Who we are looking for

We are looking for an Assistant Vice President to lead audit engagements focused on State Street Investment Management areas. 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 Boston, Massachusetts.