Legal Entity Business Controls Privacy Specialist, Senior Associate

Legal Entity Business Controls Privacy Specialist, Senior Associate

State Street Corporation
1-3 years
Not Specified

Job Description

Why this role is important to us:
The team you will be joining is a part of State Street Hangzhou Business Controls. The main responsibility is to assist Hangzhou Business Controls team with the development, management, monitoring and reporting of all legal entity Business Controls related activities and projects.
What you will be responsible for:
As Fund Accounting & Administration, SrAssc , you will:
  • Establish himself/herself as the dedicated Privacy Point of Contact for this legal entity:
    • Work as part of a global centralized Privacy team, which will obviate the Privacy risk within the FLoD
    • Oversee China Hub meeting FLoD Privacy controls requirement
    • Review existing Privacy related China Hub SOPs and controls to identify any country specific Privacy requirement
    • Supporting China hub with any privacy related queries and being discussion partner on Privacy
    • Identify any potential gaps, compliance issues, risk areas or opportunities for improvement within FLoD Privacy
  • Assist with the development, implementation and execution of controls, procedures and guidelines in support of Business FLOD, Business Controls Management, Compliance Oversight Programme  (COP) and Integrated Non-Financial Risk Assessment (INFRA)
  • Partner closely with the Business Controls regional teams, Global Delivery Business Controls teams, Compliance Team, Enterprise Risk Management Team  and the FLOD Office to ensure effective communication, ongoing collaboration and strengthen the compliance culture and control environment
  • Assist management in the development and maintenance of policies, procedures and guidelines designed to facilitate compliance with laws and regulations  
  • Monitor and update associated monitoring tools, i.e., FLoD Tracking, Archer, ICAMS etc.
  • Attend meetings with or on behalf of Business Controls management relative to FLOD, Compliance, Risk and other projects
  • Support and assist management in developing and managing the FLOD program in the region to ensure effective identification, measurement, control and management of the relevant regulatory risks.
  • Support oversight of Compliance and Risk issues
  • Support FLOD assurance testing to identify and assess key controls and produce detailed reports ensuring all findings are clearly documented with supporting evidence. Coordinate with other control groups to evaluate design and effectiveness.
  • Assist with oversight of organizational on/off boarding, maintain employee lists
  • Develop, maintain and distribute FLOD and compliance related management reporting for Business Risk and Compliance Committee and other required parties
  • Cultivate and grow relationships with Business Controls team, internal departments and other support staff; expand professional network to enhance role assignments

Manage ad hoc projects and duties as assigned (attendance of various working groups and FLOD initiatives)
What we value:
These skills will help you succeed in this role:
  • Strong oral and written English skills essential; ability to participate in evening calls is mandatory for this role
  • Experience within the financial services industry; 1-3 years; compliance or risk preferred
  • Experience in assurance and control environment preferred
  • Basic knowledge of APAC based regulatory schemes
  • Ability to identify potential issues and/or breaches of firm or corporate requirements
  • Good analytical and interpretative skills
  • Good interpersonal skills
  • Good excel and power point skills
  • Ability to prioritise work product required
  • Enthusiasm to learn about the financial industry, risk and controls environment in a sales department, and the regulatory schemes that govern the underlying business lines

Education & Preferred Qualifications:
  • Effective Communication – convey and receive messages clearly in both English and Chinese
  • Manage Execution – deliver strong execution of work results through effective planning and prioritization
  • Problem Solving and Decision Making – develop solutions and provide necessary guidance to ensure that effective decisions are reached
  • Professional Agility/Flexibility – be adaptable and responsive to change
  • Advanced knowledge of MS Office suite of applications

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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

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. Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It’s also part of our commitment 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. As an Affirmative Action/Equal Opportunity Employer, we consider applications for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender, 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. For more information, for U.S. jobs only, please read our CEO Statement.

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