Senior Risk Manager

Who we are looking for

A high-profile role within the firm this position requires a high-calibre professional who will provide an independent assessment of the regulated entity’s risks and proactively communicate and engage at senior levels within the business to assist with identifying, analysing, mitigating, managing and monitoring the risks that arise. The individual should have a strong background in risk management, notably the implementation and embedding of risk frameworks and related tools. The individual will serve as a subject matter expert, providing ongoing direction and consultative advice to the business unit with respect to risk management policies, guidelines, and best practices

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 Manager you will

• Oversee the risk management infrastructure and practices consistent with regulatory expectations and industry sound practices for a depositary.
• Implement the Risk Framework and related programmes in line with corporate methodology and local regulatory requirements.
• Provide independent oversight and challenge of effectiveness of processes for risk identification, assessment, mitigation, management and reporting. Provide subject matter expertise and challenge to business response, management and mitigation of material risk exposures.
• Assist the firm in identifying, analysing, managing and preventing risks inherent in its new and existing business/products / operating models and developing or enhancing existing controls to mitigate these risks.
• Consider specific industry, market and regulatory matters relevant to the firm and monitor and assess the impact of changes in the regulatory risk profile from a risk perspective.
• Identify, schedule and deliver the risk related requirements in a consistent and timely manner.
• Report regularly to corporate and regional committees and the Board of Directors, with appropriate, timely and relevant information so that the committees and the Board can discharge their responsibilities effectively.
• Develop relationships with key internal and external stakeholders and foster a culture of risk awareness through all interactions.
• Participate in governance meetings.
• Develop effective working relationships and communications with staff and ensure that staff are motivated, developed and supported.
• Demonstrate ethical leadership and promote the highest standards of integrity, probity and corporate governance. Drive the effective communication, implementation and compliance with accepted industry practice, company policies, statute and regulatory requirements.
• Play a leading role in defining and embedding a sustainable culture of risk awareness, which is consistent with the company’s core values.

What we value

These skills will help you succeed in this role

• Ability to analyse complex products and issues in order to facilitate a sound decision making process.
• Ability to develop and maintain strong business relationships within the business units and across the corporation while maintaining a level of challenge.
• Experienced and skilled communicator at all levels who inspires confidence, influences and motivates others.
• Strong Organisational skills.

Education & Preferred Qualifications

• University Degree in a relevant field such as accounting, finance or banking or equivalent professional qualification
• Risk Qualification an advantage
• Minimum 10 years of experience in banking operation (or financial services industry or similar)
• Fund Administration Experience is a plus
• Experience operating in a highly regulated environment.
• Previous experience as a PCF 14 an advantage

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.

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