Who We Are Looking For
We are seeking a Head of Business Controls for the Client Coverage Group (“CCG”) within State Street Global Advisors. As the leader of a global team, you will be responsible for managing the first-line administration of internal control programs and resolving legal, regulatory, and compliance matters within the global sales and distribution organization.
This role is based in Boston, Massachusetts and reports to the Chief Operating Officer of the Client Coverage Group.
As Head of Client Coverage Group Business Controls, you will:
- Work collaboratively with SSGA business partners and compliance to develop creative, flexible and risk-conscious solutions to achieve SSGA business goals
- Provide guidance to institutional distribution personnel and management on investment management-related rules and regulations, with a particular focus on sales practices
- Develop insight on industry best practice on new and existing regulatory and governance matters, and assist in resolving sales practice-related issues
- Drive continuous enhancement of controls related to SSGA’s compliance oversight and operational risk management programs, including assisting in the completion of assigned regulatory risk assessment activities and review of all supervisory programs, and other key projects
- Report policy and procedure breaches and near-misses, including the coordination, development and/or implementation of identified remediation
- Review, assess and perform supervisory review of marketing material for compliance with applicable regulations
These Skills Will Help You Succeed In This Role
- 7-10 years of experience administering compliance programs for FINRA members, NFA members, SEC-registered investment advisers and/or SEC-registered investment companies, and an understanding of the applicable regulations
- 5+ years of people management experience
- Strong understanding of institutional asset management distribution and sales
- Demonstrated success leading and managing large, cross-functional projects with numerous stakeholders
- Experience reviewing marketing material for compliance with legal and regulatory requirements
- Strong analytical thinking, problem solving, research, time management, and verbal and written communication skills
- Acute attention to detail
- Capability to produce high-quality and/or final work product and solutions in a rapidly changing environment with tight deadlines, including the skill to prioritize and allocate projects and workflow to ensure timely and accurate delivery
- An ability to take ownership and initiative, to negotiate, influence and build consensus and successfully navigate within a demanding and international environment of a leading global financial institution
- Thrive in a highly regulated environment that demands full compliance with policies and procedures
- Collaborative by nature with the capability to lead others to achieve more
- An ability to form and cultivate positive relationships with internal partners
- A positive attitude that motivates and inspires others
Education & Preferred Qualifications
- BS or BA required
- Series 3, 7, 24, and 63 required (any missing licenses may be obtained within 90 days of employment)
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.
Salary Range
$170,000 - $267,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line
Job ID: R-766034
