- 80,000 - 132,500
- Boston, Massachusetts
80,000 - 132,500
Boston, Massachusetts
$80,000 - $132,500 Annual
Who we are looking for
We are looking for a Business/Operational Auditor, Assistant Vice President, who will be an independent advisor, advising management on risks related to strategic initiatives, organization, process and systemic changes. You will be a problem-solving partner, looking ahead to help management envision future risks and opportunities. In this role you will be based out of Boston in US, or Bangalore/Mumbai in India and be part of the team that oversees State Street Investment Services.
As a member of State Street Corporation's Audit Division, you will be part of a team where collaboration is encouraged, excellence is rewarded, and diversity is valued. We offer flexible schedules, continuous training, global exposure and multiple opportunities for personal and professional growth. State Street Corporation's Audit is responsible for providing independent, objective assurance and advisory services designed to add value, minimize risk and improve the overall control environment of State Street Corporation and its subsidiaries. Our auditors interact and communicate regularly with executive management and have tremendous insight into all parts of the company's daily operations.
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.
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. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. 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 Business/Operational Auditor, Assistant Vice President you will
- Plan and/ or execute audits according to a risk-based methodology in line with Division and Industry Standards.
- Supervise and direct the execution of risk and control assessments, along with effective and efficient testing of key controls.
- Review documentation of audit work and conclusion of audit tests results and overall effectiveness of controls.
- Draft audit reports in accordance with Division standards to clearly communicate key risks and core audit issues.
- Work in partnership with business area management to communicate expectations and manage any project issues that may arise throughout the audit.
- Escalate audit issues to senior management and interact with business line and senior managers to develop and negotiate solutions.
- Develop and maintain a thorough understanding of audits and assigned functions within Investment Services (Alternatives, Middle Office, Accounting, Custody, Transfer Agency, etc.).
- Establish and maintain strong and effective client relationships within the business and supporting IT organizations and assist management in the understanding and adaptation of internal control principles.
- Contribute to change initiatives by participation in system and business process change initiatives with strategic corporate significance by providing input on operational and technological risk issues.
- Invest in your development by expanding, maintaining and applying current knowledge of audit industry best practices, regulatory expectations, and subject matter.
What we value
These skills will help you succeed in this role
- Strong team leadership skills which include creating an environment of trust, soliciting diverse views from team members and supervising, coaching and developing staff.
- High degree of professionalism.
- Able to manage complexity, multi-task and work independently in non-routine situations.
- Effective communication skills (both written and verbal) and interpersonal skills.
- Proven ability to research, interpret and apply regulatory requirements.
- Interest in developing as a leader within Corporate Audit.
Education & Preferred Qualifications
- Bachelor's degree required.
- Professional audit certifications preferred a CPA, CA, CIA or CISA is a plus.
- 5+ years of experience with assessment and testing of operational and/or technology-related controls, including 2+ years leading and supervising audit engagements.
- Experience in either public accounting or financial services internal audit preferred.
- Working knowledge of the investment servicing.
Additional requirements
Travel up to 15% may be required.
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.
What we do.
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.
Work, Live and Grow.
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.
Inclusion, Diversity and Social Responsibility.
State Street is an equal opportunity and affirmative action employer.
Discover more at
StateStreet.com/careers
Salary Range
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.