Global Markets Audit

Who we are looking for

We are looking for a Global Markets Audit Team, Vice President to provide leadership in executing Audit’s assurance coverage over State Street’s Global Markets Division for the United Kingdom (UK) and the Asia-Pacific (APAC) region. Global Markets delivers innovative and value-added solutions in liquidity, financing and research to investment professionals across all client segments. Within Global Markets we offer client services including foreign exchange, securities lending, brokerage and electronic trading platforms. In this role, you will report directly to the Corporate Audit Managing Director for Banking products in the UK, and you will support the annual audit planning and development, risk assessment, scoping and execution of audits related to the associated processes and risks. You will also play a critical role in the ongoing development of audit staff and support various departmental initiatives. This role is based out of London.

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

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 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.

What you will be responsible for

As a Global Markets Audit Team, Vice President you will:

• Act as the audit lead for Global Markets activities in the UK and APAC and develop and rive comprehensive audit strategies that balance unique local risks / requirements with the broader global audit strategy

• Participate in the development of a risk-based audit plan through the execution of detailed risk assessments, which consider existing and emerging risks, key strategic initiatives, regulatory requirements / expectations and effectiveness of the control environment.

• Support the execution the risk-based audit plan through the review and approval of audit work products, ensuring effective coverage and the timely escalation of issues and conclusions.

• Draft, review, finalize and communicate audit deliverables, including audit findings, memos and audit reports to senior and executive management.

• Ensure audit engagements properly align to all internal standards and performance metrics.

• Maintain a comprehensive understanding of various international regulatory regimes and ensure audit coverage requirements are properly considered; develop and oversee approaches to complex and highly scrutinized international regulations (e.g., MiFID)

• Prepare and deliver periodic management reports to key stakeholders including executive management and governance committees.

• Participate as a non-voting member of business / risk committees and management working groups, promoting balanced discussions and encouraging challenge and debate.

• Maintain effective partnerships with key senior leaders in the UK and APAC Global Markets organization by identifying potential control risks and gaps while development and implementation activities are underway.

• Influence effective and sustainable improvements to processes and controls.

• Manage, coach and develop staff, including participating in the talent management, staff evaluation, and new hire processes.

• Provide insight on the evolving regulatory environment and interact with regulators.

• Stay abreast of industry matters and efficiently and effectively apply applicable new developments in audit projects.

What we value

These skills will help you succeed in this role:

• Strong leadership skills that create an inclusive environment for building, cultivating and managing diverse teams.

• Strategic thinking that focuses on developing innovative solutions to optimize execution approaches while maintaining efficiency.

• Highly collaborative with an ability to develop and maintain strong relationships within the department and with stakeholders across the lines of defense.

• Ability to manage complexity, effectively prioritize multiple tasks and work independently in non-routine situations and in a fast-paced environment.

• Strong communication, interpersonal and leadership abilities across all levels coupled with effective problem solving, conceptual thinking, quantitative and analytical skills.

• Ability to understand and connect business and technology concepts into an integrated view

Education & Preferred Qualifications

• 10+ years of experience in Internal Auditing, Public Accounting or Enterprise Risk related roles

• Bachelor’s degree, preferable in finance, accounting or related field.

• Advanced degree or certification (CFA, FRM, CPA, CIA, CISA) preferred.

• Experience executing or auditing capital markets, including electronic trading platforms.

• Experience in developing and executing audit programs for information technology general controls.

Additional requirements

While majority of the time you will work from your primary location, some domestic and international travel may be required to a variety of locations where State Street operates. 

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

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