Operational Risk - Assistant Manager

State Street.
Bangalore, India
Not disclosed
27 May 2022
07 Jun 2022
Contract type
Full time
Experience level

Associate: Job description

Who we are looking for:

Looking for a Business risk management professional to support the Operational Risk Incident team for GD- India Business risk management.

Why this role is important to us:

The team you will be joining is a part of State Street Business Risk Management (BRM), which is a valued partner to the business in the identification, assessment & mitigation of risk. India BRM (IBRM) is the first line of defense team and works with business to establish the core risk management principles.

What you will be responsible for:

  • Work with businesses across Global Delivery in ensuring timely reporting of ops risk incidents on ICAMS
  • Incident review and analysis of the ops incidents in ICAMS which would include root cause analysis and monitoring of remedial action plans
  • Maintain oversight on end-to-end lifecycle of Ops Risk incidents & engage with business in adhering to policy timelines on incident closure
  • Engage with global BRM Incident Management teams to follow a standard approach on incident management
  • Provide status updates & highlight issues requiring senior management attention
  • Driving transformation ideas for the function
  • Query Management and Business support on Incident management and reporting
  • Adhoc based incident reporting to Management
  • Joint Venture governance on incident management and reporting
  • Quality Assurance of Incidents

What we value:

These skills will help you succeed in this role:

  • Experience in the financial services sector, or risk management
  • Basic business acumen and understanding of the trade life cycle
  • Excellent written and verbal communication skills
  • Problem solving & analytical skills
  • Proficiency with MS office suite
  • Strong communication, interpersonal, organizational and time management skills.
  • Attention to details & accuracy
  • Willingness to learn and explore

Education & preferred qualifications:

  • Graduate degree in Business, Accounting, Risk Management or equivalent experience preferred
  • 8-10 years of experience in Operations with 2-4 years in the Risk Management and Governance space

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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.

For further information, and to apply, please visit our website via the “Apply” button below.

Similar jobs

Similar jobs