CASS Risk Specialist & Administrative Assistant, Associate

State Street Corporation
Edinburgh, United Kingdom
03 Feb 2023
11 Feb 2023
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Why this role is important to us

This CASS Office role is focused on ensuring State Street Bank & Trust Company's (SSBTC) compliance with the rules and guidance in the Financial Conduct Authority (FCA) Client Asset (CASS) sourcebook

The UK CASS Office oversees relevant businesses across Global Delivery, Global Markets and Institutional Services in respect of CASS compliance. We deliver First Line of Defence oversight and assurance and provide expert support to the SSBTC designated Head of CASS, Steve Olford and CASS advisory services to businesses across SSBTC.
The CASS Office works closely daily with business partners, Compliance, and other Corporate functions to complement and build on the control and risk infrastructure already in place.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for
As CASS Risk Specialist & Administrative Assistant, Associate 2, you will

Individual Role Responsibilities:
  • Provide administration support for the UK CASS Office: Documentation management, meeting organization, Collaborate/Yammer updates, calendar/workload planning, daily checklist and other administration activity as required
  • Produce / analyse regular CASS management information
  • Support the administration of CASS Committees, working groups and project teams. This includes meeting pack collation, monitoring actions, minutes, and escalation of overdue requirements
  • Support CASS assurance testing plans and execution
  • Participate in CASS related projects/audits that remediate issues or ensure readiness for change, with specific responsibility for project administration.
  • Maintain and continuously develop knowledge around CASS and core business products / processes
  • Perform other administrative / risk specialist duties as required
Shared Role Responsibilities:
  • Contribute to a culture of accountability, challenge and ownership for CASS compliance across all levels and relevant functions within State Street's regulated entities.
  • Work with CASS team, business partners and external parties to resolve issues and ensure adherence to all relevant policies / regulations / guidelines.
  • Cultivate effective relationships with internal business partners to successfully achieve organizational goals.
Individual Contributor:
  • Work independently within the scope of established guidelines and practices and consult with senior staff where clarification or exception to policy is required
  • Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role
  • Comply with the State Street Standard of Conduct
  • Support the 'Risk Excellence' culture within the business
  • Adhere to limits of delegation and escalation procedures required by your manager so that you comply with internal policies and external regulations

What we value

These skills will help you succeed in this role
  • A growth mindset that welcomes change / challenge
  • Effective communicator and collaboration with colleagues at different levels
  • Being an effective team player and an ability to also work under their own initiative
  • Meticulous attention to detail and follow up
  • Strong working knowledge of MS Office, particularly Excel, Power-Point, Word

Education & Preferred Qualifications

  • Previous experience of business / office administration related activities
  • Previous experience in Custody / Global Operations business would be beneficial
  • As per person specification, a candidate who may not necessarily meet all of the specification above may be considered for the role provided they have relevant skills / knowledge.

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.
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