Who we are looking for
Corporate Compliance is seeking a dedicated and knowledgeable Compliance Manager to support the Senior Compliance Officer (SCO) of Independent Risk Management (IRM) with compliance activities related to ensuring firmwide compliance with regulatory obligations regarding financial risk (credit risk, interest rate risk, liquidity risk, trading risk) and non-financial risk (compliance risk, model risk, operational risk, technology risk, resiliency, data and third party) globally, including responsibility for conducting compliance assurance activities of applicable law, rules, regulatory guidance, and internal policy requirements. The ideal candidate possesses strong expertise in implementing compliance programs, a thorough understanding of financial risk and regulatory requirements, exceptional self-motivation, and proven ability to collaborate effectively.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements. We are open to hire in Boston, US (4 days on site per week, 1 day remotely).

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

Key responsibilities for members of Compliance team covering Independent Risk Management include:

• Support the development, implementation of the firm’s financial and non-financial risk compliance frameworks, ensuring alignment with the interpretations of applicable law, regulations, regulatory guidance, and industry standards through creating traceability and mapping documents.

• Evaluate, enhance, and execute the firmwide compliance risk management program as well as the execution and /or oversight of monitoring and testing activities while providing insights on proportionate risk mitigation approaches in the implementation of compliance risk management requirements.

• Execute an effective regulatory change management program that includes monitoring for new and amended regulations, standards, and guidance from primary regulatory authorities globally as well as working closely with IRM leaders to update relevant controls and drive regulatory readiness.

• Conduct compliance risk assessments and review and assess regulatory and compliance policy breaches and remediation.

• Ensure that all relevant, inherent, material, and residual compliance risks and issues together with remedial/mitigation actions are documented and reported appropriately to senior management in a timely manner.

• Assist in the management of relevant regulatory examinations, inquiries and prepare business leaders for reviews conducted by regulatory authorities.

• Educate personnel on applicable financial risk related regulatory obligations and firm policies.

• Participate in activities to enable the successful implementation of financial risk compliance management framework including identifying data requirements, key risk indicators, key performance indicators, OKRs, tools, and technology to support risk management and governance activities.

• Provide guidance to internal stakeholders on financial risk compliance management practices.

• Be a role model of risk management excellence.

These skills will help you succeed in this role:

• Ability to manage multiple simultaneous tasks in a high pressure, deadline-driven environment.

• Strong abilities in analytical thinking, problem solving, research, time management, and verbal and written communication.

• Qualified to collaborate with individuals across business units/lines.

• Ability to take ownership, initiative to negotiate, influence, build consensus and successfully navigate within a demanding and international environment of a leading global financial institution

Salary Range:

$130 000 - $212 500 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.