FAQs
What is the job title for this position?
The job title is Compliance Risk Assessment and Monitoring Specialist, Assistant Vice President.
Where is this position based?
This position is based in Munich or Frankfurt, Germany.
Who will this role report to?
This role will report directly to the head of SSBI Compliance Methodology.
What are the main responsibilities of this role?
The main responsibilities include designing and enhancing methodologies for Compliance Risk Assessment and Compliance Monitoring, coordinating risk assessment execution, analyzing results, and preparing reports for senior-level risk committees.
What qualifications are preferred for this position?
Preferred qualifications include a completed university degree in a related discipline, three to five years of experience in a related field, relevant experience in a risk or control function, and fluency in English (German fluency is an advantage).
What skills are necessary to succeed in this role?
Necessary skills include strong analytical and problem-solving skills, effective communication and organizational skills, knowledge of risk assessments and control frameworks, and the ability to collaborate with compliance and business partners.
Is fluency in languages other than English required?
Fluency in English is required, and German fluency is considered an advantage.
What experience is required related to compliance risk assessment?
The ideal candidate should have previous experience in a risk or control function within the financial industry, including conducting or designing risk assessments or compliance risk monitoring plans.
What professional certifications are considered a plus for this position?
Relevant professional certifications such as CIA, CPA, ACCA, CISA, CFE, or statutory auditor qualifications are considered a plus.
Does State Street offer professional development opportunities?
Yes, State Street offers personal development possibilities and an extensive web-based training catalogue.
Is there a mentoring program available for employees?
Yes, there is a mentoring program available for employees.
What are the working hours for this position?
Depending on the legal entity, the working hours are either 37.5 or 40 hours per week.
Are there any health and wellbeing programs available?
Yes, there are wellbeing and health programs available, including an anonymous Employee Assistance Program and PME Family Service.
How does State Street view diversity and inclusion?
State Street believes that diverse backgrounds, experiences, and perspectives contribute to creating an inclusive environment where everyone can thrive.
What is State Street's commitment to social responsibility?
State Street is actively engaged with communities worldwide, offering programs for paid volunteer days, matching gifts, and access to employee networks to help employees stay connected to important causes.