IT Audit - Global Markets, Assistant Vice President
State Street
IT Audit - Global Markets, Assistant Vice President
Job Description
Who we are looking forThe 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. Team members work to understand business risks and related IT general controls, including interface controls, logical access controls, change management, backup and recovery, and application controls (e.g systematic validations, interfaces). The main objective of an audit is to provide management with independent, objective assurance regarding the design and operating effectiveness of the system of internal controls to mitigate both business and IT-related risks. The audit follows a collaborative approach, with business and IT audit team members jointly conducting the majority of internal and client-facing planning, control assessment, testing, and reporting activities. Why this role is important to usThe team you will be joining plays an important role in the overall success of the organization. Across the globe, stakeholders 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 forAs an Integrated Auditor, Assistant Vice President you willServe as the lead for technology focused audit areas, but also work on operational auditsPlan 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.Invest in your development by expanding, maintaining and applying current knowledge of audit industry best practices, regulatory expectations, and subject matter.Support the development and training of more junior staff assigned to projects, including reviewing their workpapersWhat we value These skills will help you succeed in this roleStrong 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.Ability to comprehend both technology and operational risks.Education & Preferred QualificationsA 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 preferredAdditional requirementsTravel up to 15% may be required.About State StreetAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.Discover more information on jobs at StateStreet.com/careersRead our CEO Statement
Locations
- India, Bangalore
Skills Required
- assessmentintermediate
- either public accountingintermediate
- global marketsintermediate
Required Qualifications
- Travel up to 15% may be required. (experience)
Preferred Qualifications
- A bachelor’s degree in a relevant field such as Accounting, Finance, Information Systems, Computer Science and/or Business Administration. (degree in a relevant field such as accounting)
- CISA, CPA, CIA or other applicable certification preferred. (certification)
- 5+ years of experience with assessment and testing of technology and operational controls, including 2+ years leading and supervising audit engagements. (experience, 5 years)
- Experience in either public accounting or financial services internal audit preferred. (experience)
- Working knowledge of global markets or banking regulatory frameworks preferred (experience)
- A bachelor’s degree in a relevant field such as Accounting, Finance, Information Systems, Computer Science and/or Business Administration. (degree in a relevant field such as accounting)
- 5+ years of experience with assessment and testing of technology and operational controls, including 2+ years leading and supervising audit engagements. (experience, 5 years)
- Experience in either public accounting or financial services internal audit preferred. (experience)
- Working knowledge of global markets or banking regulatory frameworks preferred (experience)
Responsibilities
- 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.
- Invest in your development by expanding, maintaining and applying current knowledge of audit industry best practices, regulatory expectations, and subject matter.
- Support the development and training of more junior staff assigned to projects, including reviewing their workpapers
- 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.
- Invest in your development by expanding, maintaining and applying current knowledge of audit industry best practices, regulatory expectations, and subject matter.
- Support the development and training of more junior staff assigned to projects, including reviewing their workpapers
- 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.
- Ability to comprehend both technology and operational risks.
- 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.
- Ability to comprehend both technology and operational risks.
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