📋 Job Details at a Glance 📍 Location Bangalore, India 🏢 Company State Street 👥 Experience 1-2 years 🎓 Qualification 1–2 years. Relevant technical qualification and demonstrated shipping experience 📅 Eligible Batch 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary Not Disclosed 🏢 Industry Fintech 🛠 Key Skills walkthroughs control testing sampling population identification exception identification root cause analysis risk-based assurance Business Risk Management - Central Testing at State Street — Full Details & How to Apply State Street is hiring for a Business Risk Management - Central Testing role in Bangalore, India , offering hands-on experience in control testing for global business units. This position provides direct access to real-world internal control evaluation processes, including population identification and root cause analysis . This Business Risk Management - Central Testing role is essential for assessing the operational effectiveness of internal controls across business lines. Candidates will perform walkthroughs , control testing , and sampling to validate control design and execution. The role applies risk-based assurance principles to ensure business processes meet compliance and operational standards, supporting the integrity of financial operations. State Street recruitment for this position emphasizes technical rigor in business risk management. The job is based in Bangalore, India and requires onsite attendance. The role is part of State Street ’s fintech operations, where business risk management and control assessment are core to daily operations. The position focuses on practical application of control testing techniques within a global financial environment. 2024, 2025, 2026 graduates are eligible to apply. Candidates must have 1–2 years. Relevant technical qualification and demonstrated shipping experience . The role requires 1-2 years experience in control testing or related domains. Salary is not disclosed. Candidates will gain practical experience in walkthroughs , control testing , sampling , population identification , exception identification , and root cause analysis . This role builds foundational skills in risk-based assurance , which can lead to progression into broader risk or compliance roles within financial services. It offers a clear entry point into structured control evaluation processes in fintech environments. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Partially NexisGrow.com features this opportunity as part of its curated tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Search for Business Risk Management - Central Testing jobs , explore State Street recruitment in Bangalore, India jobs , and find updated openings through apply online portals. Job Role & Responsibilities The Business Risk Management - Central Testing role at State Street ensures compliance with SOX and SOC frameworks by evaluating internal controls through risk-based assurance methods. This role directly supports global business units by validating control effectiveness using structured testing techniques. Conduct control testing using sampling to evaluate a representative subset of controls across financial systems, ensuring adherence to SOX and SOC compliance standards. Perform detailed walkthroughs of internal control processes to validate flow, documentation, and operational logic in financial transaction systems . Identify exceptions during control testing by analyzing transaction logs and system outputs to detect deviations from defined control thresholds. Execute root cause analysis on control failures using structured methodologies to determine underlying system or process flaws in risk management workflows . Collaborate with business unit teams to present identified exceptions and root causes during scheduled control review meetings using control testing reports and exception logs . Document testing procedures, sample selection logic, and results in a centralized control testing repository to maintain audit trail integrity for SOX compliance. Support continuous improvement of internal control documentation by updating process maps and control flow diagrams based on real-world testing outcomes. Report control exceptions to stakeholders with clear root cause analysis , ensuring timely resolution and alignment with risk-based assurance objectives. This role demands direct ownership of control testing outcomes, where every exception identification and root cause analysis decision impacts the accuracy of SOX compliance and operational risk exposure. Required Skills & Technical Competencies The role requires a strong technical foundation in control testing and risk-based assurance , with proficiency in walkthroughs , sampling , and exception identification applied to real financial systems. Candidates must demonstrate hands-on experience with control testing tools and frameworks. Technical Skills Walkthroughs — entry — used to validate control design and operational flow in financial transaction systems during initial process evaluation. Control testing — intermediate — applied to assess compliance with SOX and SOC frameworks using predefined test scripts and control checklists. Sampling — intermediate — used to select representative control samples from large populations of transactions in core banking systems and payment processing platforms . Risk-based assurance — entry — applied to prioritize testing efforts based on risk exposure, focusing on high-impact control areas in financial reporting and transaction processing . Exception identification — entry — used to detect anomalies in transaction data, such as negative balances or duplicate entries, in ERP systems and ledger databases . Root cause analysis — entry — conducted to troubleshoot control failures in risk management workflows and identify systemic process gaps. When preparing your resume, emphasize specific instances where you applied walkthroughs , sampling , or exception identification in real financial systems or control testing projects. Eligibility Criteria This role is designed for candidates with a technical qualification in finance, risk management, or information systems and 1–2 years of corporate experience in control testing or compliance. Experience must be directly related to internal control evaluation. Must hold a relevant technical qualification such as a B.Com, B.Sc. in Finance, or a certification in SOX or internal controls . Must have 1–2 years of corporate experience in risk management or control testing , including hands-on work with financial systems. Eligible batches are 2024 , 2025 , and 2026 only. Experience must be demonstrable through project reports, internships, or documented work in financial control environments. No minimum CGPA is specified in the job posting. Portfolio must include a documented control testing project with clear sample selection , exception logs , and root cause analysis outputs. Documentation & Portfolio Requirements Your resume must include a dedicated section on control testing experience, listing specific tools used (e.g., Excel , SQL , control testing templates ), sample size, and outcomes of exception identification and root cause analysis . Focus on including a project where you conducted sampling in a financial system, identified exceptions using transaction logs, and performed a root cause analysis — this directly mirrors the core responsibilities of the Business Risk Management - Central Testing role at State Street . Salary for Business Risk Management - Central Testing at State Street 💰 Compensation Not Disclosed The advertised compensation for the Business Risk Management - Central Testing role at State Street is Not Disclosed . