Senior Audit Manager for Compliance, Fraud & Financial Crime, Vice President

State Street; London; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Senior Audit Manager for Compliance, Fraud & Financial Crime. This role involves leading audits, collaborating with senior leaders, and ensuring compliance with regulations. You'll be pivotal in enhancing audit practices and managing risks. The position offers a hybrid work model, allowing you to balance office and remote work. Join a team that values diversity and innovation, and make a significant impact in the financial services sector from day one. If you thrive in a dynamic environment and are passionate about compliance, this opportunity is for you.

Benefits

Generous medical care

Insurance and savings plans

Flexible work programs

Development programs

Educational support

Paid volunteer days

Matching gift programs

Qualifications

• 10+ years in Public Accounting or Compliance in financial services.
• Fluency in English and knowledge of UK AML/Sanctions.
• Experience with internal controls and risk-based audits.

Responsibilities

• Execute risk-focused audit plans and review audit work products.
• Influence improvements in processes and controls.
• Draft and communicate audit deliverables to senior management.

Skills

Analytical Skills

Problem Solving

Communication Skills

Interpersonal Skills

Organizational Skills

Presentation Skills

Client Relationship Management

Team Management

Data Analytics

Risk Management

Education

Bachelor's degree in Finance or Accounting

Industry recognized certification (CIA, CAMS, CFE)

Tools

Data Visualization Tools

Job description

Who we are looking for

We are looking for a Senior Audit Manager for Compliance, Fraud & Financial Crime, Vice President. In this role you will provide leadership in executing the strategy for Corporate Audit’s coverage of compliance, fraud and financial crimes topics for the UK. You will be responsible for maintaining effective partnerships with key senior leaders in the organization and program leadership. You will report directly to the UK Managing Director and will support the annual audit planning and development, risk assessment, scoping and execution of audits related to compliance and financial crimes processes and risks. The role is based in London, United Kingdom.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the UK operations as well as support Global audits and projects. 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. 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 services industry from day one is a challenge you are up for.

What you will be responsible for

As the Senior Manager Audit for Compliance, Fraud & Financial Crime, Vice President you will:

• Support the execution of a risk-focused audit plan, review and approve audit work products to ensure thorough effective coverage and timely and effective escalation of issues and conclusions.
• Influence effective and sustainable improvements to processes and controls through insights gained based on risk and control expertise.
• Champion continuous improvement in audit practices.
• Drive consistent risk assessment and audit coverage approach of financial crimes and compliance related controls across Business Units and Corporate Functions.
• Draft, review, finalize and communicate audit deliverables, including audit findings, memos and audit reports to senior and executive management.
• Participate as a non-voting member of various steering committees, management working groups, promoting balanced discussions and encouraging challenge and debate.
• Provide insight on the evolving regulatory environment and interact with regulators.
• Stay abreast of industry and technical matters and efficiently and effectively apply applicable new developments in audit projects.

What we value

These skills will help you succeed in this role

• Ability to manage complexity, to effectively prioritize multiple tasks and work independently in non-routine situations and in a fast-paced environment.
• Excellent analytical, problem resolving, communication (written and verbal), interpersonal, organizational and presentation skills.
• Strong communication and relationship building skills in interactions with internal and external stakeholders including senior management and regulators.
• Strong client relationship and employee management skills.
• Demonstrated experience in managing diverse teams, and large scale projects.
• Fluency in English - written and spoken.

Education & Preferred Qualifications

• Minimum of 10 years of experience in Public Accounting, First, Second or Third Line of defense financial services industry Compliance or Fraud and Financial Crimes functions. UK AML/Sanctions subject matter knowledge required.
• Bachelor’s degree, preferable in finance, accounting or related field.
• One or more industry recognized certification (i.e., CIA, CAMS, CFE) preferred and the willingness to continue to learn and grow.
• Proficient or knowledgeable in evaluating and testing internal controls and in applying a risk-based audit approach.
• Experience in data analytics and data visualization preferred.

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.

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