FAQs
What is the main responsibility of the Head of Resiliency by Design role?
The main responsibility is to elevate the resiliency mindset, culture, and accountability mentality at State Street, ensuring overall enterprise resiliency through strategic collaboration with various business units and teams.
What teams will the Head of Resiliency by Design liaise with?
The Head of Resiliency by Design will work closely with Business Units, Product Teams, Technology Leaders, and Programs across the enterprise.
What kind of team will the Head of Resiliency by Design be responsible for developing?
The Head of Resiliency by Design will be responsible for developing a high-performing team by mentoring them, creating growth opportunities, and building a resilient and adaptable team culture.
What is the significance of the Third-Party Resiliency Program?
The Third-Party Resiliency Program is significant as it incorporates robust due diligence, testing, and reporting processes to ensure that third-party services align with State Street's operational resiliency standards.
What experience is required for this role?
Relevant experience in a similar role, particularly in implementing transformation programs related to Risk, Controls, Cybersecurity, Technology, Third-party engagements, and Business Continuity enhancements is required.
How important is collaboration in this role?
Collaboration is extremely important as it involves partnering with various teams, including Technology, Operations, Risk Management, and more, to ensure regulatory compliance and meet operational resiliency objectives throughout the organization.
What are some key functions of this role?
Key functions include managing the Resiliency Third Party Due Diligence Team, owning Resiliency Standards and Operating Procedures, and driving best practices in third-party operational risk management.
Does this role require interaction with external bodies?
Yes, the Head of Resiliency by Design will liaise with global regulators, external auditors, and industry bodies to implement resiliency requirements and provide updates to governing bodies.
What skills are essential for success in this role?
Essential skills include exceptional communication, relationship management, a strong understanding of resilience regulations, and the capability to manage cross-functional teams effectively.
What is the overall mission of the Enterprise Resiliency Office (ERO)?
The ERO’s mission is to enhance State Street’s resiliency across all business lines, critical operations, and geographies, serving as a key enabler for delivering services to clients.
What kind of environment does State Street provide for its employees?
State Street fosters a collaborative environment where skills and innovation are highly valued within its global organization.