Who we are looking for We are looking for a Compliance Officer (AVP) who will primarily focus on the oversight of and provide advice and guidance related to the suite of products & services provided by Investment Servicing, Custody, Fund administration and Global Delivery functions of State Street Bank International GmbH. The successful candidate has expertise in compliance, legal or audit functions within the Financial Services sector, possesses strong attention to detail, is able to work independently but in collaboration with the broader team and thrives in a fast-paced environment. The role is based in Munich, with hybrid work model. Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need reliable and proactive individuals to help navigate products and the organization as a whole and ensure compliance with applicable regulations. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. 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 Compliance Officer, AVP, you will: Be a primary provider of compliance advisory to all business units with a focus on Investment Servicing, Custody, Fund administration and Global Delivery. Support the successful and timely completion of the compliance oversight programs, including the identification and resolution of risks and issues which impact the compliance program delivery, while building strong relationships with compliance and business colleagues. Independently conduct assigned responsibilities within their section of the overall Compliance function and execute a range of complex tasks and analyses to support the business unit and department goals. Lead the discussion regarding on-going adjustments to scores of inherent and control risk factors based on micro and macro changes to the business and regulatory environment, including but not limited to regulatory changes, strategic business initiatives and the output of risk mitigation activities. Participate in the development, implementation, review and revisions of policies and procedures. Actively participate in the review of new business initiatives, products and services, including Requests for Proposal, new product assessment and marketing materials to ensure regulatory requirements are addressed, as applicable. Prepare business for and assist with regulatory and third party examinations as well as support interactions with regulators. Act as SME for the provision of regulatory advice for the product suite of Investment Servicing, Custody and Fund Administration and the marketing thereof across the EU and into overseas jurisdictions. Provide regulatory support to Compliance network overseas with regard to the impact of EU legislation. Review and assess the impact of new regulations and work collaboratively with the impacted business to implement necessary changes to comply with them. Design and deliver compliance training when required. Design and execute compliance testing reviews to ensure compliance with internal policies and external applicable regulations Support the Switzerland compliance function in delivering the local compliance program. What we value These skills will help you succeed in this role Ability to make independent decisions, develop creative solutions to problems and manage implementation through to acceptance Have a strong understanding of policies, procedures and controls Excellent interpersonal, organizational, communication and team-working skills Demonstrated ability to work effectively with outside parties at all organizational levels Strong analytical skills, excellent oral and written communication skills Attention to detail, project management and organizational skills Aptitude to work both independently and collaboratively, manage multiple simultaneous tasks in a high-pressure, deadline-driven environment Previous experience in a compliance advisory function covering custody, fund administration or investment servicing businesses is considered plus. Education & Preferred Qualifications Bachelor’s degree, Masters or other advanced degree preferred 5-10 years’ experience in compliance, legal or internal audit within an international bank Fluent German and English speaker Compliance qualifications is considered a plus We offer Flexible working time Work from home days might be possible depending on the role Depending on legal entity 37,5 or 40 working hours per week Pension plan offering Wellbeing & health programs (anonymous Employee Assistance Program, PME Family Service, trainings) Group accident insurance Mentoring program Regular performance reviews and structured performance management Personal development possibilities and extensive web based training catalogue Free German and English language classes Global Inclusion, Global Outreach and Corporate Citizenship programs Dynamic, diverse, international, and multicultural working environment with English company language 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. Discover more at StateStreet.com/careers State Street's Speak Up Line