Head of State Street Markets Audit, Managing Director

State Street•Boston, MA

3d•Hybrid

About The Position

In this role, you will lead Corporate Audit’s State Street Markets Audit team, reporting directly to the Global Head of Markets, Investment Services, and Global Delivery Audit. You will oversee a team of auditors focused on understanding and assessing risks and controls related to business and technology controls that span all of the asset classes, topics and product across State Street Markets. This includes managing relationships with business stakeholders, ensuring audits are completed in compliance with Corporate Audit methodology and Institute of Internal Auditors’ standards, and developing audit team skillsets in advanced technology domains. The role will be based in Boston, MA-US. The role will be performed in hybrid model 4 days onsite 1 day remote.

Requirements

Relevant Bachelor’s or equivalent.
One industry-recognized certification (e.g., CPA, CIA,) required.
15+ years of experience with assurance, ideally in Banking and related experience in Trading, Capital Markets.
Proven ability to learn innovative products and technologies and execute related assurance.
Solid understanding of financial risk management practices and regulations trading and investment products.
Audit experience in public accounting or internal audit, focusing on regulated industries.
Demonstrated experience in leading and developing diverse teams, and overseeing multiple large-scale projects.
Excellent analytical, written communication, interpersonal, organizational, and presentation skills.
Strong client relationship and employee management skills.
Ability to think strategically and multi-task in a fast-paced environment.
Role model desired behaviors in cross-cultural awareness and establish and maintain a collaborative and inclusive work environment.
Ability to cooperate with others and foster an environment that supports effective teamwork.
Highly collaborative with strong leadership skills that gain trust and credibility with colleagues and stakeholders.
Strategic mindset and ability to clearly articulate vision; ability to drive adoption and measure success of initiatives.
Experience developing and maintaining relationships with multiple stakeholders, including executives, senior management, regulators, and audit staff.
Ability to manage complexity, effectively prioritize multiple tasks, and work independently in non-routine situations and in a changing environment.
Strong communication, interpersonal, and leadership abilities across all levels, coupled with effective problem solving, conceptual thinking, quantitative, and analytical skills.
A very high degree of professionalism, professional curiosity and skepticism, leadership, and proficient organizational, analytical, and project management skills.
Experience in planning and leading strategic initiatives, including employee engagement.
Desire and willingness to drive to the root cause of issues.

Nice To Haves

Postgraduate qualifications are desired but not mandatory.

Responsibilities

Lead and Oversee Audit Coverage: Develop, own, and execute a global assurance plan and audit methodology for State Street Markets, including continuous monitoring of regulatory developments and best practices.
Manage and Develop Teams: Build, coach, and maintain a high-performing global team; oversee talent management, staff evaluation, and hiring processes.
Engage Stakeholders and Influence Change: Proactively manage relationships with senior management, regulators, and other stakeholders; provide insights to drive sustainable improvements in processes and controls.
Deliver Audit Outcomes: Draft, review, and communicate audit findings and reports to executive management; participate in steering committees and working groups to promote balanced discussions and continuous improvement.
Create and maintain audit approaches and coverage methodology for front office, back office and risk management areas.
Define and execute a multi-year risk-based plan for coverage of in-scope areas.
Build and maintain capital markets assurance skillsets on a global team.
Proactively engage with State Street management across various departments, with responsibility for global relationships.
Demonstrate strong proficiency in evaluating and testing that span all of the asset classes, topics and products offered by State Street Markets
Influence effective and sustainable improvements to processes and controls through insights gained based on risk and control expertise.
Manage, coach, and develop staff, including participating in talent management, staff evaluation, and new hire processes.
Champion continuous improvement and process efficiency in the department, including the use of advanced data, machine learning and artificial intelligence.
Draft, review, finalize, and communicate audit deliverables, including audit findings, memos, and audit reports to senior and executive management.
Participate as a non-voting member of various steering committees and management working groups, promoting balanced discussions and encouraging challenge and debate.
Provide insight on the evolving regulatory environment and interact with global regulators.

Benefits

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)
eligibility for certain tax advantaged savings plans
inclusive development opportunities
flexible work-life support
paid volunteer days
vibrant employee networks