Skip to main contentA logo with &quat;the muse&quat; in dark blue text.

Corporate Functions Business Risk - Assistant Vice President

AT State Street
State Street

Corporate Functions Business Risk - Assistant Vice President

Bangalore, India

The Corporate Functions Business Risk Team acts as a valued partner to businesses within the Chief Financial Officer (CFO) and Global Human Resources (GHR) organizations in the identification, assessment and mitigation of risk in effort to achieve risk excellence objectives. This role will provide an excellent opportunity for the candidate to gain solid understanding of the business units within the CFO and GHR organizations, and to support the Business Risk Management Executive (BRME) efforts through involvement in the execution of Business Risk Management programs, design of strong internal control environment and mitigation of operational and compliance risk.

Primary Responsibilities

  • Provide advisory and strategic support on business and compliance risk management related topics within the Corporate Functions businesses lines.
  • Support the execution of requirements of Business Risk programs and projects with delivered results including:

Want more jobs like this?

Get jobs in Bangalore, India delivered to your inbox every week.

By signing up, you agree to our Terms of Service & Privacy Policy.
  • Risk and Control Self Assessment (RCSA)
  • Risk Profile monitoring and analysis
  • Support Process and Control Reviews and Control Testing to identify, strengthen and document the internal control environment
  • Key Transformation initiatives related to Business Risk Management organizational design and risk and control framework
  • Participate in Business Risk Forums or other related meetings with Business Units to drive risk awareness and accountability
  • Engage and collaborate with Compliance, Corporate Audit and other business partners on coordination of program requirements, projects and related deliverables
  • Provide a supportive framework for reduced residual risk within Corporate Functions via identification of risk issues and timely and appropriate mitigation
  • Strengthen Business Unit control execution related to corporate policies and implementation of requirements
  • Reporting and other administrative tasks as needed

  • Required Skills or Certifications

    • Bachelor's degree in accounting, finance, management, or a related field and minimum of 5+ years experience ideally covering risk identification and assessment (Risk Excellence), compliance and/or audit
    • Strong written and verbal communication; Ability to communicate with and influence all levels of management
    • Strong critical thinking, problem solving, and decision-making skills
    • Strong interpersonal skills, proven ability to work independently and within a team
    • Demonstrated ability to develop highly functioning business relationships and coordinate stakeholders across multiple locations and time zones
    • Must be organized, detail oriented, responsive and be able to adapt quickly to a rapidly changing environment
    • Ability to juggle multiple priorities at once, including quick turn-around high priority items

    Skill Development Opportunities

    • Relationship Management
    • Project Management
    • Risk identification and assessment (Risk Excellence)
    • Strengthening Internal control environment and risk mitigation
    • Organizational collaboration & communication

    State Street's Speak Up Line

    Client-provided location(s): Bengaluru, Karnataka, India
    Job ID: StateStreet-R-757661
    Employment Type: Full Time