Corporate Functions Business Risk - Assistant Vice President
State Street
5 - 10 years
Bengaluru
Posted: 16/01/2025
Job Description
The Corporate Functions Business Risk Team acts as a valued partner to businesses within the Chief Financial Officer (CFO) and Global Human Resources (GHR) organizations in the identification, assessment and mitigation of risk in effort to achieve risk excellence objectives. This role will provide an excellent opportunity for the candidate to gain solid understanding of the business units within the CFO and GHR organizations, and to support the Business Risk Management Executive (BRME) efforts through involvement in the execution of Business Risk Management programs, design of strong internal control environment and mitigation of operational and compliance risk.
Primary Responsibilities
- Provide advisory and strategic support on business and compliance risk management related topics within the Corporate Functions businesses lines.
- Support the execution of requirements of Business Risk programs and projects with delivered results including:
- Risk and Control Self Assessment (RCSA)
- Risk Profile monitoring and analysis
- Support Process and Control Reviews and Control Testing to identify, strengthen and document the internal control environment
- Key Transformation initiatives related to Business Risk Management organizational design and risk and control framework
- Participate in Business Risk Forums or other related meetings with Business Units to drive risk awareness and accountability
- Engage and collaborate with Compliance, Corporate Audit and other business partners on coordination of program requirements, projects and related deliverables
- Provide a supportive framework for reduced residual risk within Corporate Functions via identification of risk issues and timely and appropriate mitigation
- Strengthen Business Unit control execution related to corporate policies and implementation of requirements
- Reporting and other administrative tasks as needed
Required Skills or Certifications
- Bachelor’s degree in accounting, finance, management, or a related field and minimum of 5+ years experience ideally covering risk identification and assessment (Risk Excellence), compliance and/or audit
- Strong written and verbal communication; Ability to communicate with and influence all levels of management
- Strong critical thinking, problem solving, and decision-making skills
- Strong interpersonal skills, proven ability to work independently and within a team
- Demonstrated ability to develop highly functioning business relationships and coordinate stakeholders across multiple locations and time zones
- Must be organized, detail oriented, responsive and be able to adapt quickly to a rapidly changing environment
- Ability to juggle multiple priorities at once, including quick turn-around high priority items
Skill Development Opportunities
- Relationship Management
- Project Management
- Risk identification and assessment (Risk Excellence)
- Strengthening Internal control environment and risk mitigation
- Organizational collaboration & communication
About Company
State Street Corporation is a leading global financial services company headquartered in Boston, Massachusetts. Founded in 1792, State Street is one of the oldest financial institutions in the United States. It specializes in investment servicing, investment management, and investment research and trading for institutional clients.
Services you might be interested in
One-Shot Campaign
Reach out to ideal employees in one shot!
The intelligent campaign for reaching out to the ideal audience to whom you can ask for help (guidance or referral).