What are the responsibilities and job description for the Outsourcing Compliance Advisory Analyst, Officer, Hybrid position at State Street?
Who we are looking for
This role is part of Corporate Compliance and supports the Compliance Oversight Program for Global Third Party Management (Global Procurement and Third Party Risk Management) and Global Realty. The role reports into the Global Third Party Management and Global Realty Compliance Manager, Vice President. This position is well suited for an inquisitive individual with experience in business process analysis, control testing, interpretation of global outsourcing regulations and who has a strong interest in joining a top tier financial services firm and building their compliance knowledge.
This role can be performed in a hybrid model, 4 days per week onsite and 1 day remote, where you can balance work from home and office to match your needs and role requirements.
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 Outsourcing Compliance Advisory Analyst, you will
- Support the administration and execution of the Compliance Oversight Program, meeting key deliverables. This includes designing and performing monitoring activities over the First Line of Defense through Compliance Advisory Reviews
- Monitor and analyze new and modified global regulatory changes that impact outsourcing and TPRM to support regulatory change analysis and potential impacts to State Street
- Perform risk assessments and analyze business processes to identify potential control gaps or weaknesses
- Assist with the preparation of reporting to Compliance Senior Management and the Business Risk Committee
- Develop working relationships with other members of Compliance and Compliance leadership team and work collaboratively with the Business Risk Management Team
What we value
These skills will help you succeed in this role
- Demonstrates ability to assess internal control design and operating effectiveness
- Analyzes numerical data and other sources of information to make rational judgments from the available evidence and analysis
- Learns new tasks and commits information to memory quickly; gathers comprehensive information to support decision making; encourages an organizational learning approach (i.e. learns from successes and failures and seeks feedback)
- Strong organization skills
- Able to work collaboratively and professionally to obtain information from others
- Flexible, seeking to learn new processes and systems such as Archer, CUBE
- Technical Skills: Microsoft Office (Outlook, Word, PowerPoint, Excel); Share Point (Collaborate)
Education & Preferred Qualifications
- Bachelor’s degree or equivalent.
- 3 years of work experience related to financial services audit, compliance, and/or bank regulations.
What we offer
Wide range of benefits, including:
- Medical
- Prescription Drug
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSAs)
- Dental
- Vision
- Employee-Paid Life and Accidental Death & Dismemberment (AD&D) Insurance
- Employee-Paid Long-Term Disability
- Critical Illness Insurance
- Accident Insurance & Hospital Indemnity Insurance
- Business Travel Accident Insurance
- Short-Term Disability
- Identity Theft Protection
- Legal Benefits
- BeWell Programme
- Paid Time Off
- Employee Assistance Program (EAP)
- Salary Savings Program (SSP)
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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.
Discover more at StateStreet.com/careers
Salary Range:
$65 000 - $102 500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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