Posted in Police/Fire/Emergency 30+ days ago.
This job brought to you by eQuest
Location: Boston, Massachusetts
In early 2017, State Street announced a settlement agreement with the US Department of Justice concerning overcharging of six EMEA-based clients for transition management services in 2010 and 2011. The Monitor’s primary responsibility is to assess, oversee, and monitor our compliance with our obligations under the terms of the Deferred Prosecution Agreement (DPA), so as to specifically address and reduce the risk of any recurrence of the misconduct. The Monitor’s oversight program has been designed around four work streams: historical/remediation of prior conduct, review and testing of business units/processes for similar vulnerabilities, assessment of the firm’s Compliance Framework and the Corporate Functions’ effectiveness in said framework and review and analysis of compliance-related initiatives.
The Monitor Liaison is the primary point of contact for the Monitor and his team, and for all State Street employees and entities interacting with the Monitor. This position will report directly to the Monitor Liaison and manage one of the four workstreams identified above. The term of the role is expected to be 3 years. The responsibilities include:
Supports the Monitor Liaison to oversees the implementation plans with regard to the Monitor’s recommendations Provides Business and Functional Units with status updates and advice regarding issues and concerns arising in connection with the Monitor review and process