Compliance Monitoring & Surveillance, Senior Associate

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 execute strategically important testing. This position is perfect for an individual who has experience with risk assessment, internal controls, compliance or audit functions.

The role will be performed in our Bangalore Location (RMZ Eco world, Bellandur) in a hybrid model (3 days onsite, 2 days remote; subject to change based on Company policy).

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.

As a Compliance Risk Testing Analyst, you will :

• Lead process walkthroughs and design monitoring and testing activities for areas deemed to be of higher focus
• Perform an analysis of evidentiary data and draw conclusions as to the adequacy and effectiveness of business controls or whether a regulatory obligation has been breached
• Ensure that workpapers are thorough, well-organized, and support the work executed, including evidence of exceptions identified
• Draft reports that are appropriate for executive level consumption to clearly communicate results, risks, and key issues
• Maintain current knowledge of regulators' focus areas, recent enforcement actions, and industry practices generally
• Manage staff and support them through coaching and career development discussions, as necessary

What we value

These skills will help you succeed in this role

Education & Preferred Qualifications

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.