What are the responsibilities and job description for the Business Information Security Officer- VP position at State Street?
Who We Are Looking For
The Vice President, Business Information Security Officer (BISO) provides cyber risk management oversight to lines of business and legal entities within State Street, sitting within the first line of defense. The VP - BISO integrates into small team focused on providing cyber advisory services, executing a cyber book of work aligned to State Street business units, and delivering metrics and cyber-driven content that support the business’s enhanced decision-making framework.
BISO roles and responsibilities span multiple domains, including Information Security and Risk Management, Cyber Incident and Response Management, Cyber Controls Analysis, and Cyber Reporting.
The Non-Technical Dimension: Trusted Advisor & Change Agent
The VP - BISO is a change agent and thought leader. They must build trust through information and transparency with senior executives, be able to present to the highest levels of leadership, with the appropriate blend of technical and business detail. As a critical partner to senior business leaders in the first line of defense, the incumbent must be skilled at influencing change to lead teams to further adopt cyber controls while reducing overall residual risk to their businesses.
The Technical Dimension
This role requires a strong technical background and the ability to understand emerging technologies, their purpose, security requirements, and benefits to a large financial firm. The VP is a strong cyber controls analyst who can correlate the firm’s cyber risk taxonomy to applicable business processes to conclude on the residual cyber risks aligned to business functions and critical business services, with practitioner-level depth in at least five security domain areas. They must understand threats and risk mitigations, perform cyber risk assessments at the application, platform, and system levels, and recommend solutions that protect the bank and strengthen its cyber resiliency and incident-response preparedness.
Why this role is important to us
Global Cybersecurity (GCS) manages cyber risk across State Street’s business entities by delivering timely, actionable insights that enable informed decision-making and strengthen the firm’s cyber risk culture. Within GCS, the Business Information Security Officer (BISO) function is the trusted advisor that embeds security within the business, serving as the conduit between GCS and the business units — providing guidance on policy, standard, and control compliance, and promoting cyber awareness across the organization.
What You Will Be Responsible For
Aligned to the GCS BISO cyber technical skills model, the VP should demonstrate practitioner-level depth across at least five of the domains below and be able to answer probing questions and coach others.
Core Technologies
Skills
The BISO function upskills talent to manage current and emerging cyber risk, including evolving frontier-model AI risk. Candidates should be able to:
These skills will help you succeed in this role
$120,000 - $202,500 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
Read our CEO Statement
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 ID: R-793904
The Vice President, Business Information Security Officer (BISO) provides cyber risk management oversight to lines of business and legal entities within State Street, sitting within the first line of defense. The VP - BISO integrates into small team focused on providing cyber advisory services, executing a cyber book of work aligned to State Street business units, and delivering metrics and cyber-driven content that support the business’s enhanced decision-making framework.
BISO roles and responsibilities span multiple domains, including Information Security and Risk Management, Cyber Incident and Response Management, Cyber Controls Analysis, and Cyber Reporting.
The Non-Technical Dimension: Trusted Advisor & Change Agent
The VP - BISO is a change agent and thought leader. They must build trust through information and transparency with senior executives, be able to present to the highest levels of leadership, with the appropriate blend of technical and business detail. As a critical partner to senior business leaders in the first line of defense, the incumbent must be skilled at influencing change to lead teams to further adopt cyber controls while reducing overall residual risk to their businesses.
The Technical Dimension
This role requires a strong technical background and the ability to understand emerging technologies, their purpose, security requirements, and benefits to a large financial firm. The VP is a strong cyber controls analyst who can correlate the firm’s cyber risk taxonomy to applicable business processes to conclude on the residual cyber risks aligned to business functions and critical business services, with practitioner-level depth in at least five security domain areas. They must understand threats and risk mitigations, perform cyber risk assessments at the application, platform, and system levels, and recommend solutions that protect the bank and strengthen its cyber resiliency and incident-response preparedness.
Why this role is important to us
Global Cybersecurity (GCS) manages cyber risk across State Street’s business entities by delivering timely, actionable insights that enable informed decision-making and strengthen the firm’s cyber risk culture. Within GCS, the Business Information Security Officer (BISO) function is the trusted advisor that embeds security within the business, serving as the conduit between GCS and the business units — providing guidance on policy, standard, and control compliance, and promoting cyber awareness across the organization.
What You Will Be Responsible For
- Partner with senior business and technology leaders through timely data delivery to enable informed decision-making, prioritization, and risk-based trade-offs.
- Oversee and actively manage risks in line with risk appetite through continuous business unit engagement, escalating open risk items to aligned business leadership.
- Collaborate with key stakeholders to identify information assets and assess the protection needs requirements for the entire line of business and legal entity.
- Perform cyber risk assessments at the application / platform / system levels to identify vulnerabilities and potential threats, analyze impacts to the bank, and determine protections required via GCS standards.
- Represent the global cybersecurity organization as a member of business control committees, risk committees, and specialized forums.
- Prepare and deliver executive-ready presentations and briefings on protection-needs outcomes, threat models, and control results to mid- and senior-level leadership.
- Report significant changes in information security risk to the appropriate level of management on both a periodic and an event-driven basis.
- Serve as an on-call point of contact for cybersecurity governance matters as needed, facilitating risk-based decision making, incident guidance, and timely escalation of material issues.
Aligned to the GCS BISO cyber technical skills model, the VP should demonstrate practitioner-level depth across at least five of the domains below and be able to answer probing questions and coach others.
Core Technologies
- Cloud & modern platform security (Azure, AWS, or cloud principles; hybrid and multi-cloud)
- Networking and network security
- Security architecture fundamentals and control design effectiveness
- Operating systems
- Cryptography, encryption, and key management
- Patching and vulnerability management
- Cyber resiliency, incident response, and recovery (tabletop exercises, playbooks, after-action reviews)
- Data classification and data protection
- Secure communication protocols
- Identity and Access Management (IAM) / Privileged Access concepts
- Secure SDLC, secure engineering, and DevSecOps
- Third-party & supply chain security (vendor assessments, shared responsibility models)
- Security operations & monitoring (SOC / SIEM awareness, KPIs, posture reporting)
Skills
The BISO function upskills talent to manage current and emerging cyber risk, including evolving frontier-model AI risk. Candidates should be able to:
- Articulate the risks associated with Generative AI, and the differences between Generative AI, Agentic AI, and traditional Machine Learning.
- Demonstrate an understanding of model risk, frontier models, and the risk management around them.
- Understands how to measure risk, discuss trade-offs, and support risk-acceptance decisions in line with risk appetite.
- Familiarity with recognized standards and frameworks (e.g., NIST CSF 2.0, NIST SP 800-53, ISO 27001).
- Understanding of issue management, triage, remediation tracking, and residual-risk scoring.
These skills will help you succeed in this role
- Establish key relationships with business risk executives, third-party management, client relations, global technology services, second and third lines of defense, and internal regulatory teams.
- Translate technical risk into clear, actionable business terms for both technical and non-technical audiences.
- Experience working with dashboards and data-mining tools to build cyber risk profiles.
- Demonstrates continuous learning; stays current on emerging threats, technologies, and trends, and can explain how they keep up to date.
- Knows when to admit knowledge gaps and can describe how they would go about obtaining the needed information.
- Bachelor’s degree in computer science, or a related technical field — or equivalent work-aligned experience.
- CISSP or CISM strongly preferred. CRISC, CISA, SSCP, CCSP, CEH, or GIAC certifications highly valued.
- Ten or more years of progressive cybersecurity and risk leadership, including governance, risk, and compliance preferably within regulated financial services. Technical cybersecurity background i.e. SOC, operations, networking, engineering, etc. preferred.
- Demonstrated ability to influence executives, translate technical risk into business language, and operate across audit, regulatory, and third-party risk domains. Strong analytical and strong interpersonal skills including active listening, dependability, and teamwork.
- Hybrid work arrangement, according to location
- 9-5 EST working hours
- Off hours on call required as needed
$120,000 - $202,500 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
Read our CEO Statement
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 ID: R-793904
Salary : $120,000 - $202,500