Financial Risk Audit Officer - Enterprise Risk Management Audit

Enterprise Risk Management, Financial Risk Audit, Officer

Who we are looking for

We are looking for a Financial Risk professional with experience in one or more areas including Market Risk, Credit or Trading Credit Risk, Interest Rate Risk, Liquidity Risk, or Capital Risk.

The ideal candidate may come from either a Financial Risk or Internal Audit background. Strong Financial Risk subject-matter expertise is essential, while prior audit, assurance, control testing, or regulatory review experience is advantageous. Candidates with relevant experience in trading, product control, or risk reporting may also be considered.

In this role, you will apply your Financial Risk knowledge to execute risk-based audits across the full audit lifecycle, including planning, fieldwork, testing, reporting, and issue validation. You will join the Enterprise Risk Management Audit Team, which provides independent assurance over the effectiveness of risk management and controls across State Street’s Financial Risk disciplines.

The position is based in Bangalore, India, and will be performed in a hybrid model in accordance with role and business requirements.

Why this role is important to us

Enterprise Risk Management provides independent oversight of risks arising from State Street’s business activities. Corporate Audit provides independent assurance that these risks are identified, measured, monitored, and governed effectively.

In this role, you will bring Financial Risk expertise to audits covering areas such as Market Risk, Credit and Trading Credit Risk, Interest Rate Risk, Liquidity Risk, and Capital Risk. Your insights will help strengthen risk management practices, control effectiveness, and regulatory compliance across the organization.

Join us if you are interested in applying your Financial Risk experience within Corporate Audit and contributing to the resilience of a global financial institution.

What you will be responsible for

As an Enterprise Risk Management Financial Risk Audit Officer, you will:

• Execute risk-based audits and assurance reviews covering one or more Financial Risk disciplines, including Market Risk, Credit or Trading Credit Risk, Interest Rate Risk, Liquidity Risk, and Capital Risk.
• Participate in all phases of the audit lifecycle, including risk assessment, planning, process walkthroughs, control evaluation, testing, issue development, reporting, and follow-up.
• Apply Financial Risk subject-matter expertise to assess the design and effectiveness of risk-management processes, governance, methodologies, reporting, and controls.
• Identify control weaknesses, emerging risks, and opportunities to strengthen risk-management practices.
• Present audit observations, testing results, and recommendations to Audit Managers, Senior Audit Managers, and relevant business and risk-management stakeholders.
• Prepare clear, concise, and well-supported audit documentation, findings, reports, and other deliverables.
• Support the management, validation, and closure of audit issues and corrective action plans.
• Execute assigned work in accordance with State Street Corporate Audit methodology and applicable Institute of Internal Auditors standards.
• Develop effective relationships with stakeholders across Corporate Audit, Enterprise Risk Management, and relevant business functions.
• Maintain current knowledge of Financial Risk methodologies, regulatory expectations, emerging risks, and industry practices.
• Contribute to thematic reviews, regulatory work, and other special projects as required.

Required Qualifications

• Five or more years of relevant experience in banking or financial services.

• Demonstrated experience in at least one Financial Risk discipline, such as: Market Risk, Credit or Trading Credit Risk, Interest Rate Risk, Liquidity Risk, and Capital Risk

• Experience may come from Financial Risk management, trading, product control, risk reporting, Internal Audit, assurance, or another closely related function.
• Strong understanding of Financial Risk concepts, methodologies, governance, controls, and applicable regulatory expectations.
• Ability to analyze complex risk information, identify key control considerations, and communicate conclusions clearly.
• Strong written and verbal communication skills, including the ability to present technical risk matters to audit and business stakeholders.
• Bachelor’s degree in finance, accounting, economics, business, mathematics, or another relevant field.

Preferred qualifications

• Experience executing or supporting audits, assurance reviews, control testing, regulatory examinations, or independent risk assessments.
• Previous experience auditing one or more Financial Risk disciplines.
• Experience within a bank, custody bank, capital-markets organization, or other regulated financial institution.
• Familiarity with risk-based audit methodology, audit documentation, issue development, and corrective-action validation.
• Knowledge of global regulatory expectations and industry standards applicable to Financial Risk.
• CFA, FRM, CPA, CIA, or another relevant professional certification.
• Advanced degree in finance, accounting, economics, business, mathematics, or a related field.

What we value

These capabilities will help you succeed in the role: strong analytical thinking and sound judgment; the ability to understand complex Financial Risk concepts and translate technical information into clear, practical recommendations; intellectual curiosity and a willingness to challenge constructively; strong organizational, time-management, and project-execution skills; and the ability to work independently while collaborating with and positively influencing stakeholders. You should also demonstrate adaptability, professionalism, attention to detail, and a commitment to high-quality work in a dynamic environment with evolving regulations, methodologies, priorities, and risks.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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