Who we are looking for
The Global Treasury Audit, Officer will assist with providing independent, objective assurance over the design and execution of the Bank’s Global Treasury practices established through Treasury’s internal infrastructure, frameworks, policies, management reporting, and board reporting. In this role, the individual will carry out a variety of responsibilities, which include: interfacing with business partners, executing control design assessments, utilizing data analytics to assist with operational effectiveness testing, developing audit test conclusions and drafting summary observations. The individual will also lead audit project teams and serve as primary contact to business on some occasions. The individual will also support initiatives such as building and leveraging dashboards and data analytics for continuous monitoring and oversight. This role is based in Toronto, Canada.
Candidates will be experienced in sound liquidity and interest rate risk management and governance practices within the financial services industry. The successful candidate must be able to thrive in a fast-paced environment, communicate clearly to Executive Management and Regulators, and already possess strong auditing capabilities.
Why this role is important to us
The audit team plays an important role in the overall success of the organization. Across the globe, the firm, relies 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.
What you will be responsible for
As Global Treasury Audit, Officer you will
- Perform audit work in line with the Division’s risk-based methodology and the Institute of Internal Auditor’s standards to identify and understand risk; determine control objectives; and evaluate whether controls sufficiently address identified risks through various testing techniques.
- Obtain and analyze evidentiary data as a basis for drafting informed and objective opinions on the adequacy and effectives of controls under review.
- Use data analytics to assist with operating effectiveness testing and continuous monitoring.
- Draft audit issues that clearly outline the identified issue and underlying root cause.
- Escalate potential issues / obstacles to audit management along with proposed solutions.
- Demonstrate strong knowledge of liquidity risk sound business practices and regulatory expectations and requirements.
- Develop relationships with audit clients and business partners across the lines of defense; serve as the primary audit contact for assigned area in individual audit engagements and serve as auditor in charge of certain engagements.
- Contribute to change initiatives through active participation in working groups and adoption of practices in day-to-day responsibilities.
What we value
These skills will help you succeed in this role:
- The ability to manage complexity, effectively prioritize multiple tasks and work independently on non-routine situations and in a face-paced environment.
- Ability to clearly demonstrate proficiency in evaluating business processes, identifying inherent risk and testing associated internal controls.
- A high degree of professionalism and proficient organizational, analytical, problem solving and project management skills.
- Excellent communication (written and verbal), interpersonal and presentation skills.
- Proven ability to research, interpret and apply regulatory requirements related to Global Treasury and Liquidity.
Education & Preferred Qualifications
The following are required:
- 3+ years of experience in Public Accounting, Internal Auditing, or first- or second-line Treasury / Risk roles.
- Bachelor’s degree in Finance, Accounting, Business or related field.
- Advanced degree or certification, Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Chartered Financial Analyst (CFA) designation or its equivalent preferred.
- Prior experience working with data analytics and/or auditing information technology 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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