Compliance Risk Testing Specialist
4 weeks ago
About the Role
We are seeking a highly skilled Compliance Risk Testing Specialist to join our team at State Street. As a key member of our Compliance Risk Testing team, you will play a critical role in ensuring the adequacy and effectiveness of our business controls and regulatory compliance.
Key Responsibilities
- Assist with process walkthroughs and design monitoring and testing activities for areas deemed to be of higher focus within a particular Compliance Risk.
- Leverage the division's methodology to independently identify and evaluate risk, determine control objectives and verify the extent to which State Street is meeting regulatory requirements.
- Obtain and analyze evidentiary data as a basis for drafting an informed, objective opinion as to the adequacy and effectiveness of business controls or whether a regulatory obligation has been breached.
- Maintain thorough and well-organized workpapers to support the work executed, including evidence of exceptions identified.
- Contribute to drafting Executive Result Summaries in accordance with internal standards to clearly communicate results, risks, and key issues.
Requirements
- Excellent written, verbal, and interpersonal skills.
- Ability to effectively prioritize multiple tasks and work independently in an international team across multiple locations with global stakeholders in a fast-paced environment.
- Ability to evaluate detailed business data and test results with healthy skepticism and an understanding of when and how to challenge.
- Inclusive mindsets that recognize the value of building relationships across a diverse global team and demonstrate an ability to work across cultures with adaptability and flexibility.
- Enthusiasm for learning and an aptitude to learn quickly, and the motivation to use thought leadership to continue to grow the Compliance Risk Testing Team.
About State Street
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.
What We Offer
Wide range of benefits, including medical, prescription drug, health savings account (HSA), flexible spending accounts (FSAs), dental, vision, employee-paid life and accidental death & dismemberment (AD&D) insurance, employee-paid long-term disability, critical illness insurance, accident insurance & hospital indemnity insurance, business travel accident insurance, short-term disability, identity theft protection, legal benefits, BeWell Programme, paid time off, employee assistance program (EAP), and salary savings program (SSP).
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