Technology Risk Analyst

Who we are

It is an exciting time to join State Street Corporation (SSC) in the Enterprise Risk Management (ERM) organization as member of the Enterprise Technology Risk Management (ETRM) team. State Street is the industry leader in investment management, research & trading and servicing. ETRM is responsible for oversight, monitoring, and advisement around the management of IT risks across the State Street enterprise.

Do you have a strong business acumen, enjoy interfacing with stakeholders,, and managing processes? We want to hear from you!

Who we are looking for

As a technology risk analyst, you will have the opportunity to partner with your ETRM peers, as well as IT teams and business risk managers, to design, implement, and evolve various risk management processes and technical solutions to enable State Street to effectively and efficiently assess, manage, and improve its technology risk posture. The position is based in the Quincy, MA.

State Street Corporation (NYSE: STT), is the world’s leading provider of financial services to institutional investors, providing custody and management of their assets; accounting, daily pricing, and administration of their funds; the information and analytical tools used to make investment decisions; and the foreign exchange, cash management, credit, and electronic trading services that help them negotiate complex, global financial markets efficiently and effectively. 

What you will be responsible for

As Technology Risk Analyst, Officer you will be responsible for below areas

General Roles and Responsibilities

Operations

• Support the design, implementation, and maintenance of various processes and solutions to facilitate technology risk identification, analysis, and management

• Continuously improve processes and solutions through a regular change management cadence; maintain an inventory of proposed improvements

• Support the firm’s Technology Risk Acceptance program regarding day-to-day process execution, regular engagement with stakeholders across the firm, program-specific reporting, training/documentation/stakeholder support, engaging with IT teams to address solution issues, participating in solution testing, and supporting solution and/or process improvement activities

• Support the twice-annual Technology Material Risk Identification (MRI) process with senior IT leadership

• Support ad-hoc regulatory requests and risk assessment/analysis activities as needed

• Support ETRM’s engagement with Operational Risk Data Exchange (ORX) for Cyber Security

• ETRM is a diverse organization with many interconnected activities; accordingly, this role can also provide additional opportunity to the candidate based on career interest and skill set, including Power BI / data visualization, technical risk assessments, risk metric design, and/or business systems analysis (requirements gathering, solution design, etc.)

Communication, Education, Training

• Establish and maintain relationships with all business stakeholders and technical teams

• Provide training and on-going support to business stakeholders

• Prepare and maintain process documentation, data libraries, and training materials

• Develop an expertise around Archer Governance, Risk, and Compliance (GRC) and various other IT tools and systems

Education & Preferred Qualifications

Qualifications:

• 4+ years of experience in the financial, consulting or technology industries

• Bachelor’s Degree or higher in IT or related major

• Demonstrable experience in supporting high-visibility, high-impact projects and processes

• Background in IT, project management, process ownership, and risk management

• Exceptional organizational skills, communication skills, presentation skills, self-starter mentality, customer service, analytical reasoning, writing proficiency, and attention to detail required

• Ability to multitask and navigate competing priorities

• Strong proficiency with Microsoft PowerPoint, Microsoft Excel required

• Experience with Archer GRC, Microsoft SharePoint, and Microsoft Power BI software is a plus but not required

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:

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.

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