State Street

Business Risk Management - Monitoring & Testing - Assistant Manager

State Street  •  Pune, IN (Onsite)  •  5 days ago
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Job Description

Who we are looking for

Looking for Control Assurance Testing professional to support the Business Risk Management Monitoring and Testing team in executing regular client specific control design assessment and operating effectiveness reviews.

Why this role is important to us

The team you will be joining - Global Delivery – Business Risk Management, a part of first line of defense plays an important role in the overall success of the organization. Assurance testing is a fundamental part of strengthening our Risk and Control Ecosystem. The Monitoring & Testing team sits within the GD BRM and works with business to establish the core risk management principles.

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 Assistant Manager you will

  • Perform control design and operating effectiveness reviews in line with State Street Framework including documentation of RCMs and results of Control design and effectiveness testing.

  • Perform walkthroughs with business unit management and subject matter experts identifying areas of risk and control weaknesses and opportunities for improving the risk environment.

  • Evaluation of the control design and operating effectiveness of the end to end process to ensure operational and compliance risks are appropriately mitigated, and regulatory obligations are met

What we value

These skills will help you succeed in this role

  • Good understanding of financial services and investment products.

  • Excellent written and verbal communication skills

  • Problem solving & analytical skills

  • Ability to work on MS Office (Excel, Word and PPT)

  • Understanding of Operations in the Financial Industry

Education & Preferred Qualifications

  • Graduate degree in Business, Accounting, Risk Management or equivalent experience preferred

  • 5 to 7 years of strong experience in Control Assurance Testing and Risk Management space

Additional requirements

Knowledge of Archer GRS solutions platform is preferable.

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

State Street

About State Street

At State Street, we deliver leading investment platforms, data, expertise, and solutions that accelerate performance and better decision making.

With over 200 years of global financial leadership, we equip institutional investors through a comprehensive suite of capabilities:

Investment Services: Integrated front-to-back solutions across custody, accounting, and operations.

Investment Management: Index and active strategies from one of the world’s largest asset managers.

Markets: Multi-asset trading, FX solutions, and data-driven research to enhance portfolio value.

Who We Are

• 50,000+ employees worldwide

• Active in 100+ markets

• #1 in ETF servicing

What You’ll Find Here

• Executive perspectives and thought leadership

• Timely market commentary and macro insights

• Our views on investment operations, ETFs, private markets, and digital finance

• Stories reflecting our culture, values and commitment to diversity and inclusion

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Boston, Massachusetts
Year Founded
1792
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