Global Head of Capital and Resolution & Recovery Planning (RRP), SVP

Who we are looking for

The Head of Capital Management and RRP is accountable for developing and delivering the firm’s capital plans and forecasts as well aligning the Resolution and Recovery plans and capabilities across all treasury risk verticals , while ensuring compliance with evolving global regulatory standards and internal risk appetite.

This executive serves as a key advisor to senior management and ALCO, providing rigorous analytics, forward‑looking insights, and disciplined governance over key principal risks under normal and stressed conditions.

What you will be responsible for

Capital Planning and Position Management

• Own and execute the firm‑wide capital planning processes, including CCAR and quarterly stress tests.
• Manage the firm’s actual capital position within target ranges and risk appetite for CET1, Tier 1 Leverage, GSIB, and related metrics
• Develop sensitivity analysis to understand capital and risk weighted asset impacts resulting from changes in key macroeconomic factors
• Recommend dividend levels, share buybacks and payout ratios for executive management.
• Establish capital contingency plans and related trigger frameworks to manage the firm through the stress continuum.  Align BAU, contingency and resolution frameworks to provide effective governance and decision making through a stress event.
• Develop and implement capital allocation framework, cost of capital, and capital attributions to derive returns on capital.
• Develop capital targets, dividend targets, and capital injections as required for operating companies as well as potential acquisition targets
• Align capabilities for rapid estimation of resolution and recovery forecasted capital and liquidity execution needs, working in conjunction with other Treasury risk verticals

Governance, Committees & Board Engagement

• Serve as a senior member of ALCO and related sub‑committees, to foster robust escalation, challenge, and decision‑making.
• Provide clear, Board‑level reporting on capital position, macroeconomic sensitivities, capital allocations and returns, translating complex analytics into actionable insights.
• Partner closely with Risk and Internal Audit to maintain strong three‑lines‑of‑defense governance.
• Work with businesses to review new product proposals and recommend any changes to align with commercial and risk management objectives

Regulatory & Supervisory Engagement

• Assess and develop remediation plans to comply with global regulatory standards and supervisory expectations for capital management and resolution planning for GSIFIs.
• Act as a senior point of contact for regulators on Capital and Resolution and Recovery‑related matters, examinations, and thematic reviews.
• Coordinate, maintain, govern and submit capital plans and resolution and recovery plans in line with regulatory requirements

Analytics, Models & Infrastructure

• Oversee model development for key forecasting models as well as controls framework to align, drive accuracy, transparency, and alignment with model risk governance.
• Drive continuous enhancement of forecasting, scenario analysis, and stress testing capabilities to anticipate macroeconomic and market shifts.

Leadership & Talent Development

• Lead and develop a high‑performing global Capital Management and Resolution & Recovery Planning organization, fostering strong technical expertise, sound judgment, and risk culture.
• Build deep succession and bench strength for critical Capital and Resolution and Recovery  roles across regions.

Education & Preferred Qualifications

• Advanced degree in Finance, Economics, a related field; MBA or equivalent preferred.
• 15+ years of progressive experience in Capital Management, Treasury, Balance Sheet Management, or Financial Risk within a large, complex financial institution.
• Demonstrated experience operating at scale within a GSIFI or similarly regulated global firm.
• Deep expertise in capital management, resolution planning, and regulatory engagement
• Strong competency in developing sustainable production and control processes
• Proven ability to engage credibly with Boards, regulators, and senior executives.

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 fit.

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

Salary Range:

$225,000 - $337,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

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.

Discover more information on jobs at StateStreet.com/careers

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Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.