State Street US | Enterprise Risk Management Audit, Assistant Vice President

Responsibilities

• We are looking for an Enterprise Risk Management Audit, Assistant Vice President to lead audit engagements focused on Comprehensive Capital Analysis and Review (CCAR) and Financial Risk areas.
• 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.
• Due to the onsite role requirements this job needs to be performed primarily in the office with some flex work opportunities available.
• The team you will be joining plays an important role in the overall success of the organization.
• 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.
• 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.
• Work, Live and Grow.

Education & preferred qualifications

• Advanced degree or certification (CFA, FRM, CPA) preferred.
• Experience executing or auditing CCAR or Financial Risks.
• Experience in auditing information technology general controls.
• We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them.
• Knowledge and understanding of financial risks particularly Liquidity, Market and Credit risks.
• 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

State Street US

State Street US is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "For us, success comes in the mark we make as an organization– for the industry, our clients, our communities and each other."

Its finance, accounts, audit and tax openings in India are mostly in Boston, Quincy, Clifton and Kansas City.

• Industry: BFSI / Investments / Insurance