Who we are looking for:

We are looking for a candidate with risk management experience to become a Risk Controls Self-Assessment (RCSA) SME and support the RCSA discipline within Global Delivery and Investment Services CCO organizations. Ideally, we are looking for a candidate with business operations and risk management experience, the ability to effectively challenge the Business, and the ability to engage with senior management stakeholders.  Additional knowledge of business operations is a plus.

 

Why this role is important to us:

GS/IS BRM RCSA is a global Business Risk discipline that focuses on driving and executing the key requirements of the Risk Control Self-Assessment and Risk Unit Standard for the Global Delivery and Investment Services CCO business lines. This Includes coordination with global colleagues for execution of key requirements, continuous improvement of processes, advocation and participation as key stakeholder for process and risk unit improvements/changes (including corporate RCSA Redesign), support on process and continuous enhancement of reporting and governance to better position business to execute on key requirements.  The larger BRM team includes Assurance, Incident/Issue Management activities, Governance, Operational Risk Management and incident analysis, Compliance Program implementation, Risk Metrics, Event Management, Policy and regulatory change and Information Security.

 

What you will be responsible for:

·       Support the execution of the key requirements of RCSA across Global Delivery and Investment Services CCO

·       Assist BRM management in the development of training, communication and awareness programs to drive effective RCSA adoption and promote a strong culture of risk management

·       Confidentially raise issues, escalate early and engage in constructive credible challenge of RCSA results

·       Collaborate with various risk and business stakeholders to drive consistency and identify efficiencies across RCSA program

·       Engage with the other Business Risk disciplines in order to ensure RCSA is managed in line with the other disciplines

·       Establish and foster positive relationships with key functional teams and leaders within first line of defense business lines. Develop same with Operational Risk, Compliance, and Internal Audit.  Collaborate to achieve organizational goals

·       Instill confidence by demonstrating credibility and expertise

·       Gather data and create reports for periodic status reviews, monthly RCSA results reporting, and weekly status reports

·       Continuously develop deep knowledge of core products, process, financial markets, technology, regulatory obligations and operating model changes; understand impact to team  roles and responsibilities

·       Take initiative to participate in targeted projects to assess risk and control deficiencies as needed

·       Manage staff across different jurisdictions in the execution of RCSA and RCSA related initiatives

 

Skills we value:

·       Knowledge of the RCSA requirements

·       Experience with Global Delivery/Investment Services CCO business operations

·       Experience with the STT risk management framework

·       Critical thinker with the ability to solve for complex problems

·       Experience with Archer application

·       Strong attention to detail and ensure plans are deliverable and sustainable

·       Excellent communication skills, verbal and written

·       Organization in a fast-paced working environment

·       Strong time management skills; Deadline and detail oriented

·       Advanced MS Excel, Word and Power Point skills

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:

$90,000 - $142,500 Annual

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.