Who we are looking for:

With immediate effect we are looking for an Operations Officer that will be responsible for supporting the Corporate Functions Markets & Financing Business Risk Management Team (“CFMF BRM”).

The Corporate Functions, Markets & Financing Business Risk Management (CFMF BRM) Team acts as a valued partner to the Corporate Functions and Global Markets businesses in the identification, assessment and mitigation of risk, while cultivating practices which enable a balance of business unit performance considerations with risk excellence objectives. This role will provide an excellent opportunity for the candidate to gain an understanding of the business units within the Corporate Functions organizations, as well as the Second Line of Defense groups. 

The CFMF BRM Operations team supports each of the pillars of the CFMF BRM team to provide administrative, reporting and project support. The goal of the CFMF BRM Operations team is to ensure high standards are met in a coordinated and streamlined manner to improve consistency and clarity in reporting, administration, training and communication. The CFMF BRM Operations team drives consistent and value-added risk-related reporting to Business Risk Committees and Corporate Function and Global Markets leadership as a means to monitor the Risk Profiles.

The successful candidate will have knowledge of tools and techniques used for risk reporting, project management and an understanding of risk management disciplines.

Primary Responsibilities:

Become an experienced Risk related Reporting Subject Matter Expert (SME) driving excellence in issue management by translating policy and standards into actionable, tangible requirements and ensuring effective reporting mechanisms for tracking metrics.Develop new reports in Power BI, leveraging existing templates / reports, to reduce manual preparation and streamlining the current Power BI solutions used across CFMF BRM.Create and maintain effective reporting mechanisms for tracking and presenting key risk related metrics. Leverage tools such as Excel Tool Files / Power BI for reporting and ensure accuracy, consistency, and timeliness of data.  Provide insights and recommendations to leadership based on trend analysis and reporting outcomes.Maintain, update, and ensure consistency across procedures related to team-wide operations.  Ensure all processes align with organizational goals, regulatory requirements, and industry best practices.  Act as the central point of contact for procedure-related updates, inquiries, and enhancements.Review reports prepared by junior staff for accuracy, completeness, and alignment with standards. Provide detailed feedback to junior staff to enhance the quality of their work. Ensure all finalized reports are formalized and stored appropriately for audit trail purposes.Partner with cross-functional teams to identify opportunities for improvement in issue management processes and reporting, also participating in Issue Management working groups Enterprise-wide. Collaborate with stakeholders to ensure seamless integration of issue management requirements into the broader Team/Enterprise framework.Oversee the maintenance of team-wide procedures, provide leadership in reviewing and formalizing junior staff reports, and ensure documentation is thorough, accurate, and audit-ready.Data exporting from various system to ensure that Risk related reports are delivered timely, accurately to various Business Risk Units and Risk Advisors.Development of complex formulas in Excel; to provide and execute change requests on internal reporting enhancements, develop charts and graphs for internal reporting and monitoring.Support the preparation of Risk Profile & monthly Risk Forum dashboard - gather data, calculate metrics, develop formulas in Excel for reporting enhancements.Assist in the creation of senior management level risk-related reporting (e.g., Business Risk Committees, Issues Forums etc.)Perform various Operations BAU and ad-hoc activities / requests at the direction of management and the CFMF Business Risk Executive, and the Head of CFMF OperationsCoordinate and work collaboratively with the other CFMF pillars to ensure Operations-driven projects and initiatives that cross over to the other pillars are appropriately executed, with clear timelines and deliverables outlinedBuild strong relationships with other team members across CFMF BRM, as well as with other groups in State Street

What we value:

Able to develop complex formulas in Excel (macro experience, not necessary) knowledge of Power BI.Well organized, detail oriented, responsive, and able to adapt quickly to a rapidly changing environmentAbility to juggle multiple priorities at once, including quick turn-around high priority itemsStrong interpersonal skills, proven ability to work independently and within a teamSupport team members to foster a culture of accountability, accuracy, and continuous learning.An ability to form and cultivate positive relationships with internal partners across all levels of the organizationA positive attitude that motivates and inspires others

Education & Preferred Qualifications

5-6 years of professional experience in the Financial Services industry; Risk, Compliance and/or Audit experience, and project management experience is preferredBachelor's degree in finance, business, IT or related field

Skills

Strong organizational skills, interpersonal skills, verbal and written communication skills, and constant attention to details ensuring accuracy of work product(s)Ability to multi-task and prioritize work under deadlinesSolid analytical skills, project management skills and strong risk management acumenStrong critical thinking, problem solving, and decision-making skillsAbility to liaise and collaborate across teams / business units; experience promoting a collaborative cross-business environment that fosters changeProficient in Microsoft Office suite (Excel, Access, PowerPoint, Word, Teams, Outlook), Power BIFluent English speaking, and writing and presentation skills

We offer:

Employee savings plan;Premium life insurance package;Gold medical package;International operating environment;Language classes;Soft skills trainings;Technical workshops;Development sessions with a mentor;Diversity of opportunities across a range of challenging and highly complex activities.Technical or leadership career pathway.

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.

Discover more at StateStreet.com/careers

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