Risk Monitoring, Senior Associate

State Street; Toronto; On-site; CAD 51,000 - 84,000; Full time

Job summary

A leading custodian bank in Toronto seeks a detail-oriented Risk Monitoring Senior Associate to join their risk monitoring team. In this key position, you will review payment and settlement transactions, ensuring compliance with established risk policies. You will thrive in a collaborative environment, demonstrating strong communication and teamwork skills. Successful candidates will hold a bachelor's degree and have 1-2 years of experience in the financial industry, along with a proactive approach to identifying and resolving potential risks.

Benefits

Generous medical care

Insurance and savings plans

Flexible Work Programs

Educational support

Paid volunteer days

Qualifications

• 1-2 years of experience in the financial industry.
• Ability to handle confidential information with discretion.
• Flexibility to cover team responsibilities during absences.

Responsibilities

• Review and analyze payment and settlement transactions.
• Ensure transactions meet deadlines and comply with risk policies.
• Respond to inquiries and support team coverage.

Skills

Attention to detail

Strong communication

Teamwork

Proactive problem-solving

Integrity and accountability

Education

Bachelor's degree or equivalent business experience

Job description

Who we are looking for

We seek a detail-oriented, motivated professional to join our centralized risk monitoring team. The ideal candidate thrives under deadlines, communicates clearly, and works well both independently and collaboratively.

Why this role is important to us

This position is key to our first line of defense, ensuring payment and settlement transactions are reviewed, escalated, and resolved to mitigate risk and support operational integrity.

What you will be responsible for

As a Risk Monitoring Senior Associate you will

• Review and analyze payment and settlement transactions, escalating issues as needed.
• Ensure transactions meet deadlines and comply with risk policies.
• Respond to inquiries, monitor queues, and support team coverage.
• Identify and report potential risks or errors.
• Handle special projects and additional assignments as required.

What we value

These skills will help you succeed in this role

• Attention to detail and reliability.
• Strong communication and teamwork.
• Integrity, accountability, and proactive problem-solving.
• Commitment to process improvement and learning.

Education & Preferred Qualifications

• Bachelor’s degree or equivalent business experience
• 1-2 years of experience in the financial industry

Additional requirements

• Ability to handle confidential information with discretion and professionalism.
• Flexibility to cover team responsibilities during absences, including vacation, sick days, and breaks.
• Capacity to manage tight deadlines and high-volume periods efficiently.
• Willingness to take on special projects and additional assignments as needed.
• Proactive approach to identifying, escalating, and resolving potential risks or issues.
• Commitment to completing required training and staying current with policy updates.

About State Street

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.

Salary Range:

$51,000 - $84,000 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.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work‑life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

End Date: January 26, 2026

For further information, and to apply, please visit our website via the “Apply” button below.