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Credit & Global Markets Risk - Business Management Officer

State Street

State Street

Boston, MA, USA
Posted on Jul 23, 2024

Job Description:

This position, based in Boston, reports directly into Financial Risk Head of Business Management. Business Management is horizontal in scope covering the functions other than risk taking activities, i.e., oversight of regulatory and assurance activities including exam management, attestations, corporate required annual reviews, monthly Key Performance Indicators (KPI) reporting, and general management including vendor management, budget, and headcount discipline. Business Management provides a cohesive, standardized approach for the daily execution of these functions to support strategic and tactical initiatives across the teams in US, EMEA, and APAC.

Responsibilities:

  • Coordinate all annual access reviews (LAN, EUDTs, etc.), including the related certifications as required

  • Manage Employee Onboarding/Offboarding (e.g., processing forms, welcome sessions, support, and materials) as assigned

  • SharePoint/Collaborate site owner, content development, and site management

  • Career Enrichment/Training & Development support (i.e., ad hoc training, Lunch & Learns)

  • Support Vendor Management oversight: tracking and reporting of licenses, contracts, costs and annual reviews

  • Support for Regulatory and Assurance/Audit activities including exam management

  • Assist management with updates/reports to internal and external assurance bodies during formal reviews as well as during periodic updates, as requested

  • Point of contact between Financial Risk and the other corporate functions

  • Program support for Financial Risk– assist with content, structure, agendas, etc. for various meetings

  • Update various documents such as reference manuals, guides, and procedures as directed

  • Presentation development, consultation, review of materials/content as required

  • Participate in project work/working groups as required

  • Perform other duties as required

Skills:

  • Extreme attention to detail, ability to multi-task and deliver at the highest level

  • Problem assessment and resolution, as well as collaborative problem solving is required

  • Results-oriented individual with the persistence and patience necessary to work effectively with a wide range of internal and external stakeholders

  • Cultivate effective relationships with our internal and external global partners

  • Accepts working outside comfort zone with ability to adapt, adjust and work under pressure

  • Embraces an owner’s mindset; willingness to jump in and lend a hand

  • Possess excellent communication skills

  • Proven ability to handle multiple priorities and lead team efforts

  • Strong analytical, interpersonal, written, and verbal presentation skills

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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:

$70,000 - $115,000 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.