Full-Time

Regulatory Exam Lead

Vice President, Hybrid

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$135k - $210kAnnually

Senior

Company Historically Provides H1B Sponsorship

Boston, MA, USA + 3 more

More locations: Stamford, CT, USA | Montclair, NJ, USA | New York, NY, USA

Hybrid model: 4 days in-office and 1 day work from home.

Category
Risk & Compliance
Legal & Compliance
Requirements
  • Experience as Bank Regulator or Examiner strongly preferred
  • Minimum 7-10 years' management in financial services experience in any of the following disciplines: Compliance, Audit, or equivalent work experience
  • Sound understanding of at least one risk discipline. E.g., Financial or Non-Financial Risks
  • Bachelor’s Degree preferred.
  • Ability to work across multiple internal stakeholders at varying levels of seniority
  • Demonstrated effective written and verbal communication skills, including the ability to communicate technical topics in concise terms
  • Ability to manage multiple projects and deadlines simultaneously
Responsibilities
  • Be responsible for examination planning and supporting pre-examination readiness exercises, focusing on a risk discipline, i.e. Financial or Non-Financial risk.
  • Reviewing regulatory exam requests and providing a review/evaluation of the quality, accuracy, sufficiency and completeness of regulatory responses and ensuring adherence to enterprise-wide requirements
  • Establishing regular preparation meetings with the target business unit(s) in advance of an examination
  • Preparing briefing notes and read-outs of examination meetings.
  • Coordinating with multiple teams across disciplines and regions to meet exam deliverables.
  • Compiling, tracking, and communicating on regulatory guidance, themes and focus areas that could impact examinations.
  • Working with senior management to analyze examination requests and provide direction for effective approach to examination requests.
  • Maintaining metrics regarding examination request responsiveness. Schedule and facilitate meetings between the business and examination team.

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, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to innovation and leadership, particularly in promoting gender diversity and inclusion within the workplace. The goal of State Street is to provide high-quality financial services while fostering an inclusive environment for its employees.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-10%

2 year growth

-10%
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.

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