Outsourcing Compliance Advisory Analyst, Assistant Vice President, Hybrid
State Street
Who we are looking for
This role is part of Corporate Compliance and supports the Compliance Oversight Program for Global Third Party Management (Global Procurement and Third Party Risk Management) and Global Realty. The role reports into the Global Third Party Management and Global Realty Compliance Manager, Vice President. This position is well suited for an inquisitive individual with experience in business process analysis, control testing, interpretation of global outsourcing regulations and who has a strong interest in joining a top tier financial services firm and building their compliance knowledge.
This role can be performed in a hybrid model, where you can balance work from home (1 day per week) and the Boston office (4 days per week) to match your needs and role requirements.
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
As Outsourcing Compliance Advisory Analyst, AVP you will
Support the administration and execution of the Compliance Oversight Program, meeting key deliverables. This includes designing and performing monitoring activities over the First Line of Defense through Compliance Advisory Reviews
Monitor and analyze new and modified global regulatory changes that impact outsourcing and TPRM to support regulatory change analysis and potential impacts to State Street
Perform risk assessments and analyze business processes to identify potential control gaps or weaknesses.
Review compliance issue closure documentation
Assist with the preparation of reporting to Compliance Senior Management and the Business Risk Committee
Develop working relationships with other members of Compliance and Compliance leadership team and work collaboratively with the Business Risk Management Team
What we value
These skills will help you succeed in this role
Demonstrates ability to assess internal control design and operating effectiveness
Analyzes numerical data and other sources of information to make rational judgments from the available evidence and analysis
Learns new tasks and commits information to memory quickly; gathers comprehensive information to support decision making; encourages an organizational learning approach (i.e. learns from successes and failures and seeks feedback)
Strong organization skills
Able to work collaboratively and professionally to obtain information from others
Flexible, seeking to learn new processes and systems such as Archer, CUBE
Technical Skills: Microsoft Office (Outlook, Word, PowerPoint, Excel); Share Point (Collaborate)
Education & Preferred Qualifications
Bachelor’s degree or equivalent. JD preferred
6+ years of work experience related to financial services audit, compliance, and/or bank regulations.
Salary Range:
$80 000 - $132 500 AnnualThe 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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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.