Compliance Risk Testing Analyst

Are you looking for a challenging and dynamic role in the financial industry? Look no further than State Street! We are currently seeking a Compliance Risk Testing Analyst to join our team of dedicated professionals. As a Compliance Risk Testing Analyst, you will play a crucial role in ensuring the company's compliance with regulatory requirements and identifying potential risks. We are seeking individuals with a strong attention to detail, critical thinking skills, and a passion for staying up-to-date on regulatory changes. If you are ready to take on this exciting opportunity, we encourage you to apply today!

1. Conduct risk assessments and testing to identify potential compliance issues within the organization.
2. Develop and implement testing strategies to ensure compliance with relevant regulatory requirements.
3. Analyze and interpret regulatory changes and assess their impact on the company's policies and procedures.
4. Communicate and collaborate with various departments and stakeholders to gather information and address compliance concerns.
5. Prepare and present comprehensive and accurate reports on compliance testing results and recommendations.
6. Assist in the development and maintenance of compliance policies and procedures.
7. Monitor and track remediation efforts and ensure timely completion of action plans.
8. Identify and escalate potential risks and non-compliance issues to senior management.
9. Stay current on industry trends, best practices, and regulatory developments in order to continuously improve the compliance testing program.
10. Collaborate with internal and external auditors to support their reviews and audits.
11. Provide training and guidance to colleagues on compliance-related matters.
12. Maintain accurate records and documentation of compliance testing activities.
13. Participate in special projects and initiatives related to compliance and risk management.

According to JobzMall, the average salary range for a Compliance Risk Testing Analyst in Quincy, MA, USA is $68,000 - $88,000 per year. This can vary depending on factors such as experience, education, and specific job responsibilities.

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.