State Street's Global Markets (SSGM) business has established a Business Control function that is focused on mitigating risk from within the first line of defense by providing oversight of business risks, central management of control programs and risk governance, establishment of reporting, implementation of corporate programs and business solutions for risks related to information security, privacy, conflicts of interest, ethics, complaints, and fraud.
The successful candidate will liaise on a regular basis with the Global Markets' business teams, Compliance, Enterprise Risk Management, and Audit thereby complementing and building on the control and risk infrastructure already in place in Global Markets.
Specifically, this position will provide project management, reporting and risk/control support for key centrally managed business programs on behalf of Global Markets including, but not limited to, the integrated risk assessment process, policy implementations, identification of risks and controls, and issue management and resolution.
A successful candidate will need to take initiative, exercise independent thinking, juggle multiple tasks, set priorities, and meet aggressive deadlines in a fast paced environment. The Risk and Control Analyst must have strong interpersonal and organizational skills and be interested in working in a professional and team-oriented environment.
This role will be responsible for supporting the Business Risk and Control team through the execution of the following responsibilities:
Drive implementation, project management and reporting of a program to advance the business line's risk framework including enhancements to policies and procedures and internal controls.
Participate in the implementation of a single Governance, Risk, and Compliance tool to support execution of risk assessment and documentation of issues and incidents
Assist Business Risk teams and control owners in completing risk assessments and gathering metrics including KRIs and KPIs to continuously assess risk and control environments
Lead and contribute to risk and compliance related projects including tracking status, establishing reporting, and coordinating meetings
Participate in the strategic development of the business risk function
Perform other tasks as required
BS, BA, BBA or equivalent work experience
2-4 years risk, compliance, audit or control experience
Knowledgeable about risk assessment processes
Communication, influencing, and collaboration skills
Strong Excel and Microsoft Office skills
Knowledge of Global Markets businesses and applications a plus
State Street Global Advisors