Enterprise Risk Audit Lead, Vice President

State Street•Boston, MA

22d

About The Position

State Street is seeking a Vice President to provide independent assurance across enterprise risk activities, with particular focus on Trading/Market Risk, Credit Risk, and Data Risk, while supporting broader audit coverage across the risk organization. The role strengthens the firm’s risk and control environment, supports regulatory expectations, and provides senior leaders with insight into significant and emerging risks. The position leads complex, risk-based audits and reviews across financial and non-financial risk domains. It assesses risk frameworks, governance, measurement and reporting, data and technology dependencies, and controls. The role also evaluates how data quality, governance, reporting, systems, and technology affect risk management, and monitors regulatory and industry developments for audit planning and execution. The Vice President partners with senior leaders across Risk, Business, Data, Technology, and the lines of defense; offers constructive independent challenge; participates as a non-voting member of relevant business and risk committees; and escalates significant issues. The role manages, coaches, and develops audit professionals and contributes to talent management, hiring, audit methodology, risk assessment, reporting, analytics, and operational effectiveness.

Requirements

At least 10 years of experience in Internal Audit, Enterprise Risk, Financial Risk, Data Risk, Risk Management, or related risk and control functions within financial services.
Demonstrated expertise in one or more key risk disciplines, particularly Trading/Market Risk, Credit Risk, or Data Risk/Data Governance.
Broad understanding of enterprise risk management and the interconnected nature of financial and non-financial risks.
Strong understanding of risk governance, controls, risk measurement and reporting, data management, and regulatory expectations.
Understanding of how data and technology enable and influence broader risk-management processes and controls.
Experience assessing or operating within risk and control environments across the first, second, and/or third lines of defense.
Ability to lead complex, global audits or risk reviews and provide effective challenge to senior stakeholders.
Strong analytical, quantitative, and conceptual thinking skills, including the ability to connect issues across risk domains.
Proven leadership and team-development capabilities.
Excellent communication skills and ability to translate complex risk, data, and control concepts into clear executive-level insights.
Bachelor’s degree in finance, accounting, economics, risk management, data, technology, or a related discipline.

Nice To Haves

Professional certifications such as CFA, FRM, CPA, CIA, CISA, or relevant risk/data certifications.

Responsibilities

Lead complex, risk-based reviews across financial and non-financial risk domains, including Trading/Market Risk, Credit Risk, Data Risk, and other areas based on audit priorities.
Assess risk frameworks, governance, measurement and reporting, data and technology dependencies, and control environments.
Lead all phases of complex audits and risk reviews, including planning, scoping, testing, issue evaluation, and reporting.
Review and approve audit workpapers and deliverables, ensuring conclusions are supported and aligned with internal standards and regulatory expectations.
Translate complex risk and control issues into clear, actionable insights for senior and executive leadership.
Conduct enterprise risk assessments incorporating emerging risks, regulatory developments, strategic initiatives, and changes in the firm’s risk and control environment.
Evaluate how data quality, governance, reporting, systems, and technology dependencies affect management of financial and non-financial risks.
Assess risk governance, risk appetite, reporting, controls, escalation, and related oversight processes.
Monitor evolving regulatory and industry expectations and incorporate relevant developments into audit planning and execution.
Build partnerships with senior leaders across Risk, Business, Data, Technology, and the lines of defense.
Provide credible, constructive challenge and identify significant, emerging, and interconnected risks.
Participate in relevant business and risk committees as a non-voting member, providing an independent risk and control perspective.
Escalate significant issues appropriately and collaborate with stakeholders to support sustainable remediation.
Manage, coach, and develop audit professionals across complex and evolving risk areas.
Contribute to talent management, performance evaluation, and hiring.
Support initiatives that enhance audit methodology, risk assessment, reporting, analytics, and operational effectiveness.