Business Controls Senior Manager

Job Description

First Line Risk Manager:

Proficiency Expectation Education/Experience Requirements: Competent to Expert with a Bachelor s degree or equivalent work experience with a focus in related field preferred, 9- 10 years of related experience including previous experience managing staff

Skills and Qualifications:

Nine plus years of audit experience in either Public Accounting or Internal Audit.

Experience in Managing Staff

Bachelor degree required.

Professional audit certifications like CA preferred. CPA, CIA, CISA are a plus.

Financial Service industry experience: Mutual Funds, Institutional Investment, Investment Management, Investment Compliance.

Demonstrated technical abilities in areas of audit, accounting, regulatory, compliance, etc.

Travel: No Travel

Individual Accountabilities:

• Under limited supervision, provide direction to the business unit on elements of policies impacting the Business Controls (earlier First Line of Defense)
• Orchestrate and drive the successful and timely completion of Controls Assurance/Testing, including the identification and resolution of risks and issues
• Build strong relationships with other First Line Risk, Compliance, Risk, Audit, Legal, and business colleagues
• Lead the discussion regarding first line risk management, including but not limited to risk ratings, (where applicable), validating controls with the business, evaluating control design, and issue management
• Design an effective and efficient strategy for the execution of policies impacting the First Line; including but not limited to: Controls and Testing, Process Improvement, Reporting, Oversight, Training, Talent Management
• Work with business for 2nd and 3rd Line reviews
• Continuously develop deep knowledge of core product, process, financial markets and technology
• Recruit, retain and develop talent
• Provide regular feedback and dialogue to ensure optimal employee engagement
• Oversee production of management reporting
• Provide coaching and development opportunities to staff and responsible for managing staff
• Make effective recommendations to hire, discipline, control work, determine promotions, salary increases, bonuses and terminate employment
• Ensure self and the team anticipates, monitors, actively manages and reports all risk and compliance issues, breaches and suspicious activities
• Act in accordance with Risk Excellence and role model Ethical behavior and decision making as part of our Way Ahead foundation

  Shared Accountabilities

• Work in conjunction across First Line Risk as well as business partners and external parties as needed to resolve issues and ensure accuracy of accountabilities, and adherence to all policies / regulations / guidelines.
• Share responsibility for problem resolution requiring other State Street team s input
• Cultivate effective relationships with internal business partners to successfully achieve organizational goals
• Share expertise with colleagues and other departments
• Drive execution of Business Control policies with other members of Business Controls teams across the company with a primary focus on results

• Metrics

  Risk

• Ensure self and team complies with risk and compliance programs and actions including the timely completion of related training
• Ensure self and team complies with relevant laws and regulatory requirements
• Ensure self and team adheres to company policies and guidelines

• Client

• Performance feedback from internal stakeholders and peers
• Oversight of Assurance Events and Business Control requirements against agreed upon scope, objectives, and timeframe

• Operations

• Communication/ transparency amongst involved parties
• Continuous personal and team development

Keyskills :
financesales ltdmis accountancybuild strong relationships role modelmutual funds contro