Full-Time

Outsourcing Compliance Advisory Analyst

Officer

Posted on 1/27/2025

State Street

State Street

10,001+ employees

Asset management and custody banking services

Compensation Overview

$65k - $102.5kAnnually

Mid

Company Historically Provides H1B Sponsorship

Boston, MA, USA

Hybrid model: 4 days in-office and 1 day remote.

Category
Legal Consulting
Consulting
Required Skills
Word/Pages/Docs
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Demonstrates ability to assess internal control design and operating effectiveness
  • Analyzes numerical data and other sources of information to make rational judgments from the available evidence and analysis
  • Learns new tasks and commits information to memory quickly; gathers comprehensive information to support decision making; encourages an organizational learning approach (i.e. learns from successes and failures and seeks feedback)
  • Strong organization skills
  • Able to work collaboratively and professionally to obtain information from others
  • Flexible, seeking to learn new processes and systems such as Archer, CUBE
  • Technical Skills: Microsoft Office (Outlook, Word, PowerPoint, Excel); Share Point (Collaborate)
  • Bachelor’s degree or equivalent
  • 3+ years of work experience related to financial services audit, compliance, and/or bank regulations.
Responsibilities
  • Support the administration and execution of the Compliance Oversight Program, meeting key deliverables. This includes designing and performing monitoring activities over the First Line of Defense through Compliance Advisory Reviews
  • Monitor and analyze new and modified global regulatory changes that impact outsourcing and TPRM to support regulatory change analysis and potential impacts to State Street
  • Perform risk assessments and analyze business processes to identify potential control gaps or weaknesses
  • Assist with the preparation of reporting to Compliance Senior Management and the Business Risk Committee
  • Develop working relationships with other members of Compliance and Compliance leadership team and work collaboratively with the Business Risk Management Team
Desired Qualifications
  • Candidates who like change and innovation
  • Ability to see the bigger picture
  • Make data-driven decisions
  • Good team player

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, by leveraging its global expertise to deliver customized financial solutions. State Street generates revenue through management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Unlike many competitors, State Street emphasizes innovation and leadership, actively promoting gender diversity and inclusion within its workforce. The company's goal is to create a supportive environment that fosters leadership and emotional authenticity, enabling all employees to succeed.

Company Size

10,001+

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for ESG investing boosts State Street's asset management division.
  • Digital asset custody solutions present growth opportunities for State Street.
  • Popularity of ETFs aligns with State Street's index and ETF management offerings.

What critics are saying

  • Leadership instability with interim CFO may affect strategic decisions.
  • Integration challenges from Mizuho acquisition could disrupt service delivery.
  • Increased competition in proxy voting technology may impact market share.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is a leader in integrating ESG factors into investment processes.
  • State Street's commitment to innovation and inclusive leadership sets it apart.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Work Hours

Remote Work Options

Professional Development Budget

Tuition Reimbursement

Paid Holidays

Employee Referral Bonus

Company News

MarketBeat
Mar 2nd, 2025
Consilium Wealth Advisory LLC Invests $1.09 Million in State Street Co. (NYSE:STT)

Consilium Wealth Advisory LLC invests $1.09 million in State Street Co. (NYSE:STT).

MarketBeat
Mar 1st, 2025
Scotiabank Has Lowered Expectations for Healthpeak Properties (NYSE:DOC) Stock Price

State Street Corp acquired a new stake in Healthpeak Properties in the third quarter worth about $1,093,576,000.

Asset Servicing Times
Feb 28th, 2025
State Street acquires Mizuho's global custody businesses

State Street has partnered with Mizuho Financial group to acquire Mizuho's global custody and related businesses outside of Japan.

FF News
Feb 11th, 2025
Proxymity Secures $26M Funding Boost

Proxymity has secured $26 million in additional growth funding from existing investors, including BNP Paribas, BNY, Citi, Clearstream, Computershare, J.P. Morgan, and State Street. This funding supports Proxymity's innovative technology in proxy voting and shareholder communications. The capital will enhance technology and support geographic expansion. Investors express confidence in Proxymity's potential and its impact on transparency and efficiency in investor communications.

MarketScreener
Jan 17th, 2025
State Street Corporation Appoints Mark R. Keating as Interim CFO

State Street Corporation announced on January 14, 2025, the Board of Directors appointed Mark R. Keating as interim CFO, effective upon Eric Aboaf ?

INACTIVE