Operational Risk - Manager

Who we are looking for

Looking for Operational Risk professional to support the Business Risk Management Team as BRM Business Aligned Lead and act as the business risk point of contact; facilitating engagement/collaboration with BRM pillars as needed.  Responsible for a specific business function within Global Delivery as the main contact for all risk related matters.

Why this role is important to us

The team you will be joining - Global Delivery – Business Risk Management, a part of first line of defense plays an important role in the overall success of the organization. The role of the BRM Business Aligned Lead is to advise, provide guidance, and challenge the business in all matters relating to the risk ecosystem, compliance and alignment with corporate policies. The business aligned representative is a partner to the business to ensure accurate representation of risk, escalation and intervention. The business aligned representatives work closely with the central pillars within BRM to provide complete support and risk governance to the business units within Global Delivery.

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 you will be responsible for

• Facilitating or participating in risk meetings
• Under general supervision, providing input/advising on risk and controls as relates to the specific business function including providing input/challenge on remediation plans relating to issues and incidents
• Collaborating across BRM and the Business to implement and complete BRM initiatives (e.g. RCSA, BPM, Issues and incidents, control recertification, Regulatory requirements)
• Represent BRM in any Business specific forums, meetings and reviews (e.g. Functional leadership meetings, ERM TRA's, audit kick offs and closure meetings)
• Escalate key risks, controls and incidences as needed to BRM functional leads / Leadership team and to functional business management.
• Execute on processes to ensure appropriate analysis of incidents and issues, including root cause and trend analysis.
• Continuously assess and propose opportunities to enhance risk management processes and controls improvement and provide guidance to business on design and application of key controls, procedures and best practices.
• Advise the business locally on the implications to operations of regulatory change.

What we value

These skills will help you succeed in this role

• Broad-based experience focused in risk management, regulatory compliance, control programs
• Good understanding of financial services and investment products.
• Excellent written and verbal communication skills
• Problem solving & analytical skills
• Ability to work on MS Office (Excel, Word and PPT)
• Understanding of Operations in the Financial Industry
• Advanced excel and presentation skills
• Knowledge and experience in relevant emerging technologies will be an added advantage

Education & Preferred Qualifications

• Graduate degree in Finance
• University degree in Business majoring in Accounting, Finance/Financial-related programs and Risk Management or equivalent experience would be preferred
• Overall experience of 9+ years with a Banking organization of which at least 2-3 years should have been with the First or Second line of Defense

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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