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Full-Time

Technology Risk

Assistant Vice President-2

Posted on 9/16/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$90k - $142.5kAnnually

Senior, Expert

Quincy, MA, USA

Category
Cybersecurity
IT & Security
Required Skills
Management
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Computer Science/Information Systems, Risk Management or a related field, or equivalent experience
  • Candidate has a minimum of 5+ years of experience with IT risk, audit or technology operations
  • Professional designation a plus (e.g. CISA, CISM, CISSP, CRISC)
  • Knowledge of IT frameworks such as NIST, ISO, COBIT, ITIL a plus
  • Proficient in Microsoft Office suite including data analytics in Excel and/or Access
  • Experience with IT GRC platforms (Archer)
Responsibilities
  • Evaluating and testing the design and effectiveness of internal controls.
  • Completion of control assessment workpapers in compliance with corporate methodology.
  • Lead initiatives relative to controls identification, controls writing, optimization and assurance.
  • Execute control testing, raising observations for formal management review.
  • Identifying opportunities in process, implementing efficiencies and strengthening the control environment by leveraging both risk management and technology knowledge.
  • Provide transparency into work progress through regular status updates.
  • Help drive maturity of assurance practices through training, mentoring and collaboration.
  • Staying abreast of industry developments including but not limited to changes in regulations.
  • Developing overall product / business unit knowledge of State Street Corporation over time.
  • Coordinating or leading various ad-hoc requests, projects.

State Street Corporation provides asset management and custody banking services to institutional investors, including mutual funds and pension funds. Its division, State Street Global Advisors, manages investment portfolios and offers advisory services tailored to clients' financial goals. The company distinguishes itself through its commitment to innovation and promoting diversity and inclusion within its workforce. State Street aims to deliver high-quality financial services while fostering a supportive and inclusive culture.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street's strategic acquisitions, such as stakes in BWP Trust and Australian Clinical Labs, indicate robust growth and expansion opportunities.
  • The company's exploration of blockchain-based payment solutions, including stablecoin and token launches, positions it at the forefront of financial technology innovation.
  • State Street's strong leadership team, with recent high-profile appointments, underscores its commitment to maintaining a competitive edge in the industry.

What critics are saying

  • The competitive nature of the financial services industry requires State Street to continuously innovate to maintain its market position.
  • Regulatory challenges and compliance issues, especially with new ventures like stablecoin and token launches, could pose significant risks.

What makes State Street unique

  • State Street's focus on institutional investors, including mutual funds and pension funds, sets it apart from competitors who may target a broader audience.
  • The company's commitment to innovation, such as exploring stablecoin and token launches, demonstrates its forward-thinking approach in the financial services industry.
  • State Street's emphasis on diversity and inclusion, highlighted by initiatives like WomenInFinance, distinguishes it as a leader in fostering a supportive and inclusive workplace.
INACTIVE