CAO, Senior Associate

1685 SS CORP SVCS MUMBAI PVT LTD; Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Benefits offered by this job

Inclusive development opportunities

Flexible work-life support

Paid volunteer days

Vibrant employee networks

Job summary

State Street Corp in Bengaluru is seeking a Team Lead for Business Risk Management – Central Testing to oversee evaluation and testing of internal controls across global units. You will lead walkthroughs, sampling and testing efforts, documenting results and presenting root causes to senior stakeholders.

The role requires 4–6 years in risk/control assessment or auditing, strong English communication, excellent organization, and the ability to manage multiple tasks in a deadline-driven

Qualifications

• 4 to 6 years of relevant experience in risk and control assessment, audit, or testing.
• Experience assessing design and operating effectiveness of controls for regulatory compliance.
• Excellent verbal and written English communication with stakeholders at various levels.
• Strong organizational and time management skills with ability to multitask in a deadline-driven environment.
• Self-motivated and adaptable with ability to manage competing priorities.
• Analytical mindset and willingness to learn and develop skills.
• Familiarity with risk/control processes and AML/CFT/regulatory awareness is a plus.
• Experience with large GRC systems is useful.

Responsibilities

• Evaluate and test internal controls and apply risk-based assurance skills for BRM.
• Perform walkthroughs, sampling, testing, and documentation of control effectiveness.
• Identify exceptions and root causes; present issues to internal stakeholders.
• Collaborate with global BRM teams to assess control environments across units.

Skills

Risk and control assessment

Audit/testing

English communication

Time management

Analytical thinking

Adaptability

Prioritization

Education

Professional qualification in audit (ACCA/ACA/CIA/CFA)

Tools

Microsoft Office (Word, Excel, Outlook)

Job description

Business Risk Management – Central Testing – Team Lead

The Central Testing team performs evaluation and operational effectiveness testing of internal controls on behalf of the First Line of Defence for all business lines and locations of State Street to support Business Risk Management (BRM) in assessing and continuously improving the bank’s control environment. This role is to evaluate and test internal controls and apply risk‑based assurance skills to business units globally on behalf of the BRM team. The ideal candidate has some experience in a Big4 or large/ multinational financial services company performing work in a general risk management or control and process assessment environment (e.g. SOX, SOC, Internal Audit). They will ideally possess a good working knowledge and experience in performing walkthroughs and employing common control testing concepts, such as population identification and sampling, performing and documenting testing, identifying exceptions and the respective root causes as well as presenting issues to applicable parties.

Requirements

• 4 to 6 years of relevant experience in performing risk and control assessment, audit, or testing.


• Experience of assessing the design and operating effectiveness of controls to ensure compliance with relevant regulatory requirements and corporate policy and procedures.


• Good verbal and written communication skills in English to interact and maintain relationships with internal stakeholders including at relatively senior levels independently or with minimum supervision of Managers.


• Strong organizational and time management skills; ability to perform multiple simultaneous tasks independently in a deadline‑driven environment as well as to manage own time in order to meet deadlines.


• Self‑motivated and adaptable professional with the ability to prioritize competing priorities while meeting deadlines and support Managers in critical or complex controls testing requirements.


• Intellectual curiosity, analytical and critical thinking skills and an enthusiasm for learning and for developing skills.


• Proficiency in Microsoft Office suite (Word, Excel, Outlook).


• Beneficial but not essential: Complete or partial professional qualification in an audit or related field (e.g. ACCA, ACA, CIA, CFA etc).


• Some familiarity with common risk and control processes and aspects of securities trading, asset management, custody banking, or fund services.


• Some knowledge and awareness of relevant compliance requirements and fundamental regulations (eg. AML/CFT, legal entity governance, etc).


• Experience with any large GRC systems is useful.

Benefits

• Inclusive development opportunities


• Flexible work-life support


• Paid volunteer days


• Vibrant employee networks

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.

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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