Core Operations

Year    Mumbai, Maharashtra, India

Job Description


Who we are looking for
Quality & Risk Management - Develop and maintain scorecards and metrics. Collect, analyze, package and communicate data at various levels for use by stakeholders
Problem Solving & Decision Making - Develop solutions and provide counsel to ensure effective decisions are reached by employing timely, rigorous and logical analysis
Manage Execution – Deliver flawless execution of work products through effective plans, clear priorities and developed process management methods to ensure all resources function at optimal levels
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 you will
Under general supervision, provide direction to the business unit on elements of policies impacting the First Line of Defense

  • Orchestrate and drive the successful and timely completion of Controls Assurance/Testing, including the identification and resolution of risks and issues
  • Build strong relationships with other First Line Risk, Compliance, Risk, Audit, Legal, and business colleagues
  • Participate in the discussion regarding first line risk management, including but not limited to risk ratings, (where applicable), validating controls with the business, evaluating control design, and issue management
  • Exercise discretion and judgment with regard to matters of significance, such as designing an effective and efficient strategy for the execution of policies impacting the First Line; includes FLOD Policy implementation activities including but not limited to: Controls and Testing, Process Improvement, Reporting, Oversight, Training, Talent Management
  • Prepare business for and assist with 2nd and 3rd Line reviews
  • Continuously develop deep knowledge of core product, process, financial markets and technology
  • Actively participate in committees and risk management projects as needed
  • Retain and develop talent
  • Provide regular feedback and dialogue to ensure optimal employee engagement
  • Oversee production of management reporting
  • Provide coaching and development opportunities to staff and responsible for completing and delivering PPRs on time
  • Make effective recommendations to hire, discipline, control work, determine promotions, salary increases, bonuses and terminate employment
  • Ensure self and team anticipates, monitors, actively manages and reports all risk and compliance issues, breaches and suspicious activities
  • Act in accordance with Risk Excellence and role model Ethical behavior and decision making as part of our Way Ahead foundation
  • Perform other duties as required

What we value
These skills will help you succeed in this role
  • strong critical thinking, problem solving, and decision making skills, risk identification and solving

Education & Preferred Qualifications
  • Competent to Proficient with a Bachelor’s degree or equivalent work experience with a focus in related field preferred, 6-8 years of related experience
  • Knowledge of risk assessment and control
  • Experience with auditing and reporting procedures
  • Professional Risk Manager (PRM) or other Risk certification is a plus
  • Proven experience as a Risk Associate/Team Leader
  • Analytical mind with problem-solving aptitude
  • Excellent communication and presentation skills
  • Project Management experience
  • Strong Excel, Word & PPT knowledge

Additional requirements
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.

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Job Detail

  • Job Id
    JD2859318
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year