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Business Risk Management - Central Testing Upskilling with the right resources significantly enhances your chances of selection for this specific role by equipping you with necessary skills and knowledge. Recommended Courses & Resources control testing — This course provides essential skills in control testing , a key requirement for the role. KodNest — Offers insights into risk management frameworks and tools relevant to the position. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Applying without demonstrating experience in control testing — Highlight your relevant experience clearly. ❌ Using a generic resume instead of tailoring it — Customize your resume to align with the job description. ❌ Listing technologies without context — Provide examples of where you applied these technologies. ❌ Ignoring the qualification and experience requirements — Ensure you meet all specified criteria. ❌ Adding unrelated technologies or unsupported claims — Stick to relevant skills and experiences. ❌ Failing to verify the official Apply URL — Always check the application link before submission. Before You Apply — Checklist ✅ Confirm the job title, company, location, work mode, and experience requirement. ✅ Check that the candidate meets the supplied qualification criteria. ✅ Verify eligibility against the supplied eligible batches and experience requirement. ✅ Add relevant supplied JD keywords naturally to the resume. ✅ Highlight projects or experience related to the supplied technologies and responsibilities. ✅ Remove unsupported technologies, achievements, or experience claims. ✅ Open and verify the supplied Apply URL before submitting the application. ✅ Save the job details, application date, and role-specific resume version for tracking. Resume Tailoring & ATS Keywords for Business Risk Management - Central Testing Optimizing your resume for ATS is crucial for standing out in the application process for this role. ATS Keywords to Include Business Risk Management Control Testing Risk-Based Assurance Walkthroughs Sampling Population Identification Root Cause Analysis Exception Identification Internal Controls SOX SOC Internal Audit Resume Tips for This Role Highlight your experience with control testing as it is a key requirement for the role. Emphasize familiarity with risk management frameworks and tools mentioned in the job description. Consider including projects that demonstrate your skills in risk assessment or control evaluation. Use exact keywords from the job description to enhance ATS alignment without keyword stuffing. Avoid adding unsupported claims or technologies that you cannot substantiate with experience. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro Tip: Avoid including unrelated experiences or unsupported claims in your resume for this role. How to Apply for Business Risk Management - Central Testing at State Street Apply Now — State Street Open the supplied official Apply URL and confirm the job title and company. Prepare a resume aligned with the supplied skills, responsibilities, qualification, and experience requirements. Complete the official application form accurately and avoid unsupported claims. Submit the application and save the confirmation or application reference if the portal provides one. Record the application date and monitor the official company portal or registered email for updates. Applications reviewed on rolling basis — early submission recommended. Apply Now — State Street NexisGrow.com does not charge any fees for job applications. State Street State Street is a fintech company based in Bangalore, India. This role is onsite and part of the Business Risk Management team, focusing on internal control evaluation across business units. The role supports risk-based assurance in a global fintech environment. The Central Testing team evaluates internal controls for business lines globally. They perform walkthroughs , control testing , sampling , population identification , exception identification , root cause analysis , and risk-based assurance to assess control effectiveness and support continuous improvement. This role contributes directly to the company’s business risk management efforts by testing controls and identifying risks across operations. It strengthens the control environment through systematic, evidence-based testing. Early-career professionals gain hands-on experience with core risk management tools like sampling , exception identification , and root cause analysis . These skills provide foundational exposure to control testing and assurance in financial services. Company Details Industry Fintech Location Bangalore, India Connect With Us Careers Apply Now Website 🔗 statestreet.wd1.myworkdayjobs.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for this role? Eligibility Tap to expand + Answer Candidates with a relevant technical qualification and 1-2 years of corporate experience, from the 2024, 2025, and 2026 batches. ? What technical skills are most important for this role? Skills Tap to expand + Answer Key skills include control testing, risk-based assurance, walkthroughs, sampling, and root cause analysis. ? What is the expected salary for this position? Salary Tap to expand + Answer Salary Display is Not Disclosed. ? What should I expect after applying? Hiring Process Tap to expand + Answer The exact hiring stages are not specified in the job posting. ? How should I prepare for the interview? Preparation Tap to expand + Answer 1. Review risk management frameworks. 2. Understand control testing concepts. 3. Prepare examples of past experiences. 4. Familiarize yourself with SOX and SOC. 5. Be ready to discuss root cause analysis. ? Is this role remote, hybrid, or onsite? Work Mode Tap to expand + Answer This role is onsite in Bangalore, India. ? What career exposure can this role provide? Growth Tap to expand + Answer Exposure to risk management frameworks and control testing methodologies, enhancing skills in internal control evaluation. ? What should I highlight in my resume for this role? Resume Tap to expand + Answer Highlight control testing experience, familiarity with risk management frameworks, and relevant technical qualifications. ? Is there a last date to apply? Application Tap to expand + Answer Not specified in the job posting. ? Is there a probation period? Probation Tap to expand + Answer Not specified in the job posting. ? What is the work environment like for this role? Culture Tap to expand + Answer The role involves collaboration with the Central Testing team and various business units. ? Can freshers apply for this role? Fresher Tap to expand + Answer The posting does not explicitly accept freshers; experience of 1-2 years is required. 🔗 Explore More on NexisGrow More jobs in Bangalore Browse all Tech jobs Latest Fresher jobs More jobs at State Street Work From Home jobs Ready to Apply? Don't Miss This Opportunity! Apply only via the official link. NexisGrow.com charges zero application fees. 👉 Apply Now — Official Link NexisGrow.com does not charge any application or registration fees. Beware of fraudulent offers. Naukri ki baat, NexisGrow ke saath • NexisGrow.com