– Investment Services Business Risk Management Risk Advisor, Vice President (Europe)
State Street
- Location
- London
- Employment
- Full Time
- Work model
- On-Site
- Level
- Staff
- Posted
- 23h ago
About this role
Who we are looking for The Investment Services Business Risk Management (IS BRM) team is seeking an experienced Risk Advisor, Vice President to support the European Investment Services business , with a strong focus on digital asset, client‑facing and product development risk management. Successful candidate will have experience leading oversight of risk management in a financial services organization, will be skilled in sound risk management and governance practices, and have first-hand experience working in highly regulated environments. In addition, experience in designing and reviewing risk management practices in the Digital Asset space, familiarity with Depositary regulatory expectations and knowledge of regulatory expectations across Europe are important in this role. The role will partner across stakeholder groups to enhance risk, control, and operational management capabilities, improve the efficacy of the control environment, and better respond to regulatory guidance/ mandates through the implementation of uniform governance and risk management practices across multitude of IS locations in Europe. Why this role is important to us The Risk Advisor is a valued partner in the IS organization and plays a critical role in ensuring that operational, fiduciary and regulatory risks across the European region are identified early, clearly understood, and actively managed within defined risk appetite. This role helps the business strike the right balance between fit for purpose risk management and IS business objectives and priorities, while maintaining strong alignment with enterprise and local risk frameworks and governance expectations. What you will be responsible for Key responsibilities Serve as a senior, trusted first‑line risk advisor to European Investment Services leadership; provide independent challenge and forward‑looking risk insight to support strategic and client decisions Oversee regulatory risks across a large portfolio of EMEA jurisdictions, as well as emerging risks through review of business change initiatives and product development 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 Lead and facilitate risk discussions across governance forums and executive engagements; ensure consistent risk communication and alignment across EMEA Review, challenge, and refine risk reporting, KRIs, emerging risks, and breach/ limit escalation materials produced by central teams; ensure timely escalation of material risks and unacceptable residual risk. Drive remediation of global control issues, as essential partner and advisor to the business teams. Lead execution of RCSA workshops including assessment of risk ratings, and control effectiveness assessments; advise on control design and remediation strategies for identified gaps . Act as an escalation point for significant control testing exceptions and control weaknesses; facilitate root‑cause analysis and thematic reviews for incidents, audit findings, and control failures. Provide proactive risk input into strategic initiatives, new products, client arrangements, and complex transactions; document material risk advisory opinions to ensure traceability of key decisions. Partner with change and transformation programs to identify risks early and embed risk considerations into design, implementation, and go‑live decisions; support post‑implementation reviews to confirm expected controls and monitoring are effective. Support incident and issue response and remediation management; challenge the quality and sustainability of corrective actions; advise and represent the business in audits, regulatory exams, and client reviews Build on existing financial services and EMEA regulatory knowledge to become a risk management SME across IS activities, including Depositary obligations Build