Background Verification Specialist - Associate 2

State Street; Bengaluru; On-site; INR 600,000 - 800,000; Full time

Job summary

State Street in Bengaluru is seeking a candidate to manage day-to-day Background Verification (BGV) tasks, coordinating with Talent Acquisition, Operations and Global Security to ensure timely completion within SLA.

You will validate documents, consolidate daily/weekly BGV reports, and upload clear employee documents into State Street tools, while escalating unusual activity and suggesting improvements for efficiency.

Qualifications

• Proficient in handling Background Verification (BGV) processes as per SLA.
• Coordinate with Talent Acquisition, Operations and Global Security teams.
• Validate documents from Employee/Talent Acquisition/Operations and upload in State Street tools.

Responsibilities

• Develop a strong understanding of State Street’s BGV process, policies and procedures, and requirements.
• Execute the accurate processing of different types of alerts in accordance with SOPs.
• Proactively interact with and coordinate with stakeholders.
• Suggest process improvements to achieve improved efficiency and accuracy.

Skills

Interpersonal skills

Numerical ability

Problem-solving

Analytical thinking

Effective communication

Job description

Business Line Information

Global Employee Onboarding Team works closely with our Vendor Partner who conducts Background Checks for State Street globally and help us to ensure that we retain and hire qualified people quickly and efficiently.

Purpose Of Role

Looking for an individual who would be responsible to Handle Day to day Background Verification. Coordinating with the internal teams such as Talent Acquisition, Operations and Global Security Team. Updating the BGV status to the Reporting Manager and ensure Background Check is completed within the SLA. Priority cases from the Business is handled in Fast Track mode. Validating the documents received from Employee, Talent acquisition, and Operations team. Consolidation of Daily/ weekly BGV report and sharing daily and weekly basis report with Reporting Manager. Uploading the clear documents of respective employees in State Street tool and reviewing the alerts shared by the Vendors. Develop a strong understanding of State Street’s BGV Process, policies and procedures, and requirements. Escalating the potential unusual activity. Suggest process improvements to achieve improved efficiency and accuracy.

Major Responsibilities

• Develop a strong understanding of State Street’s BGV process, policies and procedures, and requirements.


• Execute the accurate processing of different types of alerts in accordance with standard operating procedures.


• Proactively interact with and coordinate with Stakeholders.


• Suggest process improvements to achieve improved efficiency and accuracy.

Skills and Experience

interpersonal, numerical, problem-solving, analytical, effective communication etc.

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.

• Inclusive development opportunities


• Flexible work-life support


• Paid volunteer days


• Vibrant employee networks that keep you connected to what matters most.

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.

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Job ID: R-796243