State Street Audit Team - Business/Operational Auditor - Summer Internship 2026

State Street • Boston, MA

10d

About The Position

We are looking for a Business / Operational Auditor, Intern to join the Enterprise Risk Management (ERM) Audit Team. Within Corporate Audit, the ERM audit team focuses on evaluating the design and operating effectiveness of the firm’s risk governance framework, risk identification and assessment processes, and alignment with regulatory and supervisory expectations. In this role, you will participate as a member of dedicated audit project teams and be directly responsible for carrying out various audit execution tasks that include process and control walkthroughs, operational design assessment and operational execution testing. You will work closely with the audit project lead, fellow audit team members and with business stakeholders across the first and second lines of defense. This role is based out of Boston, Massachusetts. Why this role is important to us 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 strive for cutting-edge solutions that are straightforward and scalable. Additionally, you will help us build resilience and execute day-to-day deliverables at our best. Join us if you are up for the challenge of making your mark in the financial services industry from day one.

Requirements

• A strong work ethic with the ability succeed working independently and as part of a team.
• 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.

Nice To Haves

• Audit experience or experience working in complex financial institutions is a plus.

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.
• Identify and escalate exceptions / issues to key stakeholders within Corporate Audit and in business areas under review.
• Review corrective actions taken by management to improve deficient conditions.
• Develop and maintain current knowledge of audit industry practices, regulatory environment and industry developments.

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
• For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
• 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.

What This Job Offers

• Career Level: Intern