Alpha Platform Business Risk Management, AVP

State Street

Job Description – Alpha Platform Business Risk Management, AVP

Who we are looking for –

Alpha Platform is looking for an experienced risk professional to join their Business Risk Management (BRM) team. A candidate for this position is expected to work in a fast-paced environment akin to a commercial software company in order to meet the expectations of this rapidly growing business. Risk management skills, especially those acquired at G-SIFI organizations and/or large public accounting firms, balanced with technology and data skills will contribute to a candidate’s success in this position. This is a full-time position located at our Burlington, Massachusetts office.

Why this role is important to us –

Effective risk management is a top priority for a G-SIFI organization. As a member of the BRM team you will assist in the execution of a risk management program aimed at governing, overseeing and managing risks, in support of the firm’s risk excellence goals.

What you will be responsible for –

  • Identify and assess risks and controls within business and technology processes
  • Test design and operating effectiveness of controls as part of periodic required process and control reviews
  • Self-identify, and assist the business in self-identifying, control issues, analyze their root causes, draft / assist in drafting appropriate and timely remediation plans, and continuously monitor remediation progress
  • Advise the business on risks and control design, adopting a partnership approach, especially during introduction of new technology and business processes
  • Assist with the execution of key business risk programs, including regular risk reviews, risk reporting, oversight and governance activities (including issue and incident management), and monitoring control performance
  • Assist with the preparation and coordination of outside reviews, including audit events and/or regulatory examinations
  • Escalate any perceived violations of rules, regulations, policies, procedures and recommend a course of action

What we value –

  • Ability to effectively prioritize multiple tasks and work independently in non-routine situations
  • Willingness to learn new technologies and processes
  • Strong analytical, interpersonal, organizational, research, and communication (verbal and written) skills
  • Good understanding of the role of first, second and third line of defense
  • Strong influencing, collaboration, and project management skills
  • Critical thinking and intellectual curiosity
  • Initiative, ownership and energetic
  • Excellent analytical skills
  • Self-motivation, self-assurance and self-management
  • Excellent team player and treating others with respect

Education & preferred qualifications –

  • University degree in information systems, computer science, or related field
  • Proficiency in IT and risk management
  • Knowledge of industry Risk and Control frameworks (COSO, COBIT, NIST, ISO, etc.)
  • Experience with Microsoft Tools, Archer platform, Open Pages, Tableau, SharePoint
  • Technical certifications preferred e.g. CISA, CISM, CRISC, CISSP

Who we are –

  • Alpha Platform builds and operates technology platforms and harmonizes data for use across the end-to-end investment management cycle so clients can overcome silos, work smarter and stay in sync. The Alpha Platform organization includes Alpha Data Platform, Charles River Development, Mercatus, Commercialization, and Platform Management. We are part of State Street, a Global Systemic Important Financial Institution (G-SIFI), who 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 in 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.
  • We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in location, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
  • We truly believe our employees’ diverse backgrounds, experiences and perspective 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.

Salary Range:

$80,000 – $132,500 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.

Job Application Disclosure:

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.

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