Hyderabad, India
Experience :
Manager
Closes on :
Jul 24, 2024
Job Description
Position: Senior Associate, Control Assurance Testing
Who we are looking for:
We are seeking a Control Assurance Testing professional to support the Business Risk Management Monitoring and Testing team in executing regular client-specific control design assessments and operating effectiveness reviews.
Why this role is important to us:
The team you will be joining, Global Delivery – Business Risk Management, is a critical component of our first line of defense and plays an important role in the overall success of the organization. Assurance testing is fundamental to strengthening our Risk and Control Ecosystem. The Monitoring & Testing team collaborates with the business to establish core risk management principles. If you are ready for a challenge in the financial services industry from day one, this position might be for you.
What you will be responsible for:
As a Senior Associate, you will:
- Perform control design and operating effectiveness reviews in line with the State Street Framework, including documentation of RCMs and results of control design and effectiveness testing.
- Conduct walkthroughs with business unit management and subject matter experts to identify areas of risk, control weaknesses, and opportunities for improving the risk environment.
- Evaluate the control design and operating effectiveness of end-to-end processes to ensure operational and compliance risks are appropriately mitigated, and regulatory obligations are met.
What we value:
These skills will help you succeed in this role:
- Good understanding of financial services and investment products.
- Excellent written and verbal communication skills.
- Problem-solving and analytical skills.
- Proficiency in MS Office (Excel, Word, and PPT).
- Understanding of operations in the financial industry.
Education & Preferred Qualifications:
- Graduate degree in Business, Accounting, Risk Management or equivalent experience preferred.
- 5 to 7 years of strong experience in Control Assurance Testing and Risk Management.
Additional requirements:
- Knowledge of Archer GRS solutions platform is preferable.
About State Street:
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 strive to create a great work environment. Our benefits packages are comprehensive and competitive. We offer flexible work programs, extensive development programs, and educational support to help you reach your full potential.
Inclusion, Diversity, and Social Responsibility:
We believe that our employees' diverse backgrounds, experiences, and perspectives contribute to an inclusive environment where everyone can thrive. We welcome candidates from diverse origins, backgrounds, abilities, ages, sexual orientations, gender identities, and personalities. State Street is also deeply engaged with our global communities, and we provide tools to balance professional and personal life, paid volunteer days, and matching gift programs.
State Street is an equal opportunity and affirmative action employer.
For further information and to apply, please visit our website via the “Apply” button below.