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State Street · 1 day ago

Vice President, Compliance – Wealth Custody and Clearing

Boston, MA

Full-time

Onsite

Senior Level, Lead/Staff

$110K/yr - $189K/yr

10+ years exp

State Street is a global leader in financial services, and they are seeking a Vice President of Compliance to lead the compliance function within Wealth Custody and Clearing. The role involves ensuring regulatory adherence, managing compliance risks, and advising senior management on compliance matters while overseeing a robust compliance program.

BankingFinanceFinancial Services

Responsibilities

Develop, implement, and maintain a robust compliance program for Wealth Custody and Clearing, aligned with regulatory expectations (SEC, FINRA, CFTC, etc.) and State Street’s internal standards

Monitor changes in laws, regulations, and industry practices; assess impact and ensure timely adaptation of compliance policies and procedures

Lead compliance risk assessments, gap analyses, and control testing to identify areas of exposure and recommend remediation strategies

Oversee regulatory reporting, audits, and examinations; coordinate responses and ensure timely resolution of findings

Advise senior management and business partners on compliance matters, providing guidance on new products, services, and strategic initiatives

Collaborate with Risk, Legal, Operations, and Technology teams to ensure integrated risk management and compliance oversight

Design and deliver compliance training and awareness programs for staff and stakeholders

Manage compliance investigations, incident reviews, and escalation processes

Prepare and present compliance metrics, dashboards, and reports to executive leadership and relevant committees

Represent the business in regulatory engagements, industry forums, and external audits

Qualification

Compliance program managementRegulatory knowledgeRisk assessmentRegulatory reportingCompliance technologyData analyticsProject managementStakeholder managementLeadershipCommunicationProblem-solving

Required

Bachelor's degree required

10+ years of experience in compliance, regulatory risk, or related functions within financial services, preferably in custody, clearing, or wealth management

Deep knowledge of relevant regulations (SEC, FINRA, CFTC, AML, OFAC, etc.) and industry best practices

Proven track record in designing and managing compliance programs, regulatory reporting, and audit management

Strong analytical, problem-solving, and project management skills

Excellent communication, leadership, and stakeholder management abilities

Experience with compliance technology, data analytics, and process improvement initiatives