State Street
Vice President, Compliance – Wealth Custody and Clearing
State Street, Boston, Massachusetts, us, 02298
Vice President, Compliance – Wealth Custody and Clearing
About the Role
The Vice President, Compliance is responsible for leading and overseeing the compliance function within Wealth Custody and Clearing. This role ensures adherence to regulatory requirements, internal policies, and industry standards, while proactively identifying, assessing, and mitigating compliance risks across all business activity.
Responsibilities
Develop, implement, and maintain a robust compliance program for Wealth Custody and Clearing, aligned with regulatory expectations (SEC, FINRA, CFTC, etc.) and State Street’s internal standards.
Monitor changes in laws, regulations, and industry practices; assess impact and ensure timely adaptation of compliance policies and procedures.
Lead compliance risk assessments, gap analyses, and control testing to identify areas of exposure and recommend remediation strategies.
Oversee regulatory reporting, audits, and examinations; coordinate responses and ensure timely resolution of findings.
Advise senior management and business partners on compliance matters, providing guidance on new products, services, and strategic initiatives.
Collaborate with Risk, Legal, Operations, and Technology teams to ensure integrated risk management and compliance oversight.
Design and deliver compliance training and awareness programs for staff and stakeholders.
Manage compliance investigations, incident reviews, and escalation processes.
Prepare and present compliance metrics, dashboards, and reports to executive leadership and relevant committees.
Represent the business in regulatory engagements, industry forums, and external audits.
Qualifications
Bachelor’s degree required; advanced degree (JD, MBA, or related) preferred.
FINRA, Series 7, 63, 24, 55 preferred.
10+ years of experience in compliance, regulatory risk, or related functions within financial services, preferably in custody, clearing, or wealth management.
Deep knowledge of relevant regulations (SEC, FINRA, CFTC, AML, OFAC, etc.) and industry best practices.
Proven track record in designing and managing compliance programs, regulatory reporting, and audit management.
Strong analytical, problem‑solving, and project management skills.
Excellent communication, leadership, and stakeholder management abilities.
Experience with compliance technology, data analytics, and process improvement initiatives.
Salary & Benefits $110,000 - $188,750 Annual
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.
Equal Opportunity Employer Statement 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.
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.
Job Details
Seniority level: Not Applicable
Employment type: Full‑time
Job function: Legal
Industries: Financial Services, Investment Banking, and Investment Management
Additional Information Job ID: R-781441
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Responsibilities
Develop, implement, and maintain a robust compliance program for Wealth Custody and Clearing, aligned with regulatory expectations (SEC, FINRA, CFTC, etc.) and State Street’s internal standards.
Monitor changes in laws, regulations, and industry practices; assess impact and ensure timely adaptation of compliance policies and procedures.
Lead compliance risk assessments, gap analyses, and control testing to identify areas of exposure and recommend remediation strategies.
Oversee regulatory reporting, audits, and examinations; coordinate responses and ensure timely resolution of findings.
Advise senior management and business partners on compliance matters, providing guidance on new products, services, and strategic initiatives.
Collaborate with Risk, Legal, Operations, and Technology teams to ensure integrated risk management and compliance oversight.
Design and deliver compliance training and awareness programs for staff and stakeholders.
Manage compliance investigations, incident reviews, and escalation processes.
Prepare and present compliance metrics, dashboards, and reports to executive leadership and relevant committees.
Represent the business in regulatory engagements, industry forums, and external audits.
Qualifications
Bachelor’s degree required; advanced degree (JD, MBA, or related) preferred.
FINRA, Series 7, 63, 24, 55 preferred.
10+ years of experience in compliance, regulatory risk, or related functions within financial services, preferably in custody, clearing, or wealth management.
Deep knowledge of relevant regulations (SEC, FINRA, CFTC, AML, OFAC, etc.) and industry best practices.
Proven track record in designing and managing compliance programs, regulatory reporting, and audit management.
Strong analytical, problem‑solving, and project management skills.
Excellent communication, leadership, and stakeholder management abilities.
Experience with compliance technology, data analytics, and process improvement initiatives.
Salary & Benefits $110,000 - $188,750 Annual
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.
Equal Opportunity Employer Statement 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.
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.
Job Details
Seniority level: Not Applicable
Employment type: Full‑time
Job function: Legal
Industries: Financial Services, Investment Banking, and Investment Management
Additional Information Job ID: R-781441
#J-18808-Ljbffr