Compliance - Conflicts of interest, Senior Associate

Who are we looking for

We are looking for senior compliance associate for second line of defense reporting directly to Conduct Risk Management Office India Head, and work with a team of professionals to develop and execute conduct risk policy monitoring, Resolve employee(s) queries related to conflict of Interest and outside business activities requirements, assist with regular and ad-hoc tasks related to policy compliance, coach junior team members, assist with management reports, be vigilant of any potential incidents of non-compliance.

This position is perfect for an individual who has experience with Personal Account Dealing, Conflict of Interest and Outside Business Activities, compliance or audit functions. The role will be performed in Bangalore, India.

Why this role is important to us

The Conduct Risk Management Office team you will be joining plays an important role in the overall success of an organization. CRMO is part of the Corporate Compliance and has Second Line of Defense (SLoD) responsibility for Global Personal Investment Policy, SSGA Code of Ethics, Global Conflicts of Interest Policy, Global Outside Activity Policy and Standard of Conduct. Across the globe, institutional investors rely on us to help them manage ’Conduct Risk’, respond to challenges, and drive performance and profitability. To make that happen we need teams to help navigate employees and the organization. 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. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

The Conduct Risk Management Office is also responsible for:

• Internal policies and procedures, to maintain the Ethical environment within the organization
• Educating employees on the policy requirements

What you will be responsible for

As a senior compliance associate (EL) you will

• Develop a strong understanding of State Street’s Standard of Conduct, Global Conflicts of Interest Policy, Global Outside Business Activities Policy, State Street Global Advisors Code of Ethics, Global Personal Investment Policy, and other Conduct related policies and requirements
• Develop and demonstrate proficiency with Conduct Risk policies and compliance procedures and tools
•  Ensure the risk that arises out of an employee’s disclosures related to conflicts of Interest or Outside Business Activity and Private Investments is monitored and identify suitable mitigations in accordance with the compliance policy. Support team on compliance tool User acceptance testing (UAT), enhancing the existing ‘Standard Operating Procedures’ and creating the new procedures as required.
• Ensure all discrepancies are escalated appropriately on a timely manner
• Assist State Street employees, including management, with questions regarding various topics, including the Standard of Conduct or other Conduct Risk Policies.
• Support production of management reporting, including but not limited to data collection, qualitative and / or quantitative analysis, formatting, and quality assurance
• Proactive mindset to actively collaborate with relevant stake holders locally and globally is desired.
• Ability to work in pressurizing environment, perform ad-hoc projects and requests, prioritize, pay attention to details - identify involved risk and understand Employee(s) query and compliance requirements and drive solution.

What we value

These skills will help you succeed in this role

• Sound knowledge of secondary market and financial products.
• Strong Oral/Written communication skills are desired to handle employes queries over email and calls.
• Demonstrated ability to work independently, take initiative and adaptability in managing multiple evolving tasks and priorities.
• Strong self-motivation and collaborative mindset, with the capacity to engage effectively with State Street employees
• Ability to process different types of requests. (review of outside business activity, conflicts of interest, personal trading transaction alerts, etc.) in accordance with standard operating procedures
• Ability to quickly understand new processes and learn effectively in dynamic environments.

Education & Preferred Qualifications

• Bachelor’s degree (or equivalent)
• Minimum 4 to 6 years of relevant work experience in compliance is preferred
• Working knowledge on outside business activity, conflicts of interest, Private transactions are preferred
• Experience on “Star Compliance” applications will be added advantage
• Candidate should possess strong knowledge of MS Office – Excel, Word, Power Point and Outlook

About State Street

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 service, 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. 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

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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