Head of Legal Entity Analytics and Risk Data Governance, Managing Director, Hybrid (m/f/d)

Who we are looking for

An experienced, senior level professional with a strong technical and quantitative aptitude to act as Managing Director and Head of Legal Entity Analytics and Risk Data Governance for State Street Bank Internatioal  (“SSBI”) based in Germany. This role will have dual reporting lines, one the SSBI Chief Risk Officer and another to the Senior Vice President responsible for the Centralized Modeling and Analytics team within Enterprise Risk Management's Financial Risk Organization.

This role can be performed in a hybrid model, where you can balance work from home and office 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 Head of Legal Entity Analytics and Risk Data Governance you will:

• Lead a team to provide legal entity quantitative support globally with primary responsibility for model regulatory management and analytical support for SSBI, an international bank based in Germany.
• Provide analytical support for ICAAP and regulatory stress testing to legal entities with primary responsibility for SSBI
• Coordinate all regulatory application for model and model change approvals
• Manage related regulatory examinations for legal entity’s risk data and risk reporting BCBS 239 compliance, model usage and analytics
• Build and maintain effective relationship with executive management and senior regulators and agencies
• Ensure collaboration and coordination between Corporate and legal entity risk leadership, model risk management, internal audit and other support functions to achieve strategic goals
• Support the SSBI CRO, an executive sponsor for the BCBS 239 project, by leading the BCBS 239 compliance effort for SSBI Enterprise Risk Management, providing a strategic vision on technologically driven target architecture for risk data flows, risk aggregation and risk reporting,
• Provide senior oversight to the embedded data governance, change management and data steward functions across risk types and drive cross function collaborations for efficient data flows and reconciliation.
• Be responsible for establishing and setting the tone of proactive risk management and compliance with company guidelines and regulatory expectations

What we value

These skills will help you succeed in this role:

• Strong analytical and quantitative mindset; ability to take ownership and improve on existing risk models and methodologies
• Energetic/motivator: an enthusiastic individual with proven leadership skills and an ability to motivate a diverse, multi-level workforce and instill a sense of urgency on a range of evolving goals and objectives
• Organizational strengths: an ability to organize resources, processes and priorities to ensure business needs are met in a coordinated, responsive and timely manner, with minimal direction
• Confidence: a self-assured, experienced and knowledgeable individual able to quickly garner support for his/her views based on informed, well-presented direction or analysis, with a willingness to negotiate, and concede, when needed
• Communicator: clear, confident, self-assured communication style, coupled with an ability to react and adapt to various audiences and environments without diluting effectiveness
• Effective collaborator: the data governance element of the role requires cross-functions collaborations across Risk, Finance and Technology, the ability to break the silo and take pragmatic approach is key
• Talent manager: an ability to quickly assess strengths and weaknesses of team members at all levels, and ability to identify developing talent and nurture accordingly, and an ability to deliver clear, honest

Education & Preferred Qualifications

• Master or PhD in a quantitative field. Such as Economics, Statistics, Mathematics, Finance, Physics, Engineering or equivalent
• 15+ years of experience working in and leading a analytics organization in a regulatory financial institution
• Demonstrated experience working with Global Regulators in the banking or financial services sectors; proficient understanding of various regulations such as BASEL Ill, stress testing and ICAAP
• Proven interpersonal and communication skills at both the executive and regulator level

Additional requirements

Travel up to 25% may be required.

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 flt.

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

State Street's Speak Up Line