the update and refresh of existing critical operations plans, divesture plans and playbooks or any new requirements

Identify appropriate SMEs and coordinate input and review

Draft written updates, obtain and refresh business data

Coordinate review and signoffs

Manage process to tight deadlines and competing priorities

Assist in development and review of assumptions underlying RRP playbooks and analysis

Collaborate with the firmwide RRP Office, Markets business lines, Global Treasury and Front Office Risk to ensure recovery plans are aligned to business risk and ongoing strategy

Liaise with the firmwide RRP team to deliver results on stress scenarios testing Recovery and Resolution Plan

Proactively develop the necessary business knowledge and skills needed to achieve successful delivery of Markets' RRP deliverables

Build and oversee a governance framework that ensures the timely and accurate production of the division's RRP plan in accordance with regulatory standards

Maintain records for the preparation of the plans and stress testing

Develop or enhance and document procedures and controls for updating the plan and associated data

Work on other projects in the product management team as priorities and capacity requires

What we value

These skills will help you succeed in this role :

Program management

Subject matter expertise in Recovery and Resolution Planning, strong execution skills and proven track record

Well-developed communication skills including writing and presentation skills and ability to simply and concisely describe complex businesses, operating flows and issues

Proven ability to manage multiple stakeholders and priorities

Self-motivated, ability to work independently without detailed instructions

Education & Preferred Qualifications

10+ years of Financial Services

Experience with Recovery and Resolution

Relevant BA / BS

Salary Range :

$110,000 - $177,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure :

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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