State Street

Job Description

For the Chief Adminiatration Office department in our company State Street Bank International GmbH in Zurich we are looking for a Business Controls Officer (m/f) – Job ID R-573995.

The Business Controls Officer will be responsible for assisting with the implementation of the First Line of Defense (FLOD) Policy and ensuring consistent implementation of FLOD policies and procedures across the State Street Bank International GmbH Zurich Branch (SSBI Zurich).

Major Responsibilities

  • Support Business Controls in SSBI Zurich with the implementation of FLOD policy; including where applicable leading allocated FLOD work streams
  • Run and maintain FLOD implementation meetings  
  • Provide FLOD policy Subject Matter Expert (SME) support to all stakeholders
  • Ensure consistent implementation of FLOD policies and procedures across the business units as appropriate
  • Actively manage and participate in working group meetings and provide communication commensurate with Sponsor/Manager requirements on FLOD activities
  • Develop and retain effective working relationships and communications with SSBI Zurich staff and the Business Controls team
  • Responsible to have a detailed understanding of the scope of FLOD policy
  • Ensure appropriate management information is produced and reviewed at appropriate intervals
  • Monitor data quality initiatives and actively collaborate with various business functions across the branch to deliver policy implementation projects

Education, Experience and Skills

  • Successfully completed Bachelor’s degree or equivalent education
  • Several years of  experience in related field
  • Prior experience in Operational Risk Controls Work, Audit or Compliance function is essential
  • Advanced knowledge of an Operational Risk based controls testing program
  • Good knowledge and understanding  of the Swiss Regulatory Framework
  • Good knowledge and understand of the custody and  fund administration industry
  • Proficiency in MS Office applications
  • Fluency in English, German knowledge beneficial
  • Ability to be flexible and to adapt to changing circumstances
  • Strong attention to detail and excellent communication skills
  • Ability to work collaboratively and influence across multiple stakeholders as well as to work effectively with all levels of management
  • Self-motivated and capable of working independently as well as be an effective team player and collaborator
  • Effective time management skills and proven ability to multi-task


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