Business/Operational Auditor, Assistant Vice President, Hybrid

State Street Corporation
London, United Kingdom
15 Jun 2022
01 Jul 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Who we are looking for

We are looking for a Business/Operational Auditor, Assistant Vice President, dedicated in the Institutional Services and Global Delivery area. You will be responsible for successfully planning, executing and completing audits according to a risk-based approach, recommending internal control improvements that may include operational enhancements or efficiencies, and preparing audit reports. In this role you will facilitate effective communication and coordination with business management at all levels. You will develop a thorough understanding and knowledge base of the company's operations, establish effective business relationships within the company and assist management in the understanding and adaptation of internal control principles. In this role you will be based in London, United Kingdom.

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.

What you will be responsible for

As an Audit Manager in the Institutional Services and Global Delivery area, you will:
  • Plan and manage teams of audit professionals and contracted resources in executing all phases and key milestones of an assigned audit/review
  • Manage on-site project teams in documenting audit activities in accordance with professional standards and ensuring documentation meets high quality standards
  • Supervise and direct the execution of risk and control assessments
  • Supervise 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
  • Provide ongoing counsel, training, development and motivation to staff
  • Prepare and deliver assignment and periodic constructive feedback to assigned team members through performance evaluations in-line with Division standards
  • Assist with audit planning and risk assessments
  • Make effective recommendations to hire, discipline, control work, determine promotions, salary increases, bonuses and terminate employment
  • Ensure self and team anticipates, monitors, actively manages and reports all risk and compliance issues, breaches and suspicious activities
  • Act in accordance with Risk Excellence and role model Ethical behaviour and decision making as part of our Way Ahead foundation.

What we value

These skills will help you succeed in this role
  • Experience of auditing areas including Fund Accounting, Fund Administration and/or Depository functions.
  • Strong auditing skills, and a good knowledge of the key regulations and current regulatory developments relevant to State Street's businesses
  • Ability to manage complexity, to effectively prioritize multiple tasks and work independently in an international team across multiple locations with global stakeholders in new and changing situations as well as being able support the overall team
  • A range of personal attributes, including being collaborative, determined, energetic, inquisitive, intelligent and articulate;
  • Strong communication skills, both verbal and written in order to effectively communicate with senior leaders within business divisions
  • Fluency in English - written and spoken

Education & Preferred Qualifications
  • Internal Audit and relevant experience in financial services industry (5+ years) as a minimum
  • Degree-level education and a relevant professional qualification with post-qualified experience.
  • An understanding of key regulations impacting such company as State Street

What We Offer
  • Employee savings plan
  • Premium life insurance package
  • VIP medical package
  • Multisport card
  • Additional holiday days
  • Language classes
  • Soft skills trainings
  • Technical workshops
  • Development sessions with a mentor
  • Diversity of opportunities across a range of challenging and highly complex activities
  • Technical or leadership career pathway

About State Street

What we do. 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.

Work, Live and Grow. 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.

Inclusion, Diversity and Social Responsibility. 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.

State Street is an equal opportunity and affirmative action employer.


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