Bangalore, India
Experience :
Manager
Closes on :
Jul 24, 2024
Job Title: Control Assurance Testing Professional
Job Summary:
We are seeking a Control Assurance Testing professional to support our Business Risk Management Monitoring and Testing team. In this role, you will execute client-specific control design assessments and operate effectiveness reviews. You will join our Global Delivery – Business Risk Management team, an integral part of the first line of defense, playing a crucial role in our organization's overall success. Assurance testing is a fundamental part of strengthening our Risk and Control ecosystem.
Key Responsibilities:
- Perform control design and operating effectiveness reviews in line with 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 risk environment improvements.
- 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.
- Liaise and collaborate with Business and Risk teams to manage monitoring and testing programs in accordance with State Street requirements.
- Manage staff in a matrix environment, overseeing employee development, concerns, and time management.
Skills and Qualifications:
- Good understanding of financial services and investment products.
- Excellent written and verbal communication skills.
- Strong problem-solving and analytical skills.
- Proficient in MS Office (Excel, Word, and PPT).
- Understanding of Operations in the Financial Industry.
- Graduate degree in Business, Accounting, Risk Management, or equivalent experience preferred.
- 8 to 9 years of experience in Control Assurance Testing and Risk Management.
- Knowledge of the 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. We are committed to making our mark on the financial services industry through technology and product innovation. We help our clients safeguard and steward the investments of millions of people, providing investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.
Work Environment and Benefits:
We strive to create a great work environment with competitive and comprehensive benefits packages. Our flexible Work Programs are designed to meet the varied needs of our employees. Additionally, our development programs and educational support will help you reach your full potential.
Inclusion, Diversity, and Social Responsibility:
We value diverse backgrounds, experiences, and perspectives, fostering an inclusive environment where everyone can thrive. We welcome candidates of diverse origins, backgrounds, abilities, ages, sexual orientations, gender identities, and personalities. Engagement with our communities worldwide is a core value, and we offer tools to help balance professional and personal life, including 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.