State Street
Financial Services
OperationalRisk,AVP
Neural analysis suggests this role is
optimal for Senior candidates.
“Operational Risk, AVP at State Street. Skills: Operational Risk, Risk Management Framework. Drive effective risk governance. Risk oversight of business functions”
What You'll Achieve.
Deliver better risk outcomes
Industry & Context.
Problem solving; Decision making
What They're Looking For.
Must Have
8 years risk experience, 12 years financial institutions experience
Nice to Have
MBA or CA qualified, Relevant professional qualifications in risk management a plus, Experience in Risk Advisory practice with Big 4 firms, Knowledge on Tableau preferred
What You'll Do.
Drive effective risk governance
Risk oversight of business functions
Understand and manage enterprise and operational risks
Assist in mitigating/reducing risks
Provide independent challenge to risk assessment programs
Identify emerging risks
Monitor/observe trends in key risk indicators/incident management
Lead and drive execution of risk programs
Lead and drive strategic risk projects
Drive effective Risk Control Self-Assessment Program
Provide second line challenge to mitigate gaps
Review quarterly risk reports
Review risk dashboards
Review India Risk Reports
Assist in providing comments to risk trends
Participate in Material Risk Incident calls
Provide enhanced governance on repetitive risk incidents
Assess potential risk
Provide effective review
challenge and risk dialogue
Aggregate and monitor risk exposures across India
Escalate significant and above tolerance risks
Apply State Street’s Operational Execution suite of risk
Coordinate with Business on risk mitigation efforts
Investigate high impact operational risk events
Advise on design of effective remediation plans
Promote a risk culture
Ensure awareness and compliance with ERM policy requirements
Maintain the highest standards of conduct and integrity
Develop a good understanding of the business and
Provide effective advice and challenge
Lead global ERM projects
Support global ERM projects
Lead regional ERM projects
Support regional ERM projects
Lead India level ERM projects
Support India level ERM projects
How You'll Work.
Team & Collaboration
Senior business executives; First Line of Defense; Business functions; India and Global Risk Committees
Communication Scope
Excellent communication skills; Ability to communicate with all levels; Presentation skills; Clear presentations; Persuasive presentations; Well-structured presentations
Process & Methodology
Risk projects
Full Job Description
**Who we are looking for** An experienced risk professional, who have worked in Financial Services industry or Investment banks in the risk management function. Looking to hire a seasoned risk manager who can support in implementation of the Risk Management framework for State Street India, in accordance with regulatory expectations and ERM policies and guidelines. The candidate will be responsible for the Second Line Risk oversight for State Street India’s Risk landscape. **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 the risk management function to help them manage risk, respond to challenges, and drive performance and profitability. 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 your 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 an Assistant Vice President in Enterprise Risk Management, you will * Drive effective risk governance within the State Street, India. * As part of Enterprise Risk Management Team, primary responsibility will be risk oversight of business functions (First Line of Defense). * Work with senior business executives to understand and manage enterprise and operational risks and assist in mitigating/reducing the risks * Provide independent challenge from second line of defense to risk assessment programs performed by First Line of Defense teams * Identify emerging risk if any by monitoring/observing trends in key risk indicators/incident management * Lead and drive the execution of risk programs and strategic risk projects * Drive effective Risk Control Self-Assessment Program and provide second line challenge to mitigate the gaps if any * Review the quarterly risk reports, risk dashboar
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