Outsourcing Compliance Advisory Analyst, Assistant Vice President, Hybrid

State Street • Boston, MA

1d • Hybrid

About The Position

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, where you can balance work from home (1 day per week) and the Boston office (4 days per week) 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.

Requirements

• 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
• Microsoft Office (Outlook, Word, PowerPoint, Excel); Share Point (Collaborate)
• Bachelor’s degree or equivalent.
• 6+ years of work experience related to financial services audit, compliance, and/or bank regulations.

Nice To Haves

• JD preferred

Responsibilities

• 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.
• Review compliance issue closure documentation
• 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

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees