Risk & Control Effectiveness - Assistant Vice President

2 days ago

Pune, Maharashtra, India Currenex State Street Trust Company Full time
Job Description

Who We're Looking For

We are seeking a seasoned professional with expertise in risk evaluation and process oversight to join our Business Risk Management team. The ideal candidate will possess a robust background in assessing control design and operational effectiveness, with a keen understanding of risk frameworks and regulatory expectations.

Why This Role Matters

The Global Delivery - Business Risk Management (GD BRM) team operates as part of the first line of defense and plays a pivotal role in strengthening the organization's risk and control environment. This role directly contributes to enhancing the integrity and resilience of our risk ecosystem by collaborating with other risk pillars, liaising with the Standard Operating Procedures team, and engaging with the Business Process Management team to create a robust ecosystem.

What You'll Be Responsible For

As an Assistant Vice President, you will:

- Play a crucial role within the Global Business Risk Management team, dedicated to fostering an enhanced risk culture and awareness.

- Liaise with Business Aligned Representatives and other BRM pillars, contributing to the overall risk management as part of the first line of defense (FLOD).

- Identify potential risks, develop mitigation strategies, and ensure compliance with regulatory requirements, through control design and operating effectiveness testing

- Continuously monitor and evaluate risk controls to enhance the organization's risk posture.

- Apply analytical thinking to perform deep dives and develop innovative solutions to complex control issues.

- Engage with senior stakeholders to drive timely and high-quality execution of risk excellence activities.

- Manage team members in a matrixed environment, supporting their development, workload management, and performance.

- Liaise with external auditors and support internal - Second and Third Line of Defense and external regulatory examinations What We Value

-

The following skills and attributes will help you succeed in this role:

- Extensive experience in risk management, preferably within a large organization

- Solid understanding of financial services operations and investment products.

- Excellent organizational and prioritization skills.

- Strong analytical skills and the ability to interpret complex data.

- Excellent communication and interpersonal skills, with the ability to liaise effectively with various stakeholders.

- Proven track record in developing and implementing risk management strategies.

- Familiarity with regulatory requirements and industry best practices.

- Ability to work independently and as part of a team, demonstrating leadership and initiative.

- Strong written and verbal communication abilities.

- Experience in managing teams and working in a collaborative, cross-functional environment.

Education & Preferred Qualifications

Graduate degree in Business, Accounting, Risk Management, or a related field.

12-15 years of experience in control evaluation, audit, or risk management.

A certification in Risk Management is highly desirable.

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