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Risk Management Operational Risk, Officer

State Street -
Bengaluru, Karnataka

Apply Now

Job details

Full-time

Qualifications

Data analysis skills
Microsoft Office
Tableau
Master's degree
Bachelor's degree
Risk management
Business Administration
RMF
MBA
Communication skills

Full job description

Who we are looking for

An experienced risk professional, who have worked in Financial Services industry or Investment banks in the risk management function. Looking to hire a seasoned risk manager who can support in implementation of the Risk Management framework for State Street India, in accordance with regulatory expectations and ERM policies and guidelines. The candidate will be responsible for the Second Line Risk oversight for State Street India’s Risk landscape.

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 the risk management function to help them manage risk, respond to challenges, and drive performance and profitability. 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 your 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 an Officer in Enterprise Risk Management, you will

Support in driving effective risk governance within the State Street, India.
As part of Enterprise Risk Management Team, primary responsibility will be risk oversight of business functions (First Line of Defense).
Work with senior management within the ERM function to understand and manage enterprise and operational risks and assist in mitigating/reducing the risks
Provide independent challenge from second line of defense to risk assessment programs performed by First Line of Defense teams
Support in identification of emerging risk by monitoring/observing trends in key risk indicators/incident management
Support the execution of risk programs and strategic risk projects
Assist in the review of quarterly risk reports, risk dashboards and India Risk Reports and assist in providing comments to the risk trends
From a second line of defense perspective, provide effective review, challenge and risk dialogue for better decision making and risk mitigation.
Aggregate and monitor risk exposures across India. Escalate significant and above tolerance risks to India and Global Risk Committees.
Apply State Street’s Operational Execution suite of risk program across India to deliver better risk outcomes.
Coordinate with Business on risk mitigation efforts in response to high impact operational risk events, including investigation and advice on the design of effective remediation plans.
Maintain the highest standards of conduct and integrity.
High level of personal commitment to each task, can-do attitude, and a drive to deliver.
Develop a good understanding of the business and organization as a foundation for effective advice and challenge.
Proactive approach to problem solving, delivering results and finding better ways.

What we value

These skills will help you succeed in this role

Analytical thinking, problem solving, and decision making skills
Excellent communication skills. Ability to communicate with all levels of personnel across the organization, including senior executives.
Presentation skills. Ability to create and deliver clear, persuasive, well-structured presentations appropriate to the audience.
Strong data analysis and data interpretation skills.
Experience working in Risk Advisory practice with Big 4 firms would be an added advantage.

Education & Preferred Qualifications

Bachelor’s degree or equivalent. MBA or CIA qualified would be ideal
Minimum of 6 years risk experience and 10 years of financial institutions experience
Relevant professional qualifications in risk management a plus
Proficiency in MS office suite, knowledge on Tableau would be preferred

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

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