Alpha Services Business Risk Management, VP

Company:  State Street
Location: Boston
Closing Date: 20/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Who we are looking for -

Alpha Services is looking for an experienced risk manager to join their Business Risk Management (BRM) team. The successful candidate will work in a demanding environment to meet expectations of this rapidly growing business. Risk management skills, especially those acquired at G-SIFI organizations and/or large public accounting firms, balanced with operational risk skills will contribute to a candidate’s success in this position.

Why this role is important to us -

Effective risk management is a top priority for a G-SIFI organization. As a member of the BRM team you will assist in the execution of risk management activities aimed at governing, overseeing, and managing business risks, in support of the firm’s risk excellence goals.

What you will be responsible for -

  1. Identify and assess risks and controls within business processes.
  2. Evaluate design and operating effectiveness of controls as part of periodically required process and control reviews.
  3. Assist the business in self-identifying control issues, analyze their root causes, draft/assist in drafting appropriate and timely remediation plans, and continuously monitor remediation progress.
  4. Advise the business on risks and control design, adopting a partnership approach, especially during the introduction of newer products and business processes.
  5. Assist with the execution of key business risk programs, including regular risk reviews, risk reporting, oversight, and governance activities (including issue and incident management), and monitoring control performance.
  6. Assist with the preparation and coordination of outside reviews, including audit events and/or regulatory examinations.
  7. Escalate any perceived violations of rules, regulations, policies, procedures and recommend a course of action.
  8. Manage resources in the performance of the above responsibilities.
  9. Train others in the State Street methodology and reinforce an inherent culture of accountability and ownership for implementation and execution of controls across all levels and functions within the organization.
  10. Participate in the strategic development of the Business Risk function.

What we value -

  1. Ability to manage complexity, effectively prioritize multiple tasks, and work independently in non-routine situations.
  2. Willingness to learn new technologies and processes.
  3. Strong analytical, interpersonal, and organizational skills.
  4. Good understanding of the role of first, second, and third lines of defense.
  5. Excellent management and leadership skills.
  6. Strong influencing, collaboration, and project management skills.
  7. Critical thinking and intellectual curiosity.
  8. Initiative, ownership, and energetic.
  9. Excellent analytical skills.
  10. Self-motivation, self-assurance, and self-management.
  11. Excellent team player that treats others with respect.

Education & preferred qualifications -

  1. Undergraduate degree minimum and graduate degree preferred.
  2. Proficiency in risk, controls, testing, and risk management.
  3. Knowledge of industry Risk and Control frameworks (COSO, COBIT, NIST, ISO, etc.).
  4. Experience with Microsoft Tools, Archer platform, Open Pages, Tableau, SharePoint.
  5. Certifications preferred e.g. CPA, CIA.

Salary Range: $135,000 - $210,000 Annual

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.

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

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