Business Controls, Assistant Vice President

5 months ago


Hangzhou, China State Street Full time

Who we are looking for

Looking for a Business risk management professional to support the various disciplines, and business unit aligned work in GD and IS Business Risk Management. Ideally we are looking for a candidate with some risk management experience with exposure to the Operational environment at State Street (or similar firm).

Why this role is important to us

The team you will be joining is a part of State Street Business Risk Management (BRM), which is a valued partner to the business in the identification, assessment and mitigation of risk, and cultivation of a framework of practices which enable a balance of commercial considerations with the risk excellence objectives established by business leadership.

Join us if making your mark in this team from day one is a challenge you are up for.

What you will be responsible for

Formulate, organize and monitor inter-connected initiative Support business verticals within global delivery and all other key departments with business risk matters Act as a valued partner to the business in the identification, assessment and mitigation of risk, and cultivation of a framework of practices which enable a balance of commercial considerations with the risk excellence objectives established by business leadership Provide strategic and tactical leadership on the effectiveness of the risk and control environment and the remediation of areas of risk Advise the business, product and operating areas, and client-facing teams globally on key risk matters and initiatives Coordinate with the second and third lines of defense and applicable governance forums to ensure risk management practices across the business align with firmwide risk and control objectives Provide ongoing guidance to the line of business on new clients, business initiatives and operating arrangements to ensure appropriate risk mitigation Support the implementation of globally consistent risk and control practices across the business, to the extent practicable from a commercial and regulatory perspective Collaborate globally to increase awareness and understanding of LE and Regional Nuances across the BRM team.

What we value

These skills will help you succeed in this role:

Critical thinker. Ability to solve for complex problems Dive in to the detail and ensure plans are deliverable and sustainable in an operational environment Ability to multi-task and remain organized in a fast paced working environment Strong communication skill, experienced in employee engagement

Education & Preferred Qualifications

Bachelor’s Degree or above Overall experience of 10+ years in Financial services or Risk Management or both Experienced in Project Management Able to face off to senior executives

Additional Requirements

Advanced knowledge of MS Office suite of applications Excellent writing, data management, and reporting skills Attention to detail and dedication to pursue data quality High degree of intellectual curiosity Superb relationship management skills Strong oral and written English and Chinese skills are essential

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers



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