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State Streetposted about 1 month ago
$65,000 - $102,500/Yr
Full-time - Entry Level
Hybrid - Boston, MA

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, 4 days per week onsite and 1 day remote, where you can balance work from home and office to match your needs and role requirements.

Responsibilities

  • Support the administration and execution of the Compliance Oversight Program, meeting key deliverables.
  • Design and perform 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.
  • 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.

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.
  • 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.
  • Technical Skills: Microsoft Office (Outlook, Word, PowerPoint, Excel); Share Point (Collaborate).

Nice-to-haves

  • Bachelor's degree or equivalent.
  • 3+ years of work experience related to financial services audit, compliance, and/or bank regulations.

Benefits

  • Medical
  • Prescription Drug
  • Health Savings Account (HSA)
  • Flexible Spending Accounts (FSAs)
  • Dental
  • Vision
  • Employee-Paid Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Employee-Paid Long-Term Disability
  • Critical Illness Insurance
  • Accident Insurance & Hospital Indemnity Insurance
  • Business Travel Accident Insurance
  • Short-Term Disability
  • Identity Theft Protection
  • Legal Benefits
  • BeWell Programme
  • Paid Time Off
  • Employee Assistance Program (EAP)
  • Salary Savings Program (SSP)
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