Job Description
State Street Corporation is seeking an Officer join the Regulatory Reporting Governance (RRG) team. The RRG team is responsible for the governance and oversight over regulatory reporting. Some of the key responsibilities for the RRG team include: create process documentation, set policies and guidelines over key controls, monitor and communicate regulatory reporting policy updates and other changes, provide regulatory reporting focused training, report issues and performance metrics to senior management, and other ad hoc regulatory reporting projects. This position will provide visibility to regulatory reporting and beyond, since the RRG team works with numerous functions with State Street Corporation to enhance oversight and governance around end-to-end regulatory reporting processes.
Main responsibilities will include:
- Establish and implement governance framework
- Review workpapers, mentor and coach junior members of team
- Creation of training materials on regulatory reports
- Stay up to date with changes in regulatory requirements and assist implementing them
- Lead issue management, track remediations and present it to senior leadership
- Assist reporting teams in maintaining controls and governance activities
- Liaise and manage Stakeholders outside and inside the team. Acts as senior contact for queries/ concerns received from stakeholders
- Lead internal audits, team meetings and perform and/or manage various ad-hoc projects and procedures as necessary
- Assist in compiling performance metrics as part of the regulatory reporting scorecard framework
- Troubleshoot and improvise plan of action for any challenges
- Identify areas of improvement and lead projects along with team members
Qualifications:
- 10+ years working experience in accounting or regulatory reporting functions in a financial institution
- External Fed reporting experience a plus
- MBA/CA/CPA is a plus
- Strong written, communication, and presentation skills, including the ability to liaise with and influence senior subject matter experts
- Must have strong organizational skills
- Must demonstrate sense of ownership and accountability for work
- Ability to multiple task and work within tight deadlines
- Works collaboratively, and builds effective working relationships & promotes teamwork
- Strong interpersonal, quantitative and analytical skills and a high proficiency with MS Excel, Word, PowerPoint
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