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The role involves identifying, assessing, and mitigating operational and compliance risks within the Global Credit Finance division. Responsibilities include leading remediation initiatives, coordinating regulatory requests, and ensuring adherence to corporate risk policies.
Candidates should have a bachelor's degree or 2-5 years of professional experience in operational risk, audit, or compliance, preferably in financial services. A risk-based mindset and strong communication skills are highly valued.
Who we are looking for
The Operational Risk & Compliance (ORC) team serves as a first line of defense risk partner for the Global Credit Finance (GCF) division of State Street’s Investment Services. ORC supports GCF by helping identify, assess, manage, and mitigate operational risk while ensuring compliance with corporate, divisional, and regulatory requirements.
This position is well suited for an action-oriented individual with experience in business process analysis, managing multiple priorities, and who has a strong interest in building their risk and compliance knowledge.
Why this role is important to us
The GCF Operational Risk & Compliance team plays a critical role in maintaining a strong risk and control environment that supports the business's strategic objectives. This role helps ensure key risks are identified, managed, and appropriately governed while supporting regulatory, audit, and compliance requirements.
What you will be responsible for
As a member of the Operational Risk & Compliance (ORC) team, you will:
Support the identification, assessment, and mitigation of operational and compliance risks across GCF.
Partner with stakeholders across GCF to lead remediation and risk management initiatives that strengthen controls, improve operational effectiveness, support regulatory compliance, and drive continuous improvement.
Coordinate and support internal and regulatory requests, including walkthroughs, and ensure timely, accurate, and consistent responses.
Participate in the assessment, implementation, and adherence to policies, procedures and guidelines prescribed by corporate functions and business partners such as Compliance, Enterprise Risk Management, Corporate Information Security, etc.
Take initiative to lead targeted projects to assess risk and control deficiencies as needed
What we value
A risk‑based mindset — you understand how to balance control rigor with business practicality.
The confidence to ask thoughtful questions, challenge constructively, and escalate risks when appropriate
Clear, professional written and verbal communication,
A strong attention to detail, paired with the ability to step back and see the broader risk narrative
Someone who is collaborative and wants to be part of a team
Education & Preferred Qualifications
Experience in Operational Risk, Controls, Audit, Compliance, or a related risk area, preferably within a financial services environment.
Familiarity with issue management frameworks, audit coordination, and control design principles.
Bachelor’s degree or 2-5 years of equivalent professional experience
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
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.
Discover more information on jobs at StateStreet.com/careers
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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
At State Street, we deliver leading investment platforms, data, expertise, and solutions that accelerate performance and better decision making. With over 200 years of global financial leadership, we equip institutional investors through a comprehensive suite of capabilities: Investment Services: Integrated front-to-back solutions across custody, accounting, and operations. Investment Management: Index and active strategies from one of the world’s largest asset managers. Markets: Multi-asset trading, FX solutions, and data-driven research to enhance portfolio value. Who We Are • 50,000+ employees worldwide • Active in 100+ markets • #1 in ETF servicing What You’ll Find Here • Executive perspectives and thought leadership • Timely market commentary and macro insights • Our views on investment operations, ETFs, private markets, and digital finance • Stories reflecting our culture, values and commitment to diversity and inclusion
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