Who we are looking for An individual who has expertise in compliance, business control or audit functions within the Financial Services sector, who possesses strong attention to detail and coordination capabilities, and who thrives in a fast-paced environment. It is a role from which a successful candidate may develop a career further in Compliance or in other risk and control areas.
Corporate Compliance supports the Board of Directors, senior management of State Street Corporation, and its affiliates in their responsibility to comply with laws and regulations applicable to State Street's global business activities and functions. The Compliance Department is an independent control function part of the Second Line of Defence (SLOD).
Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for As Compliance Analyst you will
Under limited supervision, work on various elements of a particular business units Compliance Oversight Program (COP).
Understand various risk assessment frameworks and formulate recommendations for compliance strategies based on accurate identification of potential business risks, franchise risks, reputational risks, and emerging risks.
Exercise discretion and judgment with regards to matters of significance, such as supporting production of management reporting, including but not limited to data collection, qualitative and / or quantitative analysis, formatting and quality assurance.
Work independently on specific assignments and consult with senior staff where clarification or exception to policy may be required.
Under limited supervision, act as coordinator for resolution of compliance issues.
Support communication to inform business units of regulatory developments and policy changes.
Act as primary contact/coordinator for regulatory exams and investigations.
Coordinate the implementation of controls with the business and management.
As requested, review work of others for technical accuracy and provide input with the goal of enhancing the teams efforts to mitigate regulatory risk.
Drive open and collaborative communications ensuring regulatory information is shared in a timely manner with key functions.
Share in the establishment/implementation of compliance training and education programs to keep business personnel apprised of compliance policies and regulatory obligations (inclusive of new employee induction training).
Actively participate in risk management projects.
Cultivate effective relationships with internal business partners to successfully achieve organizational goals globally.
Identify and report all risk and compliance issues, breaches and suspicious activities.
Complete assigned periodic training as required by corporate methodology (annually, quarterly, etc.).
What we value These skills will help you succeed in this role:
Strong analytical skills and strict attention to detail.
Excellent critical thinking skills.
Education & Preferred Qualifications
MA/ MSc/ BA/ BS degree (or equivalent experience) in a related field.
Minimum of 5-6 years of relevant work experience with risk, compliance, legal or audit functions within the financial services sector preferred.
Ability to communicate with and appropriately influence all levels of management.
Excellent interpersonal, communication (written and verbal), and presentation skills.
Excellent project management and organizational skills.
Strong customer focus.
Employee savings plan;
Premium life insurance package;
VIP medical package;
International operating environment;
Soft skills trainings;
Development sessions with a mentor;
Diversity of opportunities across a range of challenging and highly complex activities;
Technical or leadership career pathway.
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