State Street

Head of Model Risk Management Technology Team, VP

State Street

Boston, MA, USA
Full-TimeDepends on ExperienceMid-LevelPhd or Professional
Job Description

The State Street Global Advisors team is looking for a VP, Head of Model Risk Management Technology, to join our team and help drive our model risk management strategy. The ideal candidate will have a strong technical background, with experience leading and managing teams within the financial services industry, as well as a deep knowledge of model risk management and the technology used to support it. The successful candidate must have a passion for developing innovative solutions to complex model risk management challenges.This VP will be responsible for driving the technology strategy for the model risk management team, and will be responsible for leading, developing, and managing a team of highly skilled professionals. The successful candidate must have strong communication and organizational skills, and demonstrate a commitment to excellence and innovation.

Responsibilities:

  1. Develop and implement technology strategies to support the model risk management team.
  2. Lead, develop, and manage a team of highly skilled professionals.
  3. Ensure compliance with model risk management regulations and best practices.
  4. Stay up to date on the latest trends and developments in the model risk management field.
  5. Collaborate with other departments to ensure effective coordination and execution of model risk management initiatives.
  6. Implement innovative solutions to complex model risk management challenges.
  7. Monitor and measure the performance of the model risk management team.
  8. Provide guidance and training to team members on model risk management technologies and processes.
  9. Establish and maintain effective relationships with industry stakeholders.
  10. Provide regular reports and updates to senior management on progress and performance.
Where is this job?
This job is located at Boston, MA, USA
Job Qualifications
  • Excellent Communication Skills

  • Ability To Manage Multiple Projects Simultaneously

  • Strong Technical Expertise

  • Proven Ability To Manage And Lead Large Teams

  • Deep Understanding Of Financial Services

  • Knowledge Of Modeling Techniques And Technology

  • Experience In Developing And Executing Strategies

  • Proficiency In Risk Management Technology

Required Skills
  • Risk Management

  • Financial Services

  • Product Development

  • Quality Assurance

  • Project Management

  • Communication

  • Leadership

  • Data Management

  • Analytics

  • Collaboration

  • Regulatory compliance

  • Technology

  • Model validation

  • Governance

  • Processes

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Negotiation

  • Problem Solving

  • Time management

  • creativity

  • self-motivation

  • Teamwork

  • Adaptability

Compensation

According to JobzMall, the average salary range for a Head of Model Risk Management Technology Team, VP in Boston, MA, USA is $200,000 - $250,000. This range is based on data from salary surveys of professionals with similar roles in the area.

Additional Information
State Street is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 21st, 2023
Apply BeforeJune 9th, 2026
This job posting is from a verified source. 
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About State Street

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.

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