About the Role
About the job
State Street is transforming how it manages third parties across the enterprise. Third-party relationships present a rapidly evolving risk profile, requiring an integrated approach to how the firm identifies, assesses, monitors, reports and manages both the relationships and the risks created by reliance on external and intragroup providers.
Reporting to the enterprise Chief Operating Officer and serving on the COO Leadership Team, the Head of Third-Party Management will work closely with the Chief Risk Officer, Chief Financial Officer and Procurement, Chief Commercial Officer, and Chief Administrative Officer, including the Head of Enterprise Resiliency.
This Executive Will Establish And Lead Program-based Processes That Manage Third-party Relationships Against Both Commercial And Risk Objectives. The Organization Will Serve As The Operational Engine Of The Enterprise Third-party Management Program, With Accountability For
Intake and quality control
Coordination with risk-domain subject-matter experts
Due diligence
Analytics and reporting
Third-party inventory and data quality
Training and change management
The role will build on existing capabilities to create a best-in-class third-party management practice. A central part of the mandate is assessing third-party risk against a shifting geopolitical and technology landscape and moving the firm’s most critical vendors toward more disciplined, accountable business-as-usual engagement.
Integrate and communicate the firm’s material third-party risks to senior management and governance forums
Represent the program with regulators
Serve as a trusted advisor and change agent for executive risk decisions
Requirements
Qualifications
- 15+ years of experience in risk management, third-party risk, operational resilience or a related field within a large global financial institution, including senior leadership of enterprise programs.
- Deep knowledge of global third-party and resilience requirements, including the U.S. Interagency Guidance on Third-Party Relationships, EU Digital Operational Resilience Act (DORA), UK Prudential Regulation Authority outsourcing and operational resilience requirements, and European Banking Authority outsourcing guidelines.
- Experience engaging directly with regulators and presenting to Board-level committees.
- Strong understanding of cybersecurity, cloud, data and AI-related vendor risk.
- Bachelor’s degree required; advanced degree or relevant certifications, such as CTPRP, FRM or CISA, preferred.
About the Company
At State Street, we deliver leading investment platforms, data, expertise, and solutions that accelerate performance and better decision making.
With over 200 years of global financial leadership, we equip institutional investors through a comprehensive suite of capabilities:
Investment Services: Integrated front-to-back solutions across custody, accounting, and operations.
Investment Management: Index and active strategies from one of the world’s largest asset managers.
Markets: Multi-asset trading, FX solutions, and data-driven research to enhance portfolio value.