AVP, Enterprise Risk Audit – CCAR & Financial Risks

State Street; Boston (MA); On-site; USD 80,000 - 140,000; Full time

Job summary

State Street is seeking an Enterprise Risk Management Audit, Assistant Vice President to lead audit engagements focused on CCAR and Financial Risk areas from Boston. You will oversee audits, guide teams, assess risks, and report findings to senior management, while developing audit staff and supporting departmental initiatives.

The role emphasizes independent risk oversight, collaboration with business management, and adherence to internal standards and regulatory requirements in a fast-paced

Qualifications

• 5+ years of experience in CCAR or Market/Credit/Liquidity risks in the first or second line.
• Public Accounting, Internal Auditing
• Bachelor’s degree, preferable in finance, accounting or related field.
• Advanced degree or certification (CFA, FRM, CPA) preferred.
• Experience executing or auditing CCAR or Financial Risks
• Experience in auditing information technology general controls.

Responsibilities

• 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 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.

Skills

Leadership

Risk oversight

Regulatory knowledge

Analytical

Communication

Education

Bachelor's degree in finance/accounting

Advanced degree or certification (CFA, FRM, CPA) preferred

Tools

ITGC auditing

Job description

State Street is seeking an Enterprise Risk Management Audit, Assistant Vice President to lead audit engagements focused on CCAR and Financial Risk areas from Boston. You will oversee audits, guide teams, assess risks, and report findings to senior management, while developing audit staff and supporting departmental initiatives.

The role emphasizes independent risk oversight, collaboration with business management, and adherence to internal standards and regulatory requirements in a fast-paced