State Street · 3 days ago
Risk Monitoring Associate 2
Quincy, MA
Full-time
Onsite
Entry Level
$42K/yr - $60K/yr
1+ years expState Street is one of the largest custodian banks and asset managers in the world. The Risk Monitoring Center of Excellence is seeking a Risk Monitoring Associate to assist in evaluating transactions and ensuring compliance with corporate risk policies while supporting the team in meeting departmental goals.
BankingFinanceFinancial Services
Responsibilities
Analyze and review transactions on a case-by-case basis, and resolve or escalate as needed
Ensure all transactions are actioned by market and currency deadlines
Ensure a full understanding and adherence to Corporate Risk Policy and Standard Operating Procedures
Participate in self-testing and other related audit requirements
Support team initiatives, by learning and completing job related functions, thus meeting departmental goals and objectives
Respond promptly to client queries, and ensure a timely resolution
Perform functions utilizing various system applications including MCH, MTS, IBS, and Hogan
Meet accuracy and productivity targets as established by management
Performs all duties in accordance with prescribed regulatory compliance guidelines
Identify, escalate and/or report any unusual or potentially suspicious transaction activity in accordance with corporate policy and guidelines
Qualification
Required
Bachelor's degree or equivalent business experience
1-2 years of experience in the financial industry
Strong written and verbal communication skills
Ability to multitask, ensure accuracy and execute against pre-determined deadlines
Analyze and review transactions on a case-by-case basis, and resolve or escalate as needed
Ensure all transactions are actioned by market and currency deadlines
Ensure a full understanding and adherence to Corporate Risk Policy and Standard Operating Procedures
Participate in self-testing and other related audit requirements
Support team initiatives, by learning and completing job related functions, thus meeting departmental goals and objectives
Respond promptly to client queries, and ensure a timely resolution
Perform functions utilizing various system applications including MCH, MTS, IBS, and Hogan
Meet accuracy and productivity targets as established by management
Performs all duties in accordance with prescribed regulatory compliance guidelines
Identify, escalate and/or report any unusual or potentially suspicious transaction activity in accordance with corporate policy and guidelines
Benefits
Generous medical care
Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
Access to our Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
Eligibility for certain tax advantaged savings plans
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
Andrew Zitney
Executive Vice President, Chief Technology Officer
Recent News
2025-12-30
2025-12-30
2025-12-18
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