Global Head of Human Resources Compliance, Managing Director Hybrid

Who we are looking for

Corporate Compliance is seeking a dedicated and knowledgeable Human Resource (HR) Compliance Officer to oversee and ensure firmwide compliance with wages and hours, workers’ compensation, employee benefits as well as other regulatory obligations related to employment discrimination, and anti-harassment regulatory obligations globally, including responsibility for testing and reporting of applicable law, rules, regulatory guidance, and internal policy requirements. As a leader within the second line of defense, the HR Compliance Officer will work with a global team, cross functionally, to monitor and keep pace with regulatory obligations, develop frameworks, policies, standards, and procedures in alignment with applicable regulatory obligations and the firm’s compliance strategy as well as provide oversight of the first line of defense HR related activities. The ideal candidate is a strategic thinker with expertise in global HR regulatory obligations, exceptional leadership, and collaboration skills, as well as the ability to navigate complex international regulatory landscapes while driving compliance excellence.

The role reports to Chief Compliance Officer, State Street.

This role can be performed in a hybrid model in Boston, MA, where you can balance work from home (1 day per week) and office (4 days per week) to match your needs and 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 Global Head of Human Resource Compliance, Hybrid you will:

• Develop, implement, and maintain the firm’s HR compliance framework, ensuring its alignment with the interpretations of applicable law, regulations, regulatory guidance, and industry standards through creating traceability and mapping documents.

• Evaluate, enhance, and execute a firm wide HR compliance program as well as the execution and or oversight of monitoring and testing activities while providing insights on proportionate risk mitigation approaches in the implementation of HR requirements.

• Execute an effective global HR regulatory change management program that includes monitoring for new and amended regulations, standards, and guidance from primary regulatory authorities globally as well as working closely with our HR business partners to update relevant controls and drive regulatory readiness.

• Conduct compliance risk assessments and review and assess regulatory and compliance breaches and remediation.

• Ensure that all material residual HR regulatory risks and issues together with remedial/mitigation actions are documented and reported appropriately to senior management in a timely manner.

• As appropriate, ensure accurate and timely reporting of risks, metrics, objectives & key results (OKRs) and other compliance requirements to governance fora to demonstrate compliance with regulatory obligations and satisfy internal reporting requirements on the effectiveness of the HR compliance program.

• Assist in the management of HR specific regulatory examinations, inquiries and prepare business leaders for supervisory activities conducted by regulatory authorities.

• Educate compliance and business personnel on applicable HR related regulatory obligations and firm policies.

• Prepare and present annual and periodic HR Compliance program reports/reviews to satisfy client, regulator, and internal management requirements, including Compliance Program Evaluations to support the State of Compliance Report.

• Participate in activities to enable successful HR compliance risk framework implementation including identifying data requirements, key risk indicators, key performance indicators, OKRs, tools, and technology to support risk management and governance activities.

• Provide guidance to internal stakeholders on HR compliance business practices.

• Serve as a point of contact for internal and external stakeholders on HR compliance matters.

• Develop HR compliance risk related training curriculums for HR business partners and employees.

• Be a role model of risk management excellence

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