Compliance Officer for IS/GD, Assistant Vice President

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 compliance support within the asset services business line. 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 program processes and procedures, executing compliance risk assessments, and reporting compliance health to the appropriate business unit and/or legal entity governing bodies. The role provides compliance advisory for Investment Services and Custody business lines.

This role can be performed in a hybrid model (4 days onsite Boston/ Quincy and 1 day remote), where you can balance work from home and office to match your needs and the role requirements.

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, Assistant Vice President you will

• Assist with or lead end-to-end analysis, planning, coordination and management of a small to medium project or a component of a large project

• 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 (especially Investment Services and Custody), 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

• Excellent project management skills; ability to manage large, complex projects throughout the project life cycle

• Strong prioritization management skills

• Ability to manage through complex issues and realign priorities and deliverables to ensure milestones and targets are achieve

• Ability to analyze regulations, particularly those relation to financial services

• Strong attention to detail, ability to see tasks through 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

• Experience in project management

• Relevant work experience in Compliance, Legal, Audit or Risk Management

• Expertise in Investment Services, Global Delivery, Custody, Settlements, Exams Support or Client Services in complex financial institution

• Working knowledge of Excel, PowerPoint and other Microsoft Office applications

Salary Range:

$80 000 - $140 000 Annual

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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

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.

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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.