The Global Process Delivery Business Controls Team (GPDBC) is part of the 1st Line of Defense framework for Global Process Delivery. The Associate will be responsible for supporting the design, development and implementation of key risk programs, methods, frameworks and includes oversight of regulatory and operational issues. GPDBC works closely with Business Unit (BU) managers to ensure key regulatory and operational risks and controls are aligned. The team also consults and coordinates with parties across the organization including with Business Controls Assurance Group, ERM, Compliance, BU Risk teams, Internal Audit and others to implement a sound risk management framework and support for a global program.
Major Responsibilities Support the development and implementation of a sound risk and compliance management framework and program within Global Process Delivery:
Develop an understanding of Global Process Delivery product & services, business strategy, critical success factors, risk profile and potential exposures.
Under general supervision, conduct assigned responsibilities related to policy implementation (including FLOD Policy) and execute a range of complex tasks and analyses to support the business unit and department goals.
Under general supervision, perform deep dive reviews within the COEs/Shared Services and test key control points, assess risk, and provide relevant finding/ recommendations on improving internal controls.
Conduct trend analysis, KRIs, losses, near misses, root causes, etc. and participate in the development and delivery of risk training programs to address key needs.
Under general supervision, act as coordinator for direct contact with Compliance, Risk, Audit, and Legal, and other internal groups.
Propose a range of solutions to complex problems to direct manager and/or business unit leadership, as appropriate.
Under general supervision, work within the scope of established guidelines and practices and consult with senior staff where clarification or exception to policy may be required.
Identify and report all risk and compliance issues, breaches and suspicious activities.
Ability to assist with the design and implementation of a risk framework and governance structure within Global Process Delivery.
Ability to support the design and implementation of operational practices in execution of corporate policies.
1-2 years of experience, preferably within financial services, accounting, audit, or risk; knowledge of Global Process Delivery and/or other State Street business units a plus.
Strong communications skills (both written and oral) ability to interact effectively across all levels of management within Global Process Delivery and throughout the organization.
Must be data driven with an analytical and inquisitive mindset.
Self-motivated individual, who enjoys undertaking challenges, can assimilate information quickly and contribute to outlining action plans and recommendations in a complex and changing environment.
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
Internal Number: 5641066
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