Business analyst

Business analyst

State Street

State Street

Hyderabad, India

Experience :

Manager

Closes on :

Jul 24, 2024

Job Description

Job Description

Job Title: Control Assurance Testing Professional

Who we are looking for

We are looking for a Control Assurance Testing professional to support the Business Risk Management Monitoring and Testing team in executing 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, plays a critical role in the overall success of the organization as part of the first line of defense. Assurance testing is essential for strengthening our Risk and Control Ecosystem. The Monitoring & Testing team works with the business to establish core risk management principles.

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 an Officer, you will:

- 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.

- Perform walkthroughs with business unit management and subject matter experts to identify areas of risk and control weaknesses, and opportunities for improving the risk environment.

- Evaluate the control design and operating effectiveness of the end-to-end process to ensure operational and compliance risks are appropriately mitigated and regulatory obligations are met.

- Liaise and collaborate with Business and Risk teams to oversee and manage monitoring and testing programs in accordance with State Street requirements.

- Manage staff in a matrix environment and oversee employee development, concerns, and time management.

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 & analytical skills.

- Ability to work on 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.

- 8 to 9 years of experience in Control Assurance Testing and Risk Management space.

Additional requirements

- 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 making our mark on the financial services industry through technology and product innovation. 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 can expect generous medical care, insurance, and savings plans, among other perks. You’ll have access to flexible Work Programs to match your needs and development programs and educational support will help you reach your full potential.

Inclusion, Diversity, and Social Responsibility

We believe our employees’ diverse backgrounds, experiences, and perspectives contribute to creating an inclusive environment where everyone can thrive. We welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity, and personality. Active engagement with our communities around the world is a core value, and you will have tools to help balance your professional and personal life, including paid volunteer days, matching gift programs, and access to employee networks.

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.

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© Plutus Education