Who we are looking for
We are looking for a business risk professional that will be part of the Business Risk Management Central Control team leading the execution of various program oversight.
The individual will require the ability to manage stakeholder expectations and working closely with a wide cross section of business units within the State Street organization. The individual will be required to establish positive relationships with second (Compliance) and third line of defense (Legal & Internal Audit).
Why this role is important to us
The team you will be joining is the CAO’s Business Risk Management’s Policy Governor’s team in the first line of defense providing policy and standard ownership, program oversight, control execution and business unit partnership for a variety of centrally managed programs.
This position will function as a valued partner to the business to assist the organization with executing the efforts set forth by the Policies and Standards. This position will provide the employee the opportunity to gain experience about many facets of State Street businesses regarding risks and controls.
What you will be responsible for
- Oversight for any of the programs Business Risk Management supports
- Develop deep knowledge of associated regulations and Policies understanding the impact to your role and responsibilities
- Participate in the update, communication and implementation of Policies and Standards
- Execute monthly, quarterly, and yearly controls while maintaining a repository of oversight documentation and evidence. Ensure easy access and retrieval of such information to show timely and accurate compliance with the Policies and Standards for requests from Compliance, Audit, and Regulators
- Prepare quarterly reviews, key metrics, and disseminate business unit and senior management reporting
- Create and ongoing review of standard operating procedures (SOP) and supporting documents ensuring accuracy and adherence to company style guidelines and industry standards.
- Coordinate and prepare data to assist with leading monthly business unit meetings
- Manage central mailbox queries and escalate as required
- Proactively manage issues, risks, and escalations
- Maintain SharePoint sites for associated programs
- Conduct other ad-hoc activities related to program oversight
Education and Preferred Qualifications
- Overall experience of 8+ years in financial industry, with preferably 4 years of experience in Risk Management or Business Office roles
- Ability to work in a fast paced, detailed, and deadline-oriented environment and be an adaptive learner
- Excellent attention to detail
- Strong problem solving and prioritization of tasks
- Willingness to take initiative
- Work both independently and collaboratively
- Strong analytical and prioritization skills
- Strong time management and organizational skills
- Able to operate in areas of uncertainty and ambiguity
- Strong interpersonal skills; excellent oral and written communication skills
- Ability to effectively challenge and influence
- Flexible to adopt situation-based decisions, should be goal oriented thinker, with ability to identify creative ideas & solutions
- Firsthand experience with Microsoft Office tools
- SharePoint design skills are desired
- Bachelor’s degree required
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