Operational Risk Management- Team Lead- State Street Global Advisors
State Street
5 - 10 years
Bengaluru
Posted: 25/01/2025
Job Description
Sr Associate / Operational Risk Management
Duties / Responsibility
Reporting:
- Develop content/domain knowledge expertise for Operational Risk tasks and ensure agreed upon service metrics (accuracy, timeliness and volumes) are consistently met and that metrics represent the true health of the process and support production of management reporting.
- Assist Team manager find and implement process improvements that reduce processing time and speed up response time and also proactively resolve inquiries and exceptions on a case-by-case basis by working with functional teams. Proactively look for opportunities to increase process efficiency (reports).
- Build strong partnerships with team members and managers in regional locations and demonstrate strong communication in all interactions and under direct supervision, act as coordinator for resolution of issues.
- Develop and maintain ad-hoc reporting capability (via Excel or Tableau) to address requests from Operational Risk team, other control functions and business management.
- Collect and prepare monthly Key Risk Indicator (KRI) data for Risk Committee Reporting; maintain clear documentation of source(s), data received any commentary provided.
- Prepare reports/tables for Risk Committee Reporting.
- Monitor group mailbox and help maintain Operational Risk procedures and guidelines.
- Assist local teams in implementing global Risk Management practices.
Experience required:
- Bachelor’s degree in Business / Finance or equivalent
- Experience in Risk Management, Compliance and/or Audit reporting preferred
- Asset Management experience either in line of business or support functions is a plus
- 5+ years of experience in Banking/Asset Management/Financial Services industry
- Demonstration of strong communication and interaction with all levels of the organization
- Approaches role with a sense of urgency and high level of independence
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.
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