5 days old

Compliance Risk Monitoring and Testing, AVP

State Street
Boston, MA 02109
  • Job Code
    R-675052
  • Jobs Rated
    23rd

Job Description:

The Compliance Risk Monitoring Team (CRMT) is a critical component of the overall Compliance Program at State Street. Performing monitoring and testing activities is essential to conclude on the adequacy of the firm-wide compliance program and business unit regulatory posture, and to identify enhancements for State Streets global compliance control environment.

In this highly visible role, the CRMT AVP will:

  • Work closely with the Senior Manager to implement a firm-wide Compliance Monitoring, and provide subject matter expertise in the design and testing of various aspects of employee and business conduct
  • Liaise with Compliance Advisory, Business Unit Management and other key stakeholders to design and execute monitoring activities to detect gaps, issues, breaches and process improvements, promoting the benefits of a monitoring and testing function;
  • Work with CRMT and Compliance Advisory colleagues to endorse a strong, global culture of Compliance.

This position is perfect for an individual who has expertise in risk assessment, internal control, compliance or audit function in the Financial Services sector, has deep understanding and knowledge of a State Street business line or process, and thrives in a fast-paced environment.

Major Responsibilities:

  • Support the Senior Manager with the development and implementation of a monitoring program within the assigned business or transversal risk area
  • Design and conduct monitoring activities for the assigned business or transversal risk area, including through the use of enhanced data analysis techniques
  • Oversee and review work product of staff members
  • Establish and maintain relationships with other CRMT staff members globally
  • Identify real-time CRMT process improvements and suggest resolutions when applicable
  • Communicate results and obtain agreement from Compliance Advisory, Business Unit Management, and other key stakeholders on the result of monitoring and solicit agreement on issues noted

Qualifications:

  • Bachelors degree required, relevant graduate degree preferred
  • Minimum of 5-7 years relevant work experience with risk assessment, internal control, compliance or audit function within a financial institution
  • Ability to communicate with and appropriately influence all levels of management
  • Excellent interpersonal, communication (written and verbal), and presentation skills
  • Experience with data analytics software (e.g. SAS, Tableau) preferred
  • Excellent critical thinking skills
  • Professional certification(s) such as Certified Internal Auditor (CIA), Certified Financial Services Auditor (CFSA), Certified Information Systems Auditor (CISA) and Certified Fraud Examiner (CFE) are a plus






Jobs Rated Reports for Compliance Officer

Posted: 2021-09-11 Expires: 2021-10-10
Sponsored by:
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Sponsored by:
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Compliance Risk Monitoring and Testing, AVP

State Street
Boston, MA 02109

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Compliance Officer
23rd2019 - Compliance Officer
Overall Rating: 23/199
Median Salary: $67,870

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