Compliance Risk Governance and Reporting Specialist

Who we are looking for

As the Compliance Risk Governance and Reporting 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 play a key part in ensuring the effective governance of the Bank’s Compliance and Conduct risks as the acting Secretary of the Bank’s Compliance and Conduct Risk Committee. You will produce meaningful Compliance Risk Reporting on behalf of the Head of Compliance and will be responsible for the SSBI Compliance risk reporting framework and related procedures. You will directly support and work with the Head of Compliance on the formalization of the Compliance Risk Opinion, a key assessment of the level of compliance risk in the bank. Finally, you will be a point of contact for internal audit reviews related to your area of coverage.

This role is perfect for someone who wants the opportunity to observe the innerworkings of a senior risk committee at a significant global financial institution, who is a highly organized and efficient operator focused on producing top-quality, accurate work, and who is an excellent communicator and collaborator. This person must be driven and innovative by nature, always seeking to improve and streamline existing processes to find better solutions.

What you will be responsible for- Support the firm’s management of Compliance and Conduct Risks through effective coordination of the Compliance and Conduct Risk Committee as its official Secretary- Support the Head of Compliance with the production of insightful compliance risk reporting that enables senior management to understand risks and what decisions and actions they need to take- This includes supporting the Head of Compliance and Compliance Leadership with the production of the semi-annual Compliance Risk Opinion report- Own and maintain the Risk Reporting Framework document to ensure that it provides comprehensive and thorough coverage of the firm’s compliance exposures and aligns with regulatory expectations and best practice- Collaborate with colleagues in other teams and across departments to incorporate their input and perspectives- Leverage insights gained through the reporting and governance processes to prepare management for key meetings and interactions, including with audit and regulators

What we value

These skills will help you succeed in this role- Proven organizational skills with an ability to prioritize, work under pressure and meet tight deadlines- Effective communication skills, including strong writing and presentation skills. Comfort and experience engaging at all levels of seniority- Strong collaboration and interpersonal skills, with the ability to establish credibility and strong partnership with Compliance and business partners- Experience running, participating in risk committees and producing risk reporting materials- Strong analytical and problem solving skills, with exceptional attention to detail- Knowledge and experience regarding relevant German and European regulatory frameworks

Education & Preferred Qualifications- Completed university degree in a related discipline- Three to five years of experience in a related field (e.g., financial services, banking, consulting)- Relevant experience in a risk or control function of a highly regulated, international firm- Fluency in English is required- German fluency is an advantage- Proficiency in PowerPoint, Excel and Word

We offer- Flexible working time- Work from home days might be possible depending on the role- Depending on legal entity 37,5 or 40 working hours per week- Pension plan offering- Wellbeing & health programs (anonymous Employee Assistance Program, PME Family Service, trainings)- Group accident insurance- Mentoring program- Regular performance reviews and structured performance management- Personal development possibilities and extensive web based training catalogue- Free German and English language classes- Global Inclusion, Global Outreach and Corporate Citizenship programs- Dynamic, diverse, international, and multicultural working environment with English company language

About State Street

What 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 o