Assistant Vice President Business / Operational Audit

CFA Institute; Greater London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A leading financial organization is seeking an Audit Manager, Assistant Vice President in London to oversee audit engagements focused on Investment Services and Global Delivery. The role involves planning, executing audits, supervising control assessments, and ensuring compliance. Candidates should have over 5 years of experience in auditing, a relevant Bachelor's degree, and strong analytical and leadership skills. This position offers a hybrid work model, requiring 4 days in the office per week.

Benefits

Generous medical care

Flexible Work Programs

Development programs and educational support

Qualifications

• 5+ years of experience in External Auditing, Internal Auditing, or relevant role.
• Knowledge of risks related to IS/GD and CASS.
• Experience in auditing information technology general controls.

Responsibilities

• Plan and execute audits based on risk-based methodology.
• Supervise risk and control assessments.
• Review audit workpapers for compliance.
• Draft and communicate audit reports.
• Manage project issues with business area management.

Skills

Leadership

Analytical skills

Problem-solving

Communication skills

Interpersonal skills

Education

Bachelor's degree in finance, accounting or related field

Job description

Who we are looking for

We are looking for an Audit Manager, Assistant Vice President to lead audit engagements focused on Investment Services (IS)/Global Delivery (GD) and Client Assets Sourcebook (CASS). IS/GD is comprised of State Street's Global Custody, Accounting, Fund Administration, Transfer Agency, Depositary Services, etc. CASS is applicable to many of these activities. In this role, under the direction of senior audit management, you will oversee individual audit engagement and lead assigned teams through all aspects of the audit (i.e., planning, assessments, testing and reporting). You will also play a critical role in the ongoing development of audit staff and support various departmental initiatives. This role is based out of London, United Kingdom. This role can be performed in a hybrid model, 4 days in the office per week.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely 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. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role, you will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial tās industry from day one is a challenge you are up for.

What you will be responsible for

• Plan, oversee and execute audits according to the Division's risk–based audit methodology, other internal standards and industry practices.
• Supervise and direct the execution of risk and control assessments, along with the effective and efficient testing of key controls.
• Review audit workpapers to ensure execution in line with internal standards and that conclusions are properly supported.
• Draft audit reports that clearly communicate overall conclusion, including: key risks, identified issues and their root cause, and impact on overall business strategy.
• Work in partnership with business area management to communicate expectations and manage any project issues that may arise during the audit engagement.
• Escalate potential and identified issues to senior management timely and work with business management to develop and negotiate solutions.
• Develop and maintain a thorough understanding of assigned areas of responsibility, including key technology, products, organizational activities, regulatory environment and global footprint.
• Establish and maintain strong and effective client relationships with business management across the lines of defense and assist soñ management in understanding and implementing / maintaining internal control principles.
• Contribute to change initiatives through active participation in working groups and adoption of practices in day–to–day responsibilities.
• Coach and mentor audit staff as part of their ongoing development.

What we value

• A high degree of professionalism with proven history of providing effective leadership to diverse teams.
• The ability to bs manage complexity, effectively prioritize multiple tasks and work independently in non–routine situations and in a fast–paced environment.
• Knowledge and understanding of the risks related to IS/GD and CASS.
• Excellent analytical, problem resolving, communication (written and verbal ), interpersonal, organizational and presentation skills.
• Demonstrated ability to synthesize understanding of business processes into value added feedback on risk and control environment.
• Proven ability to research, interpret and apply regulatory requirements.
• Fluency in English – written and spoken.

Education & Preferred Qualifications

• 5+ years of experience in External Auditing, Internal Auditing, or relevant first or second line role.
• Bachelor's degree, preferable in?a finance, accounting or related field.
• Experience executing or auditing IS, GD and/or CASS activities.
• Experience in auditing information technology general 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 omdat opportunity and affirmative action employer.

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 statusWer̀ familial status, military and veteran status, and other characteristics protected by applicable law.