Who are we looking for

We are looking for compliance associate for second line of defense reporting directly to Supervisor or Manager, and work with a team of professionals to develop and execute conduct risk policy monitoring, Resolve employee(s) queries related to policy requirements, assist with regular and ad-hoc tasks related to policy administration, assist with management reports, be vigilant of any potential incidents of non-compliance.

This position is perfect for an individual who has experience with Personal Account Dealing, Internal controls, compliance or audit functions. The role will be performed in Bangalore, India.

Why this role is important to us

The Conduct Risk Management Office (CRMO) team you will be joining plays an important role in the overall success of an organization. CRMO is part of the Corporate Compliance and has Second Line of Defense (SLoD) responsibility for Global Personal Investment Policy, State Street Investment Management Code of Ethics, Global Conflicts of Interest Policy, Global Outside Activity Policy and Standard of Conduct. Across the globe, institutional investors rely on us to help them manage conduct risk, respond to challenges, and drive performance and profitability. To make that happen we need teams to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions that are straightforward and scalable. You will help us build resilience and execute day-to-day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

The Conduct Risk Management Office is also responsible for:

• Internal policies and procedures, to maintain the Ethical environment within the organization
• Educating employees on the policy requirements

Key Responsibilities

As a compliance associate you will:

• Develop a strong understanding of State Street’s key compliance policies including the Standard of Conduct, State Street Investment Management Code of Ethics, and Global Personal Investment Policy.
• Demonstrate proficiency with compliance requirements related to personal investments
• Monitor and resolve alerts generated from employee trade approvals and transactions in line with standard operating procedures.
• Support User Acceptance Testing (UAT) for compliance systems, enhance existing procedures, and create new ones as needed.

• Ensure all discrepancies are escalated appropriately in a timely manner Escalate discrepancies promptly and appropriately.
• Prioritize tasks, pay attention to detail, and address employee queries related to personal investments and compliance.

• Assist employees and management with questions regarding conduct risk policies .
• Support management reporting through data collection, analysis, formatting, and quality assurance.
• Perform ad-hoc projects and requests

Desired Skills and Qualifications:

The role values candidates with:

• Sound knowledge of secondary markets and financial products.
• Strong oral and written communication skills to handle daily employee queries via email and calls.
• Ability to work independently, manage multiple evolving priorities, and show initiative and adaptability.
• A collaborative mindset to engage effectively with State Street employees.
• Strong attention to detail and prioritization skills.
• Quick learning ability in dynamic environments.
• Educational and technical qualifications include a bachelor's degree or equivalent and 1-2 years of relevant experience in compliance personal account dealing. Proficiency in MS Office tools such as Excel, Word, PowerPoint, and Outlook are also required.

About State Street

What do 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

About State Street

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.

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