Who we are looking for

Global Credit Finance has established an operational Risk and Compliance function that is focused on risk management in the first line of defense through the implementation of controls, assessment of risks in change projects, and ongoing oversight. The function acts as a valued partner to the business in the identification, assessment, and mitigation of risk as well as the cultivation of a framework of practices that enables a balance of commercial considerations with the risk excellence objectives established by business leadership.

This position is well suited for an action-oriented individual with experience in business process analysis, managing multiple priorities, and risk management governance practices.

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 yours 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 a member of the Operational Risk and Compliance GCF team, you will

• Contribute to the execution of risk management programs including risk assessments (RCSAs), issue and incident management, key risk indicators and control monitoring, and risk acceptance.

• Build strong working relationships with the Global Credit Finance teams, the Business Risk function, and well as second and third lines of defense to identify process/control gaps and promote compliance with regulations and corporate policies and standards

• Take initiative to lead targeted projects to assess risk and control deficiencies as needed

• Provide support to business change initiatives and any related remediation of control gaps and deficiencies

What we Value

These skills will help you succeed in this role:

• High standard of quality which includes attention to detail, organization, problem solving, time management skills and accountability

• Demonstrated project management experience with ability to navigate complex issues

• Strategic thinking and ability to influence, collaborate and challenge across multiple levels of the organization

• Experience with business analysis, process improvement, Lean analysis, process flow mapping, etc. a plus

• Appreciation for teamwork and collaboration

Education & Preferred Qualifications

• Bachelor’s degree or equivalent

• 5+ years of experience in risk, compliance, audit, or related Governance role(s) within the financial services industry

• Strong business writing, communication, influencing, collaboration, and analytical skills

• Proactive, adaptable, and willing to take on new challenges

Are you the right candidate? Yes!

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.

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

Salary Range:

$80,000 - $132,500 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.

State Street’s Speak Up Line