Who we are looking for

We are looking for a Compliance Risk Testing Analyst to work with a team of professionals to develop and execute regulatory testing and controls testing to provide reasonable assurance that State Street is complying with applicable laws, regulations, and internal policies. As part of a collaborative global team, you will contribute to Compliance Risk Testing plan development, and lead the execution of strategically important monitoring and testing. This position is perfect for an individual who has experience with risk assessment, internal controls, and/or compliance or audit functions.

This role is based in Boston, Massachusetts. This role can be performed in a hybrid model, where you can balance work from home (1 day per week) and office (4 days per week) to match your needs and role requirements.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. 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 a Compliance Risk Testing Specialist, Officer you will:

·         Assist with process walkthroughs and design monitoring and testing activities for areas deemed to be of higher focus within a particular Compliance Risk

·         Leverage the division’s methodology to independently identify and evaluate risk, determine control objectives and verify the extent to which State Street is meeting regulatory requirements

·         Obtain and analyze evidentiary data as a basis for drafting an informed, objective opinion as to the adequacy and effectiveness of business controls or whether a regulatory obligation has been breached

·         Maintain thorough and well-organized workpapers to support the work executed, including evidence of exceptions identified

·         Contribute to drafting Executive Result Summaries in accordance with internal standards to clearly communicate results, risks, and key issues

·         Maintain current knowledge of regulators’ focus areas, recent enforcement actions, and industry practices generally

What we value

These skills will help you succeed in this role:

·         Excellent written, verbal, and interpersonal skills

·         Ability to effectively prioritize multiple tasks and work independently in an international team across multiple locations with global stakeholders in a fast-paced environment

·         Ability to evaluate detailed business data and test results with healthy skepticism and an understanding of when and how to challenge

·         Inclusive mindsets that recognize the value of building relationships across a diverse global team and demonstrate an ability to work across cultures with adaptability and flexibility

·         Enthusiasm for learning and an aptitude to learn quickly, and the motivation to use thought leadership to continue to grow the Compliance Risk Testing Team

Education & Preferred Qualifications

·         Verbal and written fluency in English

·         Bachelor’s degree (or equivalent)

·         Relevant work experience in a corporate testing or audit function within the financial services sector and/or related experience managing complex audit operations or related projects

·         Experience with Asset Management and/or U.S. Core Banking Regulations is a plus

·         CPA, CIA, CISA or other applicable certification preferred

What we offer

Wide range of benefits, including:

·         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)

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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