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Sr. Associate, Risk Management

Sr. Associate, Risk Management-1900012


Position Summary:

The Sr. Associate, Risk Management serves as a subject matter expertise (SME) and serves as an authority and credible challenge to management regarding performance, potential or emerging risks, ensuring business conformity with risk frameworks, and policies and driving risk culture. S/he selects and optimizes risk management processes and strategies for various initiatives across the company.

Responsibility Statements:
  • Acts as liaison with first line BCO functions and second line Risk Control functions to deliver on risk frameworks, policies and programs
  • Delivers industry best practices, tools, guidance, and training to increase capabilities and throughput.
  • Demonstrate strong subject matter expertise and serve as an authority and credible challenge to management regarding performance, potential or emerging risks, and business conformity with risk culture, frameworks, and policies.
  • Provides direct support, participation, and oversight for developing, managing, and executing the BCO oversight framework and strategy
  • Provides oversight of FLD BCO function effectiveness through on-going monitoring and assessment.


  • Bachelor's Degree or equivalent work experience
  • Business, Finance, Management, or equivalent field.
Work Experience:
  • 9-12 years Risk Management
Skills and Abilities:
  • Strong knowledge of risk management principles, methodologies and tools, governance principles and activity preferably in a financial services environment.
  • Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense
  • Ability to direct, train and guide peers, subordinates and management.
  • Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
  • Ability to convey a sense of urgency and drive issues/projects to closure.
  • Ability to adapt and adjust to multiple demands and competing priorities.
  • Excellent written and oral communication skills.
  • Excellent analytical, organizational and project management skills.
Physical Demands:
  • May frequently require minimal physical effort such as sitting, standing, and walking.
  • Improves relationships between key individuals to achieve seamless cross-team work flow and positively impact results.
  • Uses informal networks to gain support for ideas and projects.
  • Brings out the best in each team member by consistently motivating and acknowledging peer contributions
  • Understands and leverages team dynamics
  • Fully accountable for timeliness, completeness, quality of projects, processes, products and services
  • Remains calm and focused on goals while facing pressures, obstacles or short-term setbacks
  • Ensures people receive the information they require, and brings the team together to share information
  • Effectively conveys difficult or complex information in an easy to understand manner, by providing the big picture and illustrating important linkages
  • Asks open-ended questions that encourage others to give their points of view
  • Keeps up -to-date with external market events, pressures and regulations which may impact the organization and assesses whether similar issues exist in the organization
  • Can identify functional and organizational implications associated with major trends
  • Designs solutions to address industry activities that impact the organization
  • Monitors adherence to policies, regulations, processes and procedures within function and actively undertakes corrective action where necessary
  • Understands end to end processes across the organization and how processes are integrated
  • Has a practical knowledge of regulations impacting area supported
  • Ensures that all directs and colleagues have appropriate knowledge of risk and the regulatory environment
  • Investigates and identifies the root cause and corrects items deemed noncompliant, regardless of pressures from business or management


:Risk Management

Primary Location

:Massachusetts-Boston-75 State Street - 06366 - State Street-Corp


:CRO_US (SSY_8855)



Job Posting

:Jan 7, 2019, 2:48:24 PM


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