Compliance Officer 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.

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.

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

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 achieved

• Ability to analyze regulations, particularly those relating 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, Power Point

• An effective and relatable “culture of compliance” mentality

• Bachelor’s Degree

• Experience in project management

• Relevant…