Global Markets Business Risk, Officer

State Street Corporation
Boston, USA
23 Apr 2022
18 May 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
The State Street Global Markets (SSGM) business has established a Risk Management function that is focused on mitigating risk from within the first line of defense by providing oversight of business risks, central management of control programs and risk governance, establishment of reporting, implementation of corporate programs and business solutions related to operational, compliance and technology risks.
Who we are looking for
In this role, you will liaise on a regular basis with the Global Markets' business teams, Compliance, Enterprise Risk Management, Legal and Audit thereby complementing and building on the control and risk infrastructure already in place in Global Markets. Specifically, you will provide support for centrally managed activities on behalf of Global Markets including control management, regulatory change & policy implementation, management reporting & data analytics, as well as help drive the adoption of technology to improves productivity.
Your ability to be detailed originated, take initiative, exercise independent thinking, juggle multiple tasks, set priorities, and meet aggressive deadlines will be key in this fast-paced environment. Your strong interpersonal and organizational skills, and interest in working in a professional and team-oriented environment, will contribute to your success.
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us
The team you will be joining is a part of SSGM business unit. When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM's number one goal is to enhance and preserve our clients' portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.
Join us if making your mark in the capital markets industry from day one is a challenge you are up for

What you will be responsible for
You will be responsible for supporting the Business Risk Management team through the execution of the following responsibilities:
• Manage changes to the control inventory and central repository. Drive efforts to continually improve data quality.
• Produce management reporting and analytics with meaningful insights as to the risk and control environment
• Assist in the management of regulatory and policy changes, coordinating with relevant stakeholders, tracking status and escalating areas of concern
• Support and help drive the use of technology and tools to improve operational efficiencies
• Lead and contribute to risk and compliance related projects, collaborating with risk colleagues globally and managing deliverables
• Perform other tasks as required

What we value
These skills will help you succeed in this role
• Experienced working under tight deadlines with multiple deliverables
• High standard of quality which includes attention to detail, problem solving, analytics and accountability
• Strong communication, organization and time management skills
• Strategic thinking and ability to influence, collaborate and interact comfortably with multiple levels of the organization
• Self-motivated, adaptable, and willing to take on new challenges
• Intellectual curiosity and an enthusiasm for learning and development

Education & Preferred Qualifications
• BS, BA, BBA or equivalent work experience
• 3-5+ years in risk management, compliance, audit, control experience
• Knowledgeable about processes, risks and controls/control design and/or regulations
• Strong communication, influencing, and collaboration skills
• Excellent Microsoft Office skills
• Experience with programming languages, business intelligence tools, or other end-user technologies a plus
• Knowledge of Global Markets businesses and applications a plus

While this role has been advertised as being Boston based, we are flexible on other locations within the global footprint of the organization including (but not limited to) London.

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.
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COVID-19 Protocols: Complying with State Street's COVID-19 protocols is a condition of employment. Those requirements may vary depending on circumstances and legal requirements, and may include, without limitation, a requirement to be vaccinated (or have an accommodation), to disclose vaccination status, to provide evidence of vaccination status, etc.

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