Who we are looking for
An experienced risk professional, who has worked in Financial Services industry or Investment banks and can support in overall implementation of the Risk Management framework for State Street India, in accordance with regulatory expectations and ERM policies, standards and guidelines. The candidate will be in Second Line Risk oversight team for State Street India’s Risk landscape.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like ours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.
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
- As an Officer in Enterprise Risk Management Team, your primary responsibility will be to support the team for risk oversight of business and corporate functions within State Street India. You will be responsible to-
- Collate risk dashboard metrics and monitors threshold limits to assess the risk scorecard for entity
- Provide assistance in the development and implementation of operational key risk indicators for India in consultation with Business and Operations Teams
- Work with senior business executives to understand and manage enterprise and operational risks and assist in mitigating the risks
- Provide independent challenge from second line of defense in risk assessment programs
- Work with cross functional teams to drive Risk Excellence Campaigns to to create risk awareness across the organization
- Support the ORM programs such as Targeted Risk Assessments/ Incident Post Mortem reviews, Conducting SWAT calls for material incidents, develop and monitor risk using operational key risk indicators
- Lead and maintain reports from Risk Committee Meetings
- Co-ordinate and manage risk governance committee including setting the agenda in coordination with Head of ERM and preparation of governance committee packs
- Aggregate and monitor risk exposures across India. Escalate significant and above tolerance risks to India and Global Risk Committees.
- Apply State Street’s Operational Execution suite of risk program across India to deliver better risk
- Outcomes
- Coordinate with Business on risk mitigation efforts in response to high impact operational risk events, including investigation and advice on the design of effective remediation plans.
- Promote a strong risk culture in State Street India, including awareness and compliance with ERM policy requirements.
- Maintain the highest standards of conduct and integrity.
- High level of personal commitment to each task, can-do attitude, and a drive to deliver.
- Develop a good understanding of the business and organization as a foundation for effective
- advice and challenge.
- Proactive approach to problem solving, delivering results and finding better ways.
- Lead or support global, regional and India level ERM projects.
What we value
These skills will help you succeed in this role
- Problem solving, and decision making skills
- Excellent communication skills. Ability to communicate with all levels of personnel across the organization.
- Presentation skills. Ability to create and deliver clear, persuasive, well-structured presentations appropriate to the audience.
- Strong data analysis and data interpretation skills.
- Strong MS Office skills (Excel, Access, Word, PowerPoint) with the ability to streamline data, design, and standardize risk reporting
- Proven experience working in a matrixed organization, leading cross functional projects.
- Ability to work independently under minimum supervision juggling between multiple competing priorities
- Ability to manage time effectively.
Education & Preferred Qualifications
- Bachelor’s degree or equivalent. MBA or CA qualified would be ideal
- Minimum of 7+ years of overall work experience in financial services including 5+ years of experience in risk management experience
- Relevant professional qualifications/ certifications in risk management will be a plus
- Proficiency in MS office suite, knowledge on Tableau would be preferred
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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