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State Street

Holds assets for institutions and runs index funds

Business Risk Management - Central Testing

Internal Audit & ControlsConfirmed live in the last 24 hours
Full-timeBengaluru, Karnataka, IndiaNo salary listed

About the Job

Requirements

  • 1-2 years or corporate experience with growing understanding of risk and control frameworks performing control testing work (eg. SOX, SOC, Internal Audit, etc)
  • Some experience of assessing the design and operating effectiveness of controls to ensure compliance with relevant regulatory requirements and corporate policy and procedures
  • Strong verbal and written communication skills in English to interact and maintain relationships with internal stakeholders including at relatively senior levels
  • Strong organizational and time management skills; ability to perform multiple simultaneous tasks independently in a deadline-driven environment as well as to manage own time in order to meet deadlines
  • Self-motivated and adaptable professional with the ability to prioritize competing priorities while meeting deadlines
  • Intellectual curiosity, analytical and critical thinking skills and an enthusiasm for learning and for developing skills
  • Proficiency in Microsoft Office suite (Word, Excel, Outlook)
  • Complete or partial professional qualification in an audit or related field (e.g. ACCA, ACA, CIA, CFA etc)
  • Some familiarity with common risk and control processes and aspects of securities trading, asset management, custody banking, or fund services
  • Some knowledge and awareness of relevant compliance requirements and fundamental regulations (eg. AML/CFT, legal entity governance, etc)

Responsibilities

  • Evaluate and test internal controls and apply risk-based assurance skills to business units globally on behalf of the BRM team
  • Perform walkthroughs and employ common control testing concepts, such as population identification and sampling, performing and documenting testing, identifying exceptions and the respective root causes as well as presenting issues to applicable parties
  • Present issues to applicable parties and interact with stakeholders including at relatively senior levels as needed
  • Collaborate with the BRM team and stakeholders to assess and continuously improve the bank's control environment

Desired Qualifications

  • Complete or partial professional qualification in an audit or related field (e.g. ACCA, ACA, CIA, CFA etc)
  • Some familiarity with common risk and control processes and aspects of securities trading, asset management, custody banking, or fund services
  • Some knowledge and awareness of relevant compliance requirements and fundamental regulations (eg. AML/CFT, legal entity governance, etc)

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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