Regulatory Change Management Program Manager, Vice President, Hybrid

Who we are looking for

We are looking for a Regulatory Change Management Program Manage, Vice President r to lead the successful enterprise-wide implementation of a RegTech vendor solution to optimize and scale the regulatory change management program. This role reports into the Head of the Global Regulatory Change Management Program Office and will interact on a daily basis with stakeholders across the lines of defense and vendor contacts.

The ideal candidate has strong expertise in risk management and experience designing, executing and/or evaluating regulatory change management programs in the financial services sector.

This role is based in Boston, MA or London, UK, and can be performed in a hybrid model (4 days onsite in US, 3 days onsite in UK) to match your needs and role requirements.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Regulatory Change Management Manager you will:

• Lead the day-to-day implementation of a RegTech vendor solution to optimize and scale the regulatory change management program

• Interact with the vendor contacts on a daily basis to research and resolve production issues, perform root cause analysis and collectively determine solutions and next steps

• Manage the implementation plan, including related risks and dependences, and proactively address roadblocks escalating, as necessary

• Serve as the primary contact for stakeholders across the lines of defense on implementation

• Analyze existing processes in place to support the regulatory change management program and identify gaps and improvement opportunities, which may include revising business requirements to enhance system functionality, control development and/or procedural changes

• Develop and maintain procedures, guidance and job aids to support execution of the regulatory change management program

• Embed oversight and monitoring controls within the processes supporting the regulatory change management program

• Create and deliver training to stakeholders across the lines of defense on the RegTech vendor solution and accompanying program changes

• Coordinate with the firm’s risk assessment program teams (Risk and Control Self-Assessment, Compliance Risk Assessment) to support input of regulatory changes into these assessments

• Develop and implement key metrics to monitor execution of the regulatory change management program

• Prepare periodic reporting for senior management and governance bodies on implementation progress and regulatory changes

• Act as a champion for change fostering collaboration and ensuring stakeholder buy-in

What we value

These skills will help you succeed in this role

• Knowledge and understanding of global banking regulations and compliance risk management programs

• Excellent program and change management skills

• Strong analytical and problem-solving skills and attention to detail

• Exceptional written and verbal communication skills with ability to successfully interface with all levels of management

• Ability to effectively multi-task and maintain a positive attitude under pressure

• Inclusive mindset that recognizes the value of a diverse global team and an ability to work across cultures with adaptability and flexibility

Education & Preferred Qualifications

• Bachelor’s degree or equivalent

• Minimum of 10+ years’ work experience in compliance, risk or legal within the financial services sector (large bank experience a plus)

• Minimum of 5+ years direct work experience with designing and/or executing regulatory change management programs

• Experience with RegTech vendor providers

• Sound understanding of Federal Reserve SR 08-8

Additional requirements

Ability to work with team members and stakeholders across the all regions. This will include some meetings and calls at early or late times as necessary.

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:

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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