Who we are looking for
The Investment Services Business Risk Management (IS BRM) team is seeking a Risk Advisor, Assistant Vice President to support client‑facing risk across Europe where Depositary experience is essential.
This role is a first‑line advisory position that partners with business and risk management teams to support effective risk identification, assessment, and governance, while developing strong risk advisory capabilities under the guidance of senior Risk Advisors.
This role requires strong knowledge of regulatory requirements for financial services firms across EMEA jurisdictions, including risk management experience for Depositary obligations.
Why this role is important to us
The Assistant Vice President Risk Advisor supports the business by helping ensure that risks inherent in IS are assessed and managed appropriately across the EMEA activities.
The role contributes to strong risk culture by enabling consistent risk practices, supporting governance processes, and helping translate risk and regulatory expectations into day‑to‑day business activity.
What you will be responsible for
1. Participate in risk governance forums, including meeting preparation, materials, and consistent risk communication
2. Monitor risk metrics/KRIs and risk profiles to identify trends, issues, and emerging risks
3. Coordinate and support RCSA activities, including consolidation of inputs, review of assessments, and escalation of concerns
4. Support control design/effectiveness reviews; identify gaps and contribute to root-cause and lessons-learned activities
5. Track remediation actions (incidents, control issues, audit items) and follow through to closure
6. Provide day-to-day first-line risk advisory support to business, product, technology, and client teams under senior guidance
7. Translate policy, regulatory expectations, and risk frameworks into practical guidance and first-line deliverables
8. Participate in change and initiative forums; support risk reviews and post-implementation follow-ups
9. Support incident response activities and assist the business during audits, regulatory interactions, and client due diligence
10. Partner with business risk management globally and second/ third line teams to support alignment, training, and ongoing risk communications; escalate material matters as needed
11. Partner with lines of defense and enterprise-wide business risk teams to execute thematic control assessments using business knowledge to make sure that IS control environment is commensurate with the risk being mitigated
12. Maintain SME expertise in Depositary regulations and sound risk management practices
13. Drive innovation in the Business Risk function, including adoption of AI and novel technologies
What we value
14. Experience in risk management, compliance or audit within financial services, ideally supporting client services and/ or investment servicing operations teams
15. Strong analytical skills and attention to detail
16. Willingness to learn, ask questions, and develop risk advisory judgment
17. Ability to work collaboratively across teams and cultures
18. Clear written and verbal communication skills
19. Interest in client‑facing risk and financial services operations
20. Demonstrated ability to balance risk management rigor with commercial and client considerations
21. Keen awareness and appreciation for teamwork and collaboration
22. Proven track record of adoption of technology and understanding of novel risks, including AI
23. Hands on risk management experience in a highly regulated environment
Education & preferred qualifications
24. Bachelor’s degree in finance, accounting, business, or a related discipline
25. 7+ years of experience in financial services risk, operations, client facing roles or control functions preferred
26. Hands on Depositary operational and/ or risk management experience
27. Deep understanding of client facing operational risk and EMEA regulatory frameworks
About State Street
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.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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