Enterprise Risk Management Audit
1 day ago
Who we are looking for We are looking for an Enterprise Risk Management Audit Assistant Vice President to lead audit engagements focused in the Financial Risk areas Enterprise Risk Management provides independent risk oversight over State Street s business activities The Financial Risks include Market Credit including Trading Credit Interest Rate Risk and Liquidity In this role under the direction of senior audit management you will oversee individual audit engagement and lead assigned teams through all aspects of the audit i e planning assessments testing and reporting You will also play a critical role in the ongoing development of audit staff and support various departmental initiatives 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 regulators rely upon us to provide assurance that the bank operates in a manner that is compliant with key banking regulations to properly manage risks to the company and the global financial systems To make that happen we need teams like yours to help navigate employees and the organization as a whole In your role 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 an Enterprise Risk Management Audit Assistant Vice President you will Plan oversee and execute audits according to the Division s risk-based audit methodology other internal standards and industry practices Supervise and direct the execution of risk and control assessments along with the effective and efficient testing of key controls Review audit workpapers to ensure execution in line with internal standards and that conclusions are properly supported Draft audit reports that clearly communicate overall conclusion including key risks identified issues and their root cause and impact on overall business strategy Work in partnership with business area management to communicate expectations and manage any project issues that may arise during the audit engagement Escalate potential and identified issues to senior management timely and work with business management to develop and negotiate solutions Develop and maintain a thorough understanding of assigned areas of responsibility including key technology products organizational activities regulatory environment and global footprint Establish and maintain strong and effective client relationships with business management across the lines of defense and assist management in understanding and implementing maintaining internal control principles Contribute to change initiatives through active participation in working groups and adoption of practices in day-to-day responsibilities Coach and mentor audit staff as part of their ongoing development What we value These skills will help you succeeding this role A high degree of professionalism with proven history of providing effective leadership to diverse teams The ability to manage complexity effectively prioritize multiple tasks and work independently in non-routine situations and in a fast-paced environment Knowledge and understanding of financial risks particularly Liquidity Interest Rate Market Trading and Credit risk Excellent analytical problem resolving communication written and verbal interpersonal organizational and presentation skills Demonstrated ability to synthesize understanding of business processes into value added feedback on risk and control environment Proven ability to research interpret and apply regulatory requirements Fluency in English - Written and spoken Education Preferred Qualifications 5 years of experience in Market Credit Interest Rate Liquidity risks in the first or second line Public Accounting Internal Auditing Bachelor s degree preferable in finance accounting or related field Advanced degree or certification CFA FRM CPA preferred Experience executing or auditing Financial Risk Experience in auditing information technology general controls Additional requirements While majority of the time you will work from your primary location some domestic and international travel may be required to a variety of locations where State Street operates Are you the right candidate Yes We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them Although each vacancy details what we are looking for we don t necessarily need you to fulfil all of them when applying If you like change and innovation seek to see the bigger picture make data driven decisions and are a good team player you could be a great fit 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
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