Portfolio Surveillance & Risk Oversight, Vice President

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

• Set strategic direction and maintain oversight of portfolio surveillance across Stable Value and certain Private Markets portfolio(s)
• Lead annual, periodic, and event‑driven surveillance processes, including LP ratings, portfolio review, and identification of emerging risk indicators.
• Oversee quarterly and ad‑hoc surveillance reporting, ensuring accuracy, consistency, and executive‑level readiness.
• Ensure consistent application of credit policies, risk frameworks, and control standards across both businesses.
• Serve as the senior point of contact with internal audit, risk management, and regulatory stakeholders on surveillance-related matters.
• Partner with business unit heads and relationship managers to support portfolio growth while maintaining disciplined portfolio surveillance oversight, strong documentation and process transparency. 
• Drive enhancements to surveillance processes and reporting, including transition from offline tools to enterprise platforms (e.g., Mercatus, truView).
• Provide thoughtful leadership for surveillance analysts, including coaching, performance management, workload planning, and development.
• Support hiring and team capacity planning to ensure coverage, continuity, and long‑term scalability of the surveillance function.

What we value

• Strong risk assessment capabilities, with the ability to identify emerging risks, connect dots across portfolios, and escalate issues with clarity
• A disciplined, control‑minded approach to governance, documentation, and consistent application of policy and framework standards.
• Executive‑ready communication—concise, accurate surveillance reporting and the ability to influence across senior stakeholders.
• A collaborative leadership style that develops talent, sets clear expectations, and builds a high‑performing team culture.
• A continuous‑improvement mindset—simplifying processes, leveraging enterprise tools, and driving scalable ways of working.
• Technical expertise to modernize reporting and translate data into clear, decision‑useful business insights.
• Sound business partnership—balancing portfolio growth priorities with disciplined surveillance oversight and constructive challenge.

Education & Preferred Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or related discipline
• 10+ years of experience in portfolio surveillance, risk monitoring, or financial risk management
• Strong expertise in credit analysis, counterparty risk, and portfolio monitoring
• Demonstrated experience producing risk/surveillance reporting for senior management
• Experience supporting third line or regulatory reviews
• Proven people leadership experience
• Strong written and verbal communication skills with high attention to detail and governance discipline
• Familiarity with enterprise risk platforms (e.g., SVS, truView, Mercatus, RWS )

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:

$120,000 - $217,500 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.