# Head of Non-Financial Risk Management, Markets & Corporate Functions (SVP) at State Street

State Street is hiring a Head of Non-Financial Risk Management, Markets & Corporate Functions (SVP) in Boston, United States. It pays $225k-$338k a year and Level rates it Little AI ●○○○; you can [apply on State Street](https://jobsbylevel.com/go/48b30cfe-b434-4eb4-abbe-089159a7f838?utm_medium=ai-agent).

AI Level 1, AI centrality 38 out of 100. Boston, Massachusetts.

## Details

- Company: [State Street](https://jobsbylevel.com/companies/state-street)
- AI level: AI Level 1 (score 38 out of 100)
- Location: Boston, Massachusetts
- Salary: $225k-$338k
- Posted: October 21, 2026
- Apply: https://jobsbylevel.com/go/48b30cfe-b434-4eb4-abbe-089159a7f838?utm_medium=ai-agent

## Description

Senior Vice President, Head of Non-Financial Risk Management (NFRM), Markets & Corporate Functions Role Summary The Senior Vice President, Head of Non-Financial Risk Management (NFRM), Markets & Corporate Functions is a senior executive responsible for leading Second Line Oversight for Compliance and Operational Risk across State Street’s Markets business and designated Corporate Functions. Reporting directly to the Chief Compliance and Operational Risk Officer (CCORO), this role provides strategic leadership, independent challenge, and risk oversight to ensure that non-financial risks are effectively identified, assessed, monitored, mitigated, and reported in alignment with regulatory requirements, enterprise policies, and business objectives. The role oversees integrated NFRM activities supporting the Markets business, including trading, foreign exchange, financing, portfolio solutions, research, and technology-enabled market platforms, as well as Corporate Functions including Finance, Legal, Marketing & Communications, Corporate Audit, and Corporate Governance functions. Global Human Resources and Global Security are excluded from the scope of this role. As a member of the NFRM leadership team, this executive serves as a trusted advisor and strategic partner to senior business leaders, provides independent challenge to the First Line of Defense, and acts as a key stakeholder in governance forums and regulatory engagement. Key Responsibilities Strategic Leadership Lead and continuously enhance the NFRM program across Markets and Corporate Functions (excl. GHR and Global Security), ensuring alignment with enterprise risk frameworks, regulatory expectations, and industry best practices. Serve as the senior Non-Financial Risk executive for Markets and Corporate Functions, providing strategic guidance, independent oversight, and credible challenge to business and functional leadership. Advise senior executives on emerging risk, regulatory developments, control effectiveness, and risk-informed decision making. Promote a strong culture of accountability, transparency, and proactive risk management across areas of oversight. Compliance Risk Oversight Oversee a comprehensive Compliance program supporting the Markets business and Corporate Functions, including risk assessment, monitoring, testing, issue management, and regulatory change management activities. Provide advice and challenge regarding applicable laws, regulations, regulatory guidance, and internal policies impacting business activities. Ensure effective identification, assessment, escalation, and remediation of compliance risk and regulatory matters. Lead engagement and coordination with regulators on compliance-related examinations, inquiries, reviews, and remediation efforts. Provide periodic reporting and assessments to senior management, governance committees, and other oversight bodies. Operational Risk Oversight Provide Second Line Oversight for Operational Risk across Markets and Corporate Functions, including risk identification, assessment, escalation, reporting, and remediation. Oversee independent review and challenge of First Line risk management practices, risk and control assessments, issue management, incident management, loss events, scenario analysis, and lessons learned activities. Monitor existing and emerging operational risks, identify material trends, and ensure appropriate management action plans are developed and executed. Promote operational resiliency and sustainable control environments across areas of responsibility. Governance & Stakeholder Engagement Represent NFRM in key business, functional, and enterprise governance forums. Provide effective challenge and escalation of material risk matters while supporting informed business decision-making. Deliver integrated reporting on regulatory, compliance, and operational risk themes, trends, and emerging risks. Maintain strong partnerships with Enterprise Risk, Legal, Corporate Audit, Technology

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/head-of-non-financial-risk-management-markets-corporate-functions-svp-at-state-street-f79448

Source: https://jobsbylevel.com/jobs/head-of-non-financial-risk-management-markets-corporate-functions-svp-at-state-street-f79448

## Cite this page

Level. https://jobsbylevel.com/jobs/head-of-non-financial-risk-management-markets-corporate-functions-svp-at-state-street-f79448.

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