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State Street

Holds assets for institutions and runs index funds

Business Controls Specialist - Officer

Internal Audit & ControlsConfirmed live in the last 24 hours
Full-timeKraków, Poland

About the Job

Requirements

  • A bachelor's degree, with exposure to compliance programs, internal or external audit, legal and regulatory matters, risk management, or controls within financial services.
  • A minimum of 2 years of relevant asset management industry experience, with working knowledge of investment management, risk management, or financial services controls.
  • Proficiency in PowerPoint, Excel, and Word.
  • Strong collaboration and stakeholder management skills.
  • Professional written and verbal communication skills.
  • Ability to work effectively across functions, regions, and levels of the organization.
  • Strong organizational skills and attention to detail.
  • Sound judgment and problem-solving capabilities.
  • High initiative and ownership, with the ability to prioritize workload effectively.
  • Ability to execute key deliverables and independent projects with limited supervision.

Responsibilities

  • Oversee and coordinate Most Favored Nation obligations and related governance activities.
  • Manage client attestation processes and responses.
  • Support broader compliance, regulatory, audit, and risk management activities.
  • Partner cross-functionally with Legal, Compliance, Risk, Contracting, Sales, and other business teams.
  • Work collaboratively with a global team to build and maintain consistent standards for Business Controls.
  • Support the implementation and execution of first-line business controls.
  • Conduct monitoring activities; review, assess, and report policy and procedure breaches and near misses; and lead or support remediation activities.
  • Assist with error reporting and oversight of client communications when required.
  • Develop calendars for governance activities and training programs.
  • Maintain and update desktop guides and global procedures.
  • Assist with control testing and support colleagues with implementation of the global Business Controls framework.
  • Own the review of marketing materials in accordance with the internal controls framework.
  • Ensure information about meaningful regulatory developments and their potential impact is disseminated across the global team and relevant regions.
  • Assist in resolving sales practice-related issues and support administration and implementation of the internal controls framework in collaboration with key stakeholders and business partners.
  • Support key project initiatives, continuous improvement of the Business Controls framework, business impact analysis of regulatory risk assessments, and supervisory programs.

Desired Qualifications

  • Understanding of AI technology, including Microsoft Copilot, as well as Tableau, SharePoint, Archer, and OneDrive.
  • Experience in fund governance, compliance, audit, or a related function would be advantageous.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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