Emerging Lead - Compliance Program Methodology & Operations

Who we are looking for:

The Compliance Program Methodology and Operations (“CPMO”) Emerging Lead will assist the global team in the Global Regulatory Change Management (GRCM) and Regulatory Readiness Programs.  The Team Lead will assist the team in managing day to day work related to all aspects of regulatory obligation, Ad hoc projects.

The selected candidate will assist the team in supporting the Global Regulatory Change Management (GRCM) program and Archer Regulatory Change Management (ARCM) procedure. Collaborate with the global team to support the strategic projects and day to day work related to all aspects of GRCM and ARCM. Assist other Compliance Advisory personnel to support regulatory change analysis and regulatory obligation change requests and reporting in Archer.

Collaborate with the global team in managing strategic projects and day to day work related to all aspects of GRCM and ARCM.

The remit of the CPMO team is global, high profile and fast-paced. This position is an excellent growth opportunity for the right candidate and provides visibility to senior members of Corporate Compliance. The role involves frequent interaction with management of State Street, thus exceptional executive presence, verbal and written communication skills are critical.

Why this role is important to us.

The role involves identification of Regulatory Changes (using vendor solutions such as the Cube Regtech platform) deriving from State Street’s products, services, entities and jurisdictions of operation. Documentation of Regulatory Obligations and the maintenance of the Regulatory Obligation and Regulator inventories in the system of record (Archer X)

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

• Provide day-to-day support for the Global Regulatory Change Management (“GRCM’) and new Regulatory Readiness Program
• Support production of management reporting and escalation emails, including but not limited to data collection, qualitative and/or quantitative analysis, formatting and quality assurance on a monthly and quarterly basis
• Support implementation of Cube platform to perform and execute monitoring of State Street’s regulators as part of the GRCM Program
• Continue to work with our CPMO team and the Archer and Cube teams to further integrate our platforms and procedures to align our regulatory obligations and regulatory change data and oversight
• Assist compliance advisory personnel on various aspects of the GRCM and ARCM programs in processing the request, also by answering the team mailboxes and participating in working group meetings
• Support oversight and control activities, and produce reporting metrics/ dashboards, on a monthly and quarterly basis.
• Review ARCM requests to validate accuracy and completion of request and process changes to the Archer regulatory obligation inventory

What we value:

These Primary skills will help you succeed in this role:

• 5-6 years of relevant experience in Banking or Financial Services, background in Compliance/Risk/Legal beneficial
• Strong computer skills including advanced excel spreadsheet functionality
• Able to analyze/interpret data and present data based on specific stakeholder requirements-Advanced Excel experience preferred
• Independent worker who takes a high level of initiative and ownership of responsibilities, has a sense of urgency, and proactively works to gain a thorough understanding of all regulatory requirements and associated deliverables and deadlines
• Exceptional attention to detail with strong interest in regulation analysis and project management
• Able to work collaboratively and professionally to obtain information from others
• Strong written and verbal communication skills
• Able to work calmly and effectively under pressure, with last minute changes and deadlines
• Positive attitude; responsive to requests
• Flexible, open to change and willing to learn new processes and systems such as Archer, Cube
• Provide support on documenting the regulatory changes in the Archer X tool.

Work Environment

• Working hours: 12pm to 9pm or 2pm to 11pm
• Mandatory work from office requirements - 4 days
• International environment
• Multitasking environment with the need for strong flexibility
• Extended working hours based on business requirements.

Education & Preferred Qualifications

• Bachelor’s Degree

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.

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