Risk Governance Analyst, Officer, Hybrid

Who we are looking for

With immediate effect we are looking for a Germany-based Risk Governance Analyst, Officer. The role is assigned within the Enterprise Risk Management (ERM) organization of State Street Bank International (SSBI), the EU banking subsidiary of State Street Corporation.

This role will involve a variety of tasks, often highly demanding. Key attributes will include strong communication skills, the ability to collaborate with stakeholders from global teams, and the capability to work in a dynamic and complex environment.

Why this role is important to us

Banking is a risk-taking business. The goal of ERM is to ensure that State Street’s risks are proactively identified, well-understood, and prudently managed in support of our business strategy. As such, ERM provides risk oversight, support, and coordination to ensure consistent identification, measurement and management of all risks possible in providing products and services to our clients.

What you will be responsible for

Major responsibilities include:

1. Conduct quarterly review and updates of the SSBI’s Risk Appetite Framework (RAF), incl. required documentation, ensuring alignment with the business strategy
2. Lead the annual Bank-wide Risk Identification process, in alignment with global procedures, and assess emerging risks
3. Coordinate risk interdependencies across various risk dimensions
4. Collaborate with risk dimension owners to update the Bank Risk Strategy and Stress Testing Program
5. Act as a coordinator / project manager for risk-overarching processes, including the annual disclosure and other external reports, external audits, MaRisk updates, regulatory compliance requirements as well as ad-hoc requests from the CRO
6. Lead the Risk Governance workstream in key project, including data governance project as well as climate-related and environmental risk implementation project
7. Maintain the Risk Governance documentation, including policies, procedures, and technical documents
8. Maintain SLAs and provide oversight on outsourced activities
9. Ensure effective internal controls and adherence to risk policies
10. Lead the collection and synthesis of data inputs from the various risk functions for monthly executive management reporting (MIS)
11. Prepare and review materials for the Executive Management and the Supervisory Board Committees
12. Coordinate and moderate monthly senior risk management committees of the Bank
13. Coordinate the update to BCP procedures for the Risk Management department
14. Coordinate activities and update the inventories for quantification models and critical tools, maintaining consistency across the risk functions

What we value

These skills will help you succeed in this role:

1. Proven hands-on capabilities in managing tasks independently, with a willingness and ability to engage in multiple tasks concurrently and reprioritize effectively. Ability to work with tight deadlines and under pressure.
2. Strong interpersonal, organizational, communication and presentation skills (executive messaging). Ability to effectively develop and manage relationships at all levels.
3. Ability and self-motivation to master key concepts and themes in an evolving regulatory environment and model/data landscape.
4. Strong communication skills, both written and oral. Demonstrated strong analytical abilities and reasoning skills with attention to details.
5. Team player in a fast-paced, high-energy environment.

Education & Preferred Qualifications

1. Successfully completed Bachelor’s and/or Master’s degree in Business Administration, Economics or Risk Management related field
2. Minimum of 3+ years experience in a financial institution, ideally in a risk controlling or risk management function
3. A high degree of professionalism with proven history of providing effective leadership to diverse teams.
4. The ability to manage complexity, effectively prioritize multiple tasks and work independently in non-routine situations and in a fast-paced environment.

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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 our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers