Full-Time

Corporate Audit Regulatory and Risk Insights

Managing Director

Posted on 1/1/2025

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$170k - $267.5kAnnually

Senior, Expert

Company Historically Provides H1B Sponsorship

Boston, MA, USA

Requires primarily in-office work with some flex work opportunities.

Category
Risk & Compliance
Legal & Compliance

You match the following State Street's candidate preferences

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

Degree
Experience
Requirements
  • 15+ years of experience in Public Accounting, Internal Auditing, or Risk / Compliance experience with increasing responsibilities.
  • Bachelor’s degree, preferable in finance, accounting or related field.
  • Advanced degree or certification (CFA, FRM, CPA, CIA) preferred.
Responsibilities
  • Oversee and coordinate the approach for engagement on global regulatory exams (e.g., track regulatory exam status, determine Corporate Audit participation, coordinate responses to examiner requests).
  • Maintain and oversee processes around Corporate Audit’s validation of regulatory findings issued across the company. Areas of responsibility include: tracking open findings, confirming validation approach, ensuring proper resources are assigned, building periodic reporting, overseeing internal tollgate processes and reviewing validation materials.
  • Aggregate and assess audit outcomes and continuous monitoring results to identify key risk insights to be shared with management through various means (e.g., legal entity boards, business committees, periodic opinions).
  • Drive the delivery of Corporate Audit’s Risk Insights program whereby thought leadership on topics of emerging risk and / or key issues facing the business are reported on to key stakeholders.
  • Maintain strong relationships with key stakeholders within the Division and across the lines of defense.
  • Act as part of the Corporate Audit leadership team and help drive adoption of, and at times lead, Corporate Audit strategic initiatives intended to improve process efficiency and effectiveness.
  • Provide leadership to Corporate Audit personnel involved in the regulatory and risk insight processes.

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.

Help us improve and share your feedback! Did you find this helpful?

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

INACTIVE