Full-Time

SVP – Head of Audit Digital Transformation Analytics and Innovation

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$225k - $337.5kAnnually

Expert

Company Historically Provides H1B Sponsorship

Boston, MA, USA + 1 more

More locations: Toronto, ON, Canada

Primary location range applies to Boston, MA and Toronto, ON.

Category
Corporate Finance
Risk Management
Finance & Banking
Required Skills
Machine Learning
Risk Management
Data Analysis

You match the following State Street's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree in Accounting, Finance, Information Technology, or a related field.
  • Professional certification or graduate degree in related field.
  • 20+ years of experience in corporate audit, risk management, or technology, with a minimum of 10 years in a senior leadership role of a GSIB.
  • Proven expertise in digital transformation, data analytics, and emerging technologies.
  • Exceptional leadership, strategic planning, and communication skills with experience presenting to the highest level of executives and the board.
  • Ability to manage complex projects in a fast-paced, highly regulated environment with proven impactful results that are industry-leading.
Responsibilities
  • Design and execute a digital transformation plan for the internal audit function.
  • Collaborate with executive leadership to enable audit innovation initiatives with the corporate strategy and priorities.
  • Act as a thought leader in digital audit practices, fostering a culture of innovation and continuous improvement.
  • Lead the integration of emerging technologies, such as artificial intelligence (AI), machine learning (ML), robotic process automation (RPA), and cloud computing, into audit processes.
  • Drive the modernization of legacy audit systems, enabling real-time risk monitoring and enhanced operational efficiency.
  • Evaluate and implement third-party technology solutions to support advanced audit capabilities.
  • Develop advanced data analytics and predictive models to identify trends, mitigate risks, and enhance audit decision-making.
  • Oversee the creation of dashboards and data visualization tools to provide actionable insights for auditors and stakeholders.
  • Ensure alignment between analytics strategies and regulatory compliance requirements.
  • Improve the effectiveness of the corporate audit function by embedding data-driven risk management and compliance tools.
  • Identify potential risks related to digital transformation efforts and develop strategies to mitigate them.
  • Maintain up-to-date knowledge of regulatory standards, ensuring all audit processes meet compliance requirements.
  • Build, lead, and mentor a high-performing team of analytics and technology specialists within the audit function.
  • Foster cross-functional collaboration across audit, technology, and business units to maximize the impact of digital initiatives.
  • Promote diversity, equity, and inclusion in talent acquisition and team culture.
  • Regularly report on the progress, effectiveness, and impact of digital transformation initiatives to the board of directors, audit committee, and executive leadership.
  • Partner with internal and external stakeholders to ensure buy-in for audit innovation initiatives.
  • Serve as an ambassador for the Corporate Audit brand with a continuous focus on building collaborative and value-added partnership across the company contributing to the highest standards and positively impacting the stature of the third line of defense.
Desired Qualifications
  • Experience in corporate audit, risk management, or technology in a GSIB environment is preferred.
  • A mindset geared towards change and innovation is desirable.
  • Ability to see the bigger picture and make data-driven decisions is preferred.

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to leadership and diversity, promoting a culture that supports employee growth and inclusion.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for ESG investing boosts State Street's asset management division.
  • Digital asset trends create new opportunities for State Street's custody services.
  • Passive investing growth allows State Street Global Advisors to expand ETF offerings.

What critics are saying

  • Increased competition from BlackRock and Vanguard threatens State Street's market share.
  • Interim CFO appointment may cause instability in financial leadership.
  • Investments in volatile biotech stocks expose State Street to financial risk.

What makes State Street unique

  • State Street excels in integrating ESG factors into investment strategies.
  • The company is a leader in secure digital asset custody services.
  • State Street leverages advanced data analytics to enhance financial services.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Work Hours

Remote Work Options

Professional Development Budget

Tuition Reimbursement

Paid Holidays

Employee Referral Bonus