State Street India | IT Audit - Global Markets, Assistant Vice President

Responsibilities

• The Business Aligned IT Auditor, Assistant Vice President, will be responsible for working on audit engagements that focus on business risk and related application technology for specific business divisions and/or functions.
• 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 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.
• Serve as the lead for technology focused audit areas, but also work on operational audits
• 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, including utilization of technology, products, organizational activities, and systems.
• 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.
• Support the development and training of more junior staff assigned to projects, including reviewing their workpapers

Education & preferred qualifications

• A bachelor’s degree in a relevant field such as Accounting, Finance, Information Systems, Computer Science and/or Business Administration.
• CISA, CPA, CIA or other applicable certification preferred.
• 5+ years of experience with assessment and testing of technology and operational controls, including 2+ years leading and supervising audit engagements.
• Experience in either public accounting or financial services internal audit preferred.
• Working knowledge of global markets or banking regulatory frameworks preferred.
• Strong team leadership skills which include creating an environment of trust, soliciting diverse views from team members and supervising, coaching and developing staff.
• 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.
• Ability to comprehend both technology and operational risks.

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)