SSGA EMEA Operational Risk Manager , AVP
The SSGA EMEA Operational Risk Manager, based in London, supports program strategy and framework implementation to ensure effective identification, measurement, control and management of SSGA operational risk in Europe, the Middle East and Africa. The role includes oversight for all asset management activities both locally and regionally, as well as any support or sub-delegated responsibilities outside of EMEA.
The Team Sitting within the 2nd line of defense, this Associate Vice President role reports to the Head of EMEA Operational Risk in the UK, providing global functional support and strong cross risk discipline within the EMEA region. We are a diverse team of over 60 risk professionals based in London, Dublin and Poland, together with the US and Asia. As a combined group, the team is responsible for identification, control and reporting of operational, investment, credit and liquidity risk globally.
Across the globe, institutional investors rely on State Street Global Advisors to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do; engaged employees are important to our continued success. Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our values. It's also part of dedication to inclusion, development and engagement, and corporate social responsibility. You'll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us. State Street is an Equal Opportunity Employer.
Your Duties and Responsibilities Support the overall operational risk program and framework of SSGA EMEA's business units together with ensuring the region's ongoing quality of business unit programs.
Ensure that appropriate risk management information is produced and reviewed at appropriate intervals and to the relevant bodies (Committees, Boards etc.).
Collaborate on dashboard and Key Risk Indicator design and reporting and call out heightened or out of appetite risks to all relevant Governance bodies.
Provide strategic oversight to business line development through identification and communication of emerging risks and themes.
Support regulatory requirements such as ICAAP risk assessments and risk identification workshops for the relevant entities.
Provide education and tools to the 1st line business to promote / enable self-assessment, measurement, reporting and management of operational risk.
Ensure identification of reported incidents are assessed and tracked and corresponding initiatives are implemented as appropriate.
Perform Targeted Risk Assessments and 'Deep Dive' investigations in to operational processes and work with the business to ensure the development of action plans to remediate identified control gaps.
Maintain the highest standards of conduct and integrity and ensure compliance with accepted industry practice, company policies, statute and regulatory requirements.
Support a culture of risk openness and effective challenge
Your Experience and Profile You will have multiple years of asset management experience with a substantive portion in Enterprise Risk Management, Compliance or other oversight function. You will be able to demonstrate knowledge of process and control design, assessment and leading practices within the industry. With a real passion for complex problem solving and skill in strategies to drive engagement and visibility, you will drive a shared sense of urgency in others.
Adept at operating in dynamic environments, your ability to influence, relationship skills and 'can do' approach will help in working together in a team to deliver to deadlines. Your ability to build strong internal partnerships will help you develop relationships with portfolio managers, traders, client facing teams, operational staff and senior management whilst also injecting objective oversight when needed.
The operational risk team in EMEA is located in multiple locations and you will need to show a proven track record in collaborating with staff across multiple locations.