BRME SOC1 & Risk Program Lead, AVP - State Street Global Advisors

Job Description

Why this role is important to us

The Business Risk Management Executive (BRME) team is a first line function that partners with State Street Global Advisors business teams to properly identify, assess and manage operational and regulatory risk. The SOC1 & Risk Program Lead will play an important role on this team, responsible for managing the day-to-day engagement with the external auditor and internal process/control owners to deliver an annual SOC1 report.  This role will also support the execution of other risk programs including but not limited to the Risk & Control Self-Assessment (RCSA), Control Assurance, and governance reporting.  The SOC1 & Risk Program Lead will work closely with business leaders, ERM, and Compliance.  Seeking professionals with 5+ years of experience in operational risk, compliance, audit, or managing risk in a direct business role supporting an asset manager.

Why this role is important to us

The team you will be joining is a part of State Street Global Advisors, one of the largest asset managers in the world. We partner with many of the world’s largest, most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous, research-driven investment process. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. 

Join us if making your mark in the asset management industry from day one is a challenge you are up for.

What you will be responsible for

As a SOC1 & Risk Program Lead you will

• Support the business and its external auditor in initial planning, walk-throughs and testing of SOC1 controls to ensure an effective and efficient process, problem assessment / resolution as needed, and successful delivery of the annual report
• Provide support and leadership for other risk programs such as the SSGA global Risk & Control Self-Assessment (RCSA), Control Assurance with specific emphasis on control design (as needed), control inventory rationalization and certification, and governance reporting
• Maintain deep subject matter knowledge related to business line activities, operating model, industry and regulatory trends, as well as business and technology risks; efficiently and effectively apply this insight into program leadership and stakeholder engagement
• Engage BRME peers, leaders of other risk programs, and partners in the 2nd and 3rd line of defense to further challenge and develop risk and remediation priorities
• Establish and maintain productive relationships with key business function leaders; instill confidence by demonstrating credibility and expertise on core programs and services
• Educate business stakeholders on program objectives, requirements and expectations

What we value

These skills will help you succeed in this role

• 5+ years of financial services experience with a large financial services firm or advisory/consulting firm including experience as an internal auditor, risk or compliance officer or related business role actively assessing and managing risk
• Current or prior experience leading or providing support for SOC1 or similar audit reports
• Independent strategic thinker with an understanding of regulatory, operational, and technology risks in financial services, preferably within investment management function(s)
• Strong organizational awareness with ability to facilitate and resolve conflicts; ability to make informed, risk optimized decisions under time pressure
• Ability to manage and coach teams to produce efficient and high quality deliverables
• Ability to collaborate and drive results within the organization
• Excellent written and verbal communication skills, including the ability to adapt to various situations and audiences
• Demonstrated analytical and problem-solving skills and ability to work on global cross-functional projects
• Strong ability to lead through influence
• Excellent skills in MS Excel, PowerPoint, and process mapping tools
• Self-motivated professional with the ability to work within deadlines and meet goals

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great