Job Description

Who we are State Street\'s Alpha business harmonizes data, technology and services across the end-to-end investment management cycle so our clients\' team can overcome silos, work smarter, and stay in sync. State Street Alpha is the industry\'s first-ever global interoperable platform that connects the front, middle and back office with one provider. The organization consists of Charles River Development and Alpha Services (Investment Manager Services and Alpha Data Services). Together, we are driving the strategic vision for State Street. Who we are looking for Alpha has established a Business Risk Management function that is focused on risk management in the first line of defense through the implementation of controls, execution of monitoring and testing, and ongoing oversight. The Business Risk Manager (BRM), Officer, is a key contributor within the first line of defense risk management program and acts as a valued partner to the Alpha business in the identification, assessment, and mitigation of risk as well as the cultivation of a framework of practices that enables a balance of commercial considerations with the risk excellence objectives established by business leadership. Candidates will be experienced in sound risk management and governance practices within the financial services industry. Further, potential BRMs must have experience with compliance and/or operational risks and controls. He/she will partner across stakeholder groups to enhance risk, control and operational management capabilities, improve the efficacy of the control environment, and better respond to regulatory guidance/mandates through the implementation of compliant solutions. Why this role is important to us The team you will be joining is a part of a global, cross-divisional group supporting State Street AlphaSM our front to back platform that powers better performance and outcomes at every point on the investment lifecycle. This role is of critical importance as risk management and controls enabling client trust are part of our commercial value proposition. Strong management of regulatory, operational and technology risk is essential to our reputation and clients\' trust. Join us if making your mark in an ever-changing, increasingly complex and competitive industry is a challenge you are up for. What you will be responsible for Knowledge of effective control design and risk management experience, controls testing experience preferred Executing process walkthroughs, identifying risk and controls. Documentation of key controls in line with the control standards Performance of key control testing and documenting results Document and communicate results of reviews, including issues and recommendations Establish positive relationships with key functional teams and leaders within first line of defense business lines. Develop same with Operational Risk, Compliance, and Internal Audit. Instill confidence by demonstrating credibility and expertise on control issues Maintain the highest level of personal integrity in all dealings thereby mitigating reputational risk to Alpha CRD and its customers Other tasks as required What we value 3-5 years background/experience in risk & control (e.g., Risk Management, Compliance, Audit). Experience in financial services sector. Strong organizational skills. Ability to collaborate and drive execution within the organization Ability to work independently and with virtual teams across different teams & jurisdictions. Strong time management: prioritization versus deadlines. Self-driven / proactive personality. Strong analytical skills. Effective communication, written and verbal. Knowledge of financial industry. Advanced PC literacy including: PowerPoint, Excel, MS Office. Knowledge of Archer Governance, Risk Management, and Compliance (GRC) Application a plus. Excellent skills in MS Excel and PowerPoint 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

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