Managing Director, Business Risk Management Alternatives

State Street

. Act as a valued partner to the Alternatives Business in identifying, assessing, and mitigating risk .

Posted 10/5/2026full-timeUnited StatesLead💰 $170,000 - $252,500 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates extensive experience in non-financial risk management within financial services, with a strong focus on strategic leadership, risk culture change, and operational excellence. Proven ability to manage complex stakeholder relationships and lead high-performing teams in a global, matrixed environment.

Highest-signal resume keywords

15+ Years Experience In Financial ServicesEnterprise Leadership SkillsOperational Risk ManagementChange Management ProgramsTalent Management

ATS Keywords

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Applicant Tracking System Keywords

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Soft Skills

Team LeadershipCoachingMentoringCommunicationPresentation

Certifications & Qualifications

Relevant Graduate DegreeMaster's Qualification

Industry Keywords

Risk ManagementNon-Financial RiskBusiness ManagementGlobal Delivery Business Risk ManagementRisk Control Practices

About the role

Key responsibilities & impact

Act as a valued partner to the Alternatives Business in identifying, assessing, and mitigating risk
Ensure the BRM framework, principles, and methodologies are consistently adopted by the Alternatives leadership team
Provide strategic and tactical leadership on the effectiveness of the risk and control environment
Challenge and report on the Alternatives risk profile and potential operational exposures
Monitor risk reduction and remediate areas of risk
Collaborate with Global Delivery Business Risk Management and the wider business
Liaise and coordinate with internal departments, regulators, and external parties on non-financial risks
Support implementation of globally consistent risk and control practices
Lead risk and control strategies and risk culture change
Develop business risk professionals and deliver risk excellence across operational activities
Align risk management practices with firmwide risk and control objectives

Requirements

What you’ll need

Over 15 years' experience within financial services or risk management, in non-financial risk management or business management
Enterprise leadership skills managing risk across regions
Experience interfacing at a senior level with clients, service providers, and regulators
Strong team leadership, coaching, mentoring, communication, and presentation skills
Experience with talent management, technology optimization, and operational risk management
Strategic thinking and ability to manage complexity, change, and multiple priorities
Experience with change management programs in risk sponsorship or leadership roles
Proven leadership and ability to manage and develop high-performing operational teams
Ability to work in a large, global, matrixed organization
Relevant graduate degree or master's qualification
Ability to manage multiple stakeholders and priorities
Cross-cultural awareness and ability to collaborate globally

Benefits

Comp & perks

Retirement savings plan (401K) with company match
Insurance coverage including basic life, medical, dental, vision, long-term disability, and optional additional coverages
Paid time off including vacation, sick leave, short-term disability, and family care responsibilities
Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards
Eligibility for certain tax-advantaged savings plans
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Employee networks