Head of Human Resources Compliance – Managing Director
| Company | State Street |
|---|---|
| Location | Boston, MA, USA, Stamford, CT, USA, Berwyn, PA, USA, Princeton, NJ, USA, Kansas City, MO, USA, Paterson, NJ, USA, Atlanta, GA, USA |
| Salary | $170000 – $267500 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Ability to manage multiple simultaneous tasks in a high pressure, deadline-driven environment.
- Strong abilities in analytical thinking, problem solving, research, time management, and verbal and written communication.
- Qualified to collaborate with individuals across business lines.
- Ability to take ownership, initiative to negotiate, influence, build consensus and successfully navigate within a demanding and international environment of a leading global financial institution.
Responsibilities
- Develop, implement, and maintain the firm’s HR compliance framework, ensuring its alignment with the interpretations of applicable law, regulations, regulatory guidance, and industry standards through creating traceability and mapping documents.
- Evaluate, enhance, and execute a firm wide HR compliance program as well as the execution and or oversight of monitoring and testing activities while providing insights on proportionate risk mitigation approaches in the implementation of HR requirements.
- Execute an effective global HR regulatory change management program that includes monitoring for new and amended regulations, standards, and guidance from primary regulatory authorities globally as well as working closely with our HR business partners to update relevant controls and drive regulatory readiness.
- Conduct compliance risk assessments and review and assess regulatory and compliance breaches and remediation.
- Ensure that all material residual HR regulatory risks and issues together with remedial/mitigation actions are documented and reported appropriately to senior management in a timely manner.
- As appropriate, ensure accurate and timely reporting of risks, metrics, objectives & key results (OKRs) and other compliance requirements to governance fora to demonstrate compliance with regulatory obligations and satisfy internal reporting requirements on the effectiveness of the HR compliance program.
- Assist in the management of HR specific regulatory examinations, inquiries and prepare business leaders for supervisory activities conducted by regulatory authorities.
- Educate compliance and business personnel on applicable HR related regulatory obligations and firm policies.
- Prepare and present annual and periodic HR Compliance program reports/reviews to satisfy client, regulator, and internal management requirements, including Compliance Program Evaluations to support the State of Compliance Report.
- Participate in activities to enable successful HR compliance risk framework implementation including identifying data requirements, key risk indicators, key performance indicators, OKRs, tools, and technology to support risk management and governance activities.
- Provide guidance to internal stakeholders on HR compliance business practices.
- Serve as a point of contact for internal and external stakeholders on HR compliance matters.
- Develop HR compliance risk related training curriculums for HR business partners and employees.
- Be a role model of risk management excellence.
Preferred Qualifications
- Demonstrated global experience with compliance risk management skills in financial services related to HR and Corporate Citizenship.
- Ability to evaluate and interpret the law, regulations, and regulatory guidance.
- Experience in HR data analysis, relevant platforms and reporting software.
- Strong understanding of HR regulations and corporate governance standards.
- Strong written and verbal communication skills.
- Ability to work collaboratively globally with cross functional teams.
- Bachelor’s degree. A Master’s, Law, or Ph.D., degree is a plus.
- 8+ years of experience in HR compliance risk management.