Operational Risk, AVP (Finance)
Job Description: The Enterprise Resiliency Office has an opening for an Operational Controls and Risk, AVP on the Resiliency Reporting and Governance team. This role will assist with operational risk activities such as control testing and the issue management process. Candidates for this position should be interested in helping to grow the operational risk resiliency program within ERO.
Job Description:
- Serve as the ERO partner/ point of contact for risks, controls, and issues within ERO and to various groups such as Compliance, Enterprise Risk Management and GTS counterpart teams.
- Report on and Monitor the ERO Issue Management process, including Archer Finding record updates and reporting.
- Oversee and support the ERO Archer risk taxonomy and control inventories as Co - Control Steward; self-testing of ERO owned controls; and function as an Archer expert.
- Assist in the build out and maintenance of ERO risk management process flows.
- Support and assist with control record additions and/ or updates to the ERO control inventory in Archer.
- Co-Coordinate the Annual Control Certification process in Archer.
- Perform targeted self-testing of ERO owned controls, including follow up with the team to develop action plans to remediate identified control issues.
- Assist in coordination of and preparation for exams with Corporate Audit and Regulators
- Support and assist in reviewing updates to existing or new Corporate Policies and Standards to determine control impact on ERO and necessary steps to comply.
- Support any relevant management reporting efforts, including record retention inventory maintenance.
- Participate in program planning and management, including assisting with the analysis of deliverables tracking, change requests, and reporting.
- Ensure documentation is complete, current, and stored appropriately.
- Participate in project meetings effectively with stakeholders of various levels across the firm.
- Be willing to take on additional responsibilities as requested.
What we value:
- Collaborative by nature with the ability to work and communicate effectively with local and global teams, including the flexibility to work within global deadlines.
- Take ownership, initiative and successfully navigate within a fast-paced and international environment of a leading global financial institution.
- Ability to multi-task and work independently in a dynamic environment.
- Have ability and motivation to master key concepts and themes in an evolving regulatory environment with minimal oversight.
- Have high degree of efficiency, attention to detail and focus on efficient and accurate execution.
- Have a positive attitude that motivates and inspires others.
Education and Preferred Qualifications
- Bachelor's degree in accounting, finance, business-related field, or relevant experience
- 3 - 5 years' Experience across Operations, Risk Management and / or Audit roles
- Industry specific certification such as a CIA, or Risk Management designation is a plus.
- State Street experience is also a plus.
- Advanced proficiency in GRC tool - Archer and Excel, MS Office
- Strong verbal and written communication skills
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
Why this role is important to us
Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We're driving the company's digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.
We offer a collaborative environment where technology skills and innovation are valued in a global organization. We're looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.
Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.
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.
Salary Range:
$90,000 - $142,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Salary Minimum: 90000Salary Maximum: 142500