State Street
Head of Business Controls Transformation, SVP (Senior Managing Director)
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Senior Managing Director / Senior Vice President – Business Risk and Controls Transformation
About the Role
We are seeking a highly experienced Senior Managing Director / Senior Vice President to lead Business Risk and Controls Transformation. This leadership role is responsible for driving enterprise-wide improvements to first-line risk and control practices through the use of AI, automation, and standardization.
Key Responsibilities
As Head of Business Controls Transformation, you will:
- Lead the controls transformation program, focusing on modernization, simplification, and control automation, including the design and tracking of success metrics.
- Spearhead AI transformation efforts for business risk and control processes, partnering with second-line and technology teams to reduce manual efforts and integrate AI-driven insights.
- Identify and prioritise AI automation opportunities to improve accuracy, cycle time, resilience, and control effectiveness.
- Partner with the Executive Vice President to develop a business controls roadmap and execution plans.
- Collaborate with integrated risk management teams to enhance tools and practices.
- Work with Business Risk Managers to streamline RCSA protocols and integrate AI where feasible.
- Align control frameworks with Compliance, Operational Risk, Internal Audit, Technology, and business units to ensure regulatory consistency.
- Establish and manage governance routines, steering committees, transformation forums, and senior-level reporting.
- Develop and refine enterprise control design standards, taxonomies, and documentation expectations.
- Identify control weaknesses, emerging risks, and opportunities to fortify the control environment across all business functions.
- Oversee cross-functional workstreams to implement timely and effective control enhancements.
- Present executive-level insights, materials, and updates for senior leadership and oversight forums.
- Empower first-line ownership of risk and controls through simplified guidance, frameworks, and tools.
- Cultivate a collaborative, accountable culture that prioritises risk excellence across global teams.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
What We Value
We are looking for candidates with:
- Deep expertise in risk management, business controls, compliance, internal audit, and regulatory standards.
- Proven experience with AI use cases—ideation, scoping, testing, and implementation—to drive efficiency and innovation.
- Leadership in large-scale, multi-functional transformations, particularly in global regulatory environments.
- Strong analytical and problem-solving skills, with a knack for structuring complex issues and delivering actionable solutions.
- Exceptional executive communication, capable of simplifying intricate information for senior audiences.
- A strategic mindset focused on modernisation, simplification, and operational resilience.
- The ability to influence across matrixed organisations and build effective relationships globally.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Education & Qualifications
- 15+ years of experience in business controls, risk, audit, compliance, or transformation within a global financial institution.
- Experience leading enterprise-level control or risk transformation initiatives.
- Hands-on experience with AI-driven enhancements for risk and control processes.
- Preferred: Advanced degree or relevant certifications (e.g., CRCM, CIA, CISA, CRMA).
- Strong proficiency in program governance, management reporting, and control analytics.
Additional Requirements
- Occasional travel may be required.
- Strong preference for candidates with global experience in the US and UK.
About State Street
We’re a trusted partner to institutional investors worldwide, helping them manage risk, navigate challenges, and drive growth. We support clients through a culture of collaboration, where every employee contributes to a valued, empowering work environment.
Our commitment to an inclusive culture includes:
- Diversified career growth and flexible work-life support.
- Paid volunteer time and vibrant employee networks.
- Opportunities to shape the future alongside a team driven by excellence.
[As equal opportunity employers], we assess all qualified applicants for employment without regard to protected characteristics. Explore more on StateStreet.com/careers.
View CEO Statement Job ID: R-793206
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location