Auditor / Officer

State Street•Boston, MA

17d•Hybrid

About The Position

We are looking for a Business/Operational Auditor, Officer (Auditor) to join our Investment Services (IS) Audit Team, providing audit coverage across various parts of the IS organization, including Global Delivery and the Chief Commercial Office. In this role, you will operate as part of dynamic and cross functional teams responsible for the execution of individual audit engagements. Working under the direction of audit project lead, you will carry out a variety of responsibilities, which include: interfacing with business partners, executing control design assessments and operational effectiveness testing, developing audit test conclusions and drafting summary observations. You will also play a role in the onboarding and coaching of junior staff and support various departmental initiatives. Due to the 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. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability; regulators rely upon us to provide assurance that the bank operates in a manner that is compliant with key banking regulations to properly manage risks to the company and the global financial systems. 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. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

Requirements

The ability to operate in a complex, non-routine and fast-paced environment that requires working independently and as part of a team.
Experience or familiarity with custody banking and/or fund accounting
Ability to clearly demonstrate proficiency in evaluating business processes, identifying inherent risk and testing associated internal controls.
A high degree of professionalism and proficient organizational, analytical, problem solving and project management skills.
Excellent communication (written and verbal), interpersonal and presentation skills
Proven ability to research, interpret and apply regulatory requirements.
5-7 years of experience in Public Accounting, Internal Auditing, or State Street Investment Services.
Bachelor’s degree, preferable in finance, accounting or related field.

Nice To Haves

Advanced degree or certification (CFA, FRM, CPA, CIA) preferred.
Experience executing or custody banking or fund accounting.
Experience in auditing information technology general controls.

Responsibilities

Perform audit work in line with the Division’s risk-based methodology and the Institute of Internal Auditor’s standards to identify and understand risk; determine control objectives; and evaluate whether controls sufficiently address identified risks through various testing techniques.
Obtain and analyze evidentiary data as a basis for drafting informed and objective opinions on the adequacy and effectives of controls under review.
Review corrective actions taken by management to improve deficient conditions.
Escalate potential issues / obstacles to audit management along with proposed solutions.
Develop and maintain understanding of internal State Street products and processes as well as relevant industry and regulatory topics.
Develop relationships with audit clients and business partners across the lines of defense; serve as the primary audit contact for assigned area in individual audit engagements.
Contribute to change initiatives through active participation in working groups and adoption of practices in day-to-day responsibilities.
Assist in the onboarding of audit staff.