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State Street
State Street

Leading company in the financial services industry

Business Risk Management - Monitoring & Testing - Manager

RoleFinance
LevelLead
LocationHINJEWADI PUNE
WorkOn-site
TypeFull-time
Posted1 month ago
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Required skills

Excel

Who we are looking for

Looking for Control Assurance Testing professional to support the Business Risk Management Monitoring and Testing team in executing client specific control design assessment and operating effectiveness reviews.

Why this role is important to us

  • The team you will be joining
  • Global Delivery – Business Risk Management, a part of first line of defense plays an important role in the overall success of the organization. Assurance testing is a fundamental part of strengthening our Risk and Control Ecosystem. The Monitoring & Testing team sits within the GD BRM and works with business to establish the core risk management principles.

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 an OFFICER you will

  • Perform control design and operating effectiveness reviews in line with State Street Framework including documentation of RCMs and results of Control design and effectiveness testing.

  • Perform walkthroughs with business unit management and subject matter experts identifying areas of risk and control weaknesses and opportunities for improving the risk environment.

  • Evaluation of the control design and operating effectiveness of the end to end process to ensure operational and compliance risks are appropriately mitigated, and regulatory obligations are met.

  • Liaising and collaborating with Business and Risk teams to oversee and manage monitoring and testing programs in accordance with State Street requirements

  • Ability to manage staff in a matrix environment and oversee employee development, concerns, and time management.

What we value

These skills will help you succeed in this role

  • Good understanding of financial services and investment products.

  • Excellent written and verbal communication skills

  • Problem solving & analytical skills

  • Ability to work on MS Office (Excel, Word and PPT)

  • Understanding of Operations in the Financial Industry

Education & Preferred Qualifications

  • Graduate degree in Business, Accounting, Risk Management or equivalent experience preferred

  • 8 to 9 years of experience in Control Assurance Testing and Risk Management space

Additional requirements

Knowledge of Archer GRS solutions platform is preferable.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at State Street.com/careers

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About State Street

State Street

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792.

10,001+

Employees

Boston

Headquarters

$55B

Valuation

Reviews

10 reviews

3.7

10 reviews

Work-life balance

3.2

Compensation

4.0

Culture

3.8

Career

3.4

Management

2.8

68%

Recommend to a friend

Pros

Supportive colleagues and team culture

Good benefits and retirement plans

Learning and advancement opportunities

Cons

Heavy workload and overtime expectations

Poor management direction and support

High stress and fast-paced environment

Salary Ranges

101 data points

Mid/L4

Mid/L4 · BANK LOANS

1 reports

$135,295

total per year

Base

$117,645

Stock

-

Bonus

-

$135,295

$135,295

Interview experience

5 interviews

Difficulty

2.6

/ 5

Duration

21-35 weeks

Offer rate

20%

Experience

Positive 20%

Neutral 60%

Negative 20%

Interview process

1

Application Review

2

Recruiter Screen

3

Phone Interview

4

Technical/Hiring Manager Interview

5

Final Interview/Offer Stage

Common questions

Technical Knowledge

Behavioral/STAR

Past Experience

Culture Fit