Hyderabad, India
Experience :
Manager
Closes on :
Jul 24, 2024
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 assessment and operating effectiveness reviews.
Why this role is important to us
The Global Delivery – Business Risk Management team, part of the first line of defense, plays a crucial role in the overall success of the organization. Assurance testing is fundamental in strengthening our Risk and Control Ecosystem. The Monitoring & Testing team collaborates with the business to establish core risk management principles. Join us if you are up for the challenge of making your mark in the financial services industry from day one.
What you will be responsible for
- Perform control design and operating effectiveness reviews in line with the State Street Framework, including the documentation of Risk Control Matrices (RCMs) and results.
- 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 PowerPoint).
- 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 make every effort to create a great work environment. Our benefits packages are competitive and comprehensive. While details vary by location, 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. We offer a wealth of development programs and educational support to help you reach your full potential.
Inclusion, Diversity and Social Responsibility
We believe our employees’ diverse backgrounds, experiences, and perspectives are powerful contributors to creating an inclusive environment where everyone can thrive. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity, and personality. Active engagement with our communities is fundamental to us, both as a partner and a leader. We provide tools to help balance professional and personal life, paid volunteer days, matching gift programs, and access to employee networks to stay connected to what matters to you.
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.