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Operational Risk Management Specialist
1 month ago
About the Role
">We are seeking an experienced Operational Risk Management Specialist to join our Business Risk Management team. This is a critical role that requires a strong understanding of risk management principles and practices.
">Key Responsibilities
">- ">
- Perform control design and operating effectiveness reviews in line with State Street's Framework, including documentation of RCMs and results of control design and effectiveness testing.">
- Conduct walkthroughs with business unit management and subject matter experts to identify areas of risk and control weaknesses and opportunities for improving the risk environment.">
- Evaluate the control design and operating effectiveness of end-to-end processes to ensure operational and compliance risks are appropriately mitigated, and regulatory obligations are met.">
- Liaise and collaborate with Business and Risk teams to oversee and manage monitoring and testing programs in accordance with State Street's requirements.">
- Manage staff in a matrix environment and oversee employee development, concerns, and time management.">
Requirements
">- ">
- A graduate degree in Business, Accounting, Risk Management, or equivalent experience preferred.">
- 8-9 years of experience in Control Assurance Testing and Risk Management space.">
- Excellent written and verbal communication skills.">
- Good problem-solving and analytical skills.">
- Ability to work on MS Office (Excel, Word, and PPT).">
- Understanding of operations in the financial industry.">
- Knowledge of Archer GRS solutions platform is preferable.">
About State Street
">State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients. Our benefits package includes medical care, insurance, and savings plans. You'll have access to flexible Work Programs and educational support to help you reach your full potential.
">Career Development
">We 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.
">Compensation
">The estimated salary for this role is $120,000 - $180,000 per year, depending on experience. This figure is based on national averages and may vary depending on location.
