- $90 000 - $142 500
- Boston, Massachusetts
$90 000 - $142 500
Boston, Massachusetts
$90000 - $142500 Annual
Who we are looking for
We are seeking to recruit an enthusiastic Compliance professional, to join our Corporate Compliance team. The position is for a self-motivated Compliance Officer with technical aptitude providing regulatory and financial crime compliance oversight as part of the Global Compliance team. The candidate will play a fundamental role in handling a wide variety of compliance-related matters. Responsibilities will include working closely with colleagues to assist in designing and implementing compliance control processes and procedures, executing compliance risk assessments, and reporting compliance health to the appropriate business unit and/or legal entity governing bodies.
This role will be performed in Bostin office, onsite working model.
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 a Compliance Officer, AVP you will
- Assist with the execution of the compliance framework to ensure State Street meets its legal and regulatory obligations including program health assessments, internal controls testing, and governance reporting
- Escalate regulatory issues and monitor for product launches and/or changes in business models for assigned areas to ensure that compliance programs reflect such developments and the accompanying legal requirements
- Work with Compliance colleagues to provide guidance to risk owners on the substance of regulatory obligations in order for them to understand the obligations and standards expected by regulators to build scalable controls to mitigate and monitor risk
- Participate in the development of corrective action plans to effectively manage change and improve processes and procedures, as necessary, to mitigate risk exposure
- Foster a positive culture of compliance by working proactively with the Business, Operations, Risk and Controls functions, and other Compliance professionals to ensure that best practices and systems are in place to facilitate State Street business growth and the overall success in accordance with applicable laws, rules, regulations and internal policy
- Provide project management support on compliance-related projects and initiatives, as requested, to ensure success in alignment with agreed timelines and goals
What we value
These skills will help you succeed in this role
- Ability to analyze regulations, particularly those relation to financial services
- Strong attention to detail, ability to see through tasks until completion
- Proactive attitude, with strong communication skills
- Ability to meet challenging deadlines in a dynamic environment
- Willingness to participate in global and regional projects
- Co-operative attitude, ability to work with colleagues globally
- Proficiency in Excel, Word, PowerPoint
- An effective and relatable culture of compliance mentality
Education & Preferred Qualifications
- Bachelor's Degree
- Relevant work experience in Compliance, Legal, Audit or Risk Management
- Working knowledge of Excel, PowerPoint and other Microsoft Office applications
What we offer
Wide range of benefits, including
- Medical
- Prescription Drug
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSAs)
- Dental
- Vision
- Employee-Paid Life and Accidental Death & Dismemberment (AD&D) Insurance
- Employee-Paid Long-Term Disability
- Critical Illness Insurance
- Accident Insurance & Hospital Indemnity Insurance
- Business Travel Accident Insurance
- Short-Term Disability
- Identity Theft Protection
- Legal Benefits
- BeWell Programme
- Paid Time Off
- Employee Assistance Program (EAP)
- Salary Savings Program (SSP)
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
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.
What we do.
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.
Work, Live and Grow.
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.
Inclusion, Diversity and Social Responsibility.
State Street is an equal opportunity and affirmative action employer.
Discover more at
StateStreet.com/careers
Salary Range
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.