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Non-Financia Risk Reporting Services - AVP

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State Street

Nov 12, 2024

  • Job
    Full-time
    Expert Level
  • Business, Operations & Strategy
  • Bangalore
  • Quick Apply

AI generated summary

  • You need 15-18 years of experience, strong analytical and communication skills, expertise in data tools (Power BI, Python), and the ability to create presentations for all levels, including executives.
  • You will produce and oversee Non-Financial Risk reports, engage with stakeholders, analyze report needs, manage the team, and ensure goals align with organizational objectives.

Requirements

  • 15 – 18 years of experience.
  • Any Bachelor Degree / Post Graduation.
  • 10 – 12 years of relevant experience required.
  • Certifications on Enterprise Risk Management would be plus.
  • Knowledge on Power BI / Python / Tableau will be added advantage.
  • Strong communication skills with the ability to work with all levels of personnel across the organization, including senior executives.
  • Strong presentation skills – ability to create and deliver clear, well-structured presentations appropriate to the audience.
  • Good excel skills and adapting to source systems in State Street.
  • Strong analytical skills. Should have strong data analysis and data interpretation skills.
  • Ability to understand and collect requirements from Stakeholders.
  • Experience in analyzing and interpreting business requirements to identify technical solutions.

Responsibilities

  • Report Production
  • Oversee production of Non-Financial Risk reports for internal Stakeholders across Operational Risk, Technology and Compliance Risk disciplines.
  • Understand the reporting methodologies and propose improvement opportunities to improve effectiveness and efficiencies.
  • Work closely with the team to plan production of reports, adapt to changes to reporting timelines and methodologies.
  • Ensure accuracy and timeliness of the report deliverables are met.
  • Work closely with the BI developers to implement changes to the reports as requested by the report users.
  • Stakeholder Engagement
  • Engage with senior stakeholders (Report Consumers) to ensure their reporting needs (Design, Metrics, Methodologies and Frequency) are met.
  • Conduct regular meetings with stakeholders and obtain feedback.
  • Work with stakeholders on report standardization opportunities to create consistency in report templates, methodology and application of changes.
  • Conduct monthly governance meetings with stakeholders to review KPIs, performance breaches, areas of improvement, challenges related to migration, etc.
  • Present Key Performance Indicators and address feedback to show continuous improvement.
  • Business Analysis
  • Understand stakeholder needs and translate into report requirements for implementation.
  • Understand the Target Operating model of the team and work together with team to realize the short term and long-term goals.
  • People Management
  • Set clear and attainable goals for the team ensuring they align with the overall organizational objectives.
  • Assign responsibilities and tasks to team members based on their strengths and abilities.
  • Establish clear performance expectations, conduct regular assessments, deliver constructive feedback and provide guidance and support to facilitate continuous development and excellence.
  • Establish open and effective communication channels with the team and across departments.
  • Identify and support the training and development needs of the team members to create learning opportunities and foster an environment of continuous growth to enhance skills and knowledge.

FAQs

What is the primary responsibility of the AVP in Non-Financial Risk Reporting Services?

The primary responsibility is overseeing the production of Non-Financial Risk reports for internal stakeholders, ensuring accuracy and timeliness, and improving reporting methodologies.

How many years of experience are required for this position?

15 to 18 years of overall experience, with 10 to 12 years of relevant experience required.

What types of risks will the AVP be reporting on?

The AVP will be reporting on Operational Risk, Technology Risk, and Compliance Risk.

What tools or software knowledge is preferred for this role?

Knowledge of Power BI, Python, and Tableau is considered an added advantage.

How does this role interact with stakeholders?

The AVP will engage with senior stakeholders to understand their reporting needs, conduct regular meetings for feedback, and work on standardization opportunities for reports.

What kind of educational background is preferred for candidates applying for this position?

A Bachelor's degree or higher is preferred, along with certifications in Enterprise Risk Management being a plus.

What skills are deemed essential for success in this role?

Strong communication and presentation skills, good Excel skills, strong analytical abilities, and the capacity to collect and translate stakeholder requirements are essential.

Will there be opportunities for team management in this role?

Yes, the AVP will be responsible for people management, including setting goals, assigning tasks, providing feedback, and supporting team development.

What is the significance of this role within the organization?

This role is crucial for assessing and managing the company’s risk profile, ensuring that institutional investors can effectively navigate risks and drive performance.

Does the company promote diversity and inclusion?

Yes, State Street is committed to creating an inclusive environment and actively engages with diverse communities around the world.

We’re at the heart of financial services. And our clients are at the heart of everything we do.

Finance
Industry
10,001+
Employees
1792
Founded Year

Mission & Purpose

At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.