Business Risk Management BU Aligned – Assistant Vice President

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Assistant Vice President of Business Risk Management – Lead BRM partnership, governance and risk integration for Global Delivery units in Chennai.

15+ years experience in financial services, 1st–3rd line of defense, driving risk oversight and strategic change in a global bank.

Who we are looking for:

We are seeking an experienced Business Risk Management (BRM) – Business Unit Aligned (BUA) Assistant Vice President to support Global Delivery (GD) functions. This role will act as a senior first‑line risk partner, working closely with GD business leaders to strengthen the risk and control environment, support strategic change, and embed effective governance into business‑as‑usual activities. The role contributes to a consistent #OneBRM approach and supports delivery against firm‑wide risk management objectives.

What you will be responsible for:

Business Risk Partnership

• Serve as the primary BRM point of contact for assigned Global Delivery business units and functions.
• Maintain strong, ongoing engagement with business leadership to understand operational priorities, risk exposures, and emerging trends.
• Provide effective challenge and advisory support to enable informed decision‑making and alignment of risk management with business outcomes.
• Capture, monitor, and escalation material risks and concerns through appropriate governance forums.

Risk & Control Oversight

• Support the embedding of the Global Delivery risk and control framework into day‑to‑day operations.
• Partner with BRM pillar teams to identify control gaps, assess control effectiveness, and support remediation planning.
• Provide oversight across key risk activities, including risk assessments, issues, incidents, and remediation actions.
• Support internal audits, regulatory reviews, and examinations, working with the business to deliver timely and sustainable closure of findings.

Strategic Change & Risk Integration

• Provide guidance and constructive challenge to ensure that business and transformation initiatives are appropriately assessed for risk impact.
• Ensure changes are effectively integrated into the risk and control environment, including governance, processes, and controls.
• Assess and communicate the impact of change on the overall risk profile to senior stakeholders.

Governance, Reporting, and Stakeholder Management

• Support governance forums through preparation of risk updates, thematic insights, and management information.
• Communicating risk matters clearly and concisely, translating technical concepts into business‑relevant messaging.
• Build and maintain strong working relationships with business partners, BRM colleagues, and internal assurance teams.
• Promote consistent ways of working and collaboration across the BRM organisation promoting a unified #OneBRM voice.
• Work closely with other Business‑Aligned Representatives and BRM pillar teams to align priorities and share emerging themes.

What we value:

• Critical thinking and constructive challenge
• Accountability and ownership
• Collaboration and partnership
• Outcome‑focused execution
• Adaptability within a global environment.

Education & Preferred Qualifications

Experience

• 15+ years of relevant work experience in financial services, banking, insurance, analytics, consultancy, or a comparable industry.
• Experience in risk management, governance, controls, audit, or business‑aligned risk roles within large, complex organisations.
• Experience working within one or more lines of defence (1st, 2nd, or 3rd).

Knowledge & Skills

• Sound knowledge of governance frameworks and control environments.
• Strong project management skills, with the ability to track delivery against agreed timelines.
• Strong analytical skills with the ability to identify themes and assess risk impacts.
• Effective verbal and written communication skills, including engagement with senior stakeholders.
• Strong interpersonal skills and the ability to work effectively across regions, cultures, and disciplines.

Ways of Working

• Manage delivery against agreed plans and timelines, actively tracking progress and dependencies.
• Apply sound judgement and prioritisation in a dynamic operating environment.
• Contribute to continuous improvement of BRM processes, tools, and governance practices.
• Flexible working in shifts

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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