Full-Time

Enterprise Risk Management Audit

Vice President

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Expert

Company Historically Provides H1B Sponsorship

Toronto, ON, Canada

This role is based out of Toronto, Ontario, Canada.

Category
Risk Management
Finance & Banking
Requirements
  • Strong knowledge and understanding of financial risks particularly Liquidity, Market and Credit risks.
  • Strategic thinking that focuses on developing innovative solutions to optimize execution approaches while maintaining efficiency.
  • Strong communication, interpersonal and leadership abilities across all levels coupled with effective problem solving, conceptual thinking, quantitative and analytical skills.
  • Ability to manage complexity, effectively prioritize multiple tasks and work independently in non-routine situations and in a fast-paced environment.
  • Strong leadership skills that create an inclusive environment for building, cultivating and managing diverse teams.
  • Highly collaborative with an ability to develop and maintain strong relationships within the department and with stakeholders across the lines of defense.
  • Fluency in English – Written and spoken.
Responsibilities
  • 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.
  • 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 Financial Risk 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.
Desired Qualifications
  • 10+ years of experience in Market/Credit/Liquidity risks in the first or second line, or Public Accounting.
  • Bachelor’s degree, preferable in finance, accounting or related field.
  • Advanced degree or certification (CFA, FRM, CPA) preferred.
  • Experience executing or auditing Financial.
  • Experience in auditing information technology general controls.

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

  • Increased ESG investing aligns with State Street's diversity and inclusion commitment.
  • Digital assets and cryptocurrencies offer growth opportunities for State Street's custody services.
  • The rise of passive investing and ETFs expands opportunities for State Street Global Advisors.

What critics are saying

  • Intensifying competition from firms like BlackRock and Vanguard may impact State Street's growth.
  • Regulatory scrutiny could increase compliance costs for State Street globally.
  • Technological advancements in fintech pose a threat to State Street's traditional banking model.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to innovation and inclusive leadership in financial services.
  • State Street Global Advisors offers tailored investment solutions to meet diverse client needs.

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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