Compliance Risk Assessment and Monitoring Specialist m/f/d, Assistant Vice President, Hybrid

Who we are looking forAs the Compliance Risk Assessment and Risk Monitoring Specialist, Assistant Vice President, you will be based in Munich or Frankfurt, Germany, reporting directly into the head of SSBI Compliance Methodology.In this role you will drive the design, execution and ongoing enhancement of the methodologies underpinning SSBI’s legal entity Compliance Risk Assessment and multi-year Compliance Monitoring and Testing plan. You will coordinate the execution of the risk assessment for the SSBI Head of Compliance, gathering input from Compliance Advisory colleagues across our locations and businesses. You will analyze the results, ensuring that the methodology was closely followed and that the output is accurate, complete and of high quality. You will help prepare reporting for senior-level risk committees, the Management Board and the Supervisory Board on the results of the compliance risk assessment and regarding the execution and output of the compliance risk monitoring and testing plan. In addition, you will be a point of contact for internal audit reviews related to risk assessment and monitoring & testing.This role is perfect for someone seeking the opportunity to dive into the innerworkings of the compliance program of a significant European bank and global financial institution. Someone who is highly organized, efficient focused on producing top-quality, accurate work, and who is analytically minded and technically capable. This person is driven and innovative by nature, always seeking to streamline existing processes and find better solutions.The ideal candidate for this role has previous experience in a risk or control function within the financial industry. They will have conducted or designed risk assessments or compliance risk monitoring plans. They will be familiar with European and German regulatory requirements applicable to compliance risk assessment and risk monitoring and testing or have a background in audit within the German or European context.What you will be responsible forOwn and continually enhance the methodology and related procedures for Compliance Risk Assessment and the Compliance Risk Monitoring and Testing planAct as a Compliance Risk Assessment coordinator for the SSBI Head of Compliance, providing robust support during the risk assessment cycles and producing reporting on risk assessment activities to the appropriate governance committeesOwn and continually enhance methodologies and procedures related to the multi-year compliance risk monitoring and testing plan, in close partnership with our Compliance Advisory and dedicated compliance risk testing team in PolandFacilitate regular and ad hoc updates of the compliance risk assessment and provide summary reporting to managementUtilise internal dashboards to source quantitative Risk Assessment data (e.g. findings, controls etc.) to complete the semi-annual refreshSupport the SSBI Head of Compliance by providing feedback to relevant risk assessments performed by other functionsKnow and understand the firm’s top risk areas, understand how they manifest and help ensure they are robustly and accurately assessedMaintain a strong connection and feedback loop between the risk assessment and the risk monitoring and testing planWhat we value These skills will help you succeed in this roleStrong analytical and problem solving skills, with exceptional attention to detail.Proven organizational skills with an ability to prioritize, work under pressure and meet tight deadlines.Effective communication skills, including strong writing and presentation skills.Strong collaboration and interpersonal skills, with the ability to establish credibility and strong partnership with Compliance and business partners.Strong knowledge and experience of risk assessments and control frameworks, issues management and risk control and self-assessment (RCSA) processesKnowledge and experience regarding relevant German and European regulatory frameworksEducation & Preferred QualificationsCompleted university degree in a related disciplineThree to five years of experience in a related field (e.g., financial services, banking, consulting, audit)Relevant experience in a risk or control function of a highly regulated, international firmFluency in English is requiredGerman fluency is an advantageExperience in risk assessment methodologies, tools and techniquesProficiency in PowerPoint, Excel and WordLEAN, Agile, Six Sigma certifications a plusRelevant professional certifications (e.g., CIA, CPA, ACCA, CISA, CFE, statutory auditor etc.) a plusWe offerFlexible working timeWork from home days might be possible depending on the roleDepending on legal entity 37,5 or 40 working hours per weekPension plan offeringWellbeing & health programs (anonymous Employee Assistance Program, PME Family Service, trainings)Group accident insuranceMentoring programRegular performance reviews and structured performance managementPersonal development possibilities and extensive web based training catalogueFree German and English language classesGlobal Inclusion, Global Outreach and Corporate Citizenship programsDynamic, diverse, international, and multicultural working environment with English company languageAbout State StreetWhat we do. 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 servicing, 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. You’ll have access to flexible Work Programs to help you match your needs. 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 organisation 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/careersState Street’s Speak Up LineSummaryLocation: Munich, Germany; Frankfurt, GermanyType: Full time