Vice President, Business Process Management
Company: Illinois CPA Society
Location: Boston
Posted on: October 16, 2024
Job Description:
Role Summary:This role will be instrumental in developing and
implementing a strategic plan for establishing a centralized
business mapping function in alignment with the design and
implementation of an enhanced RCSA Program.The individual will
design a structured approach in business mapping enabling the
Operational Risk Management function to visualize and optimize
business processes, workflows and relationships across departments
and functions. They will have a strong background in process
improvement, data analysis and project management, with a passion
for driving organizational efficiency effectiveness through
business mapping.The ideal candidate will have functional knowledge
of applicable best practices and regulatory expectations for an
integrated Risk and Control Self-Assessment (RCSA) Program,
Internal Control Frameworks and ORM systems of record (Archer - GRC
Platform), firmwide program implementation. The role is global in
nature and will require excellent communication, negotiation and
partnership skills in order to influence a wide variety of
stakeholders, including external regulators.Key Responsibilities
Include:
- Assessment and Planning: Conduct a comprehensive assessment of
the organization's current state regarding business processes
systems and data flows.
- Tool selection and Implementation: Research, evaluate and
select appropriate business mapping tools and technologies to
support the organization's mapping needs. Lead the implementation
and customization of chosen tools, ensuring alignment with the
enhanced RCSA Program and user requirements and scalability for
future.
- Process Identification and Documentation: Collaborate with
Operational Risk Business Oversight team members and stakeholders
from various departments and functions to identify key business
processes, workflows, and dependencies. Document these processes
using standardized mapping techniques and notation systems to
ensure clarity and consistency.
- Data Integration and Analysis: Integrate relevant data sources
and systems to provide a comprehensive view of business operations
and interaction to drive informed decision making.
- Stakeholder Engagement and Training: Engage stakeholders at all
levels of the organization to promote awareness and understanding
of the business mapping function value proposition. Provide
training and support and enable users in utilizing mapping tools
and interpret mapping outputs effectively.
- Continuous Improvement and Governance: Establish governance
mechanism and quality standards to ensure the accuracy reliability
and relevance of business mapping outputs. Facilitate regular
reviews and updates to reflect evolving business needs, regulatory
requirements, and industry best practices.
- Ongoing RCSA Support: Provide comprehensive support to the RCSA
Program, ensuring its effective implementation and ongoing success
through collaboration with Operational Risk Business Oversight
teams and stakeholders from various departments and
functions.Qualifications:
- 7+ years of direct experience with developing/managing Risk &
Control Self Assessments for financial institutions.
- 7+ years experience with GRC Tools (ex. Archer).
- Highly proficient in Microsoft Office (Word, Excel, PowerPoint,
Visio).
- Strong presentation and facilitation skills.
- Ambassador of change.
- Excellent verbal and written communication skills, with the
ability to influence and catalyze decisions from senior
management.
- Strong problem-solving and analytical skills.
- Ability to present complex issues clearly and simply.
- Familiarity with BI tooling.
- Ability to quickly analyze the status quo and identify
opportunities for continuous improvement or re-engineering.
- Bachelors degree.Are you the right candidate? Yes!We truly
believe in the power that comes from the diverse backgrounds and
experiences our employees bring with them. Although each vacancy
details what we are looking for, we don't necessarily need you to
fulfill all of them when applying. If you like change and
innovation, seek to see the bigger picture, make data driven
decisions and are a good team player, you could be a great
fit.About State StreetWhat 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.Discover more at StateStreet.com/careersSalary
Range:$110,000 - $185,000 Annual. The range quoted above applies to
the role in the primary location specified. If the candidate would
ultimately work outside of the primary location above, the
applicable range could differ.
#J-18808-Ljbffr
Keywords: Illinois CPA Society, East Providence , Vice President, Business Process Management, Executive , Boston, Rhode Island
Didn't find what you're looking for? Search again!
Loading more jobs...