State Street India | Enterprise Risk Management (Financial Risk) Audit, Officer

Responsibilities

• We are looking for an audit professional, who understands risk and control and can execute the entire audit execution life cycle.
• The ideal candidate should possess experience in risk management and/or audit of the Banking / Financial Services Industry.
• In this role you will be based in Bangalore, India.
• This role is in the Enterprise Risk Management Audit Team, which provides assurance coverage over Financial risks.
• The team you will be joining plays an important role in the overall success of the organization.
• To make that happen, we need high performing teams, 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.
• Execute audits and control consulting engagements using a risk-based audit methodology of State Street Corporate Audit that evaluates management and operating practices.
• Execute audit planning, field work and reporting phases of the audit along with the Audit Team.
• Ensure that assigned work is completed in compliance with the State Street Corporate Audit Methodology and Institute of Internal Auditor standards.
• Present audit execution and testing results to line manager and senior management.
• Facilitate effective communication and coordination with key stakeholders at all levels.
• Develop a thorough understanding and knowledge base of the Company’s operations, establish effective business relationships within the Company and assist in the understanding and adaptation of internal control principles.
• Maintain a current knowledge of audit industry practices and ensure best practices are always considered.
• Participate in various special projects.
• Work independently and as part of a team.

Requirements

• 5+ years of experience in Internal Audit, Risk Management, or related functions within financial services, including custody bank.
• Advanced degree (CFA, FRM, CPA) preferred.
• Strong understanding of global regulatory expectations and industry standards impacting financial risks.
• Strong knowledge and understanding of Financial Risks, including Market, Credit (including Trading Credit), Interest Rate Risk or Liquidity.
• Strong critical thinking, problem solving, and decision-making skills
• Experience executing or auditing Financial Risk.

State Street

State Street Corporation is a US financial services company headquartered in Boston, Massachusetts, with roots that go back to 1792. It is one of the world's largest custody banks and asset servicers: pension funds, mutual funds, insurers and other institutional investors rely on it for custody, fund accounting and fund administration, middle-office and data services, while its investment management arm, known for the SPDR exchange-traded funds, manages money for institutions and individuals.

In India, State Street works mainly through State Street Corporate Services Mumbai Private Limited, with offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City. These teams serve State Street's global clients in fund accounting, NAV calculation, fund administration and financial reporting, reconciliations, transfer agency, regulatory reporting, risk and technology — work that suits B.Com, M.Com, CA, CMA, CFA and MBA (Finance) profiles.

• Industry: Financial services — custody, fund services and investment management
• Headquarters: Boston, Massachusetts, USA
• In India: Offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City (Gandhinagar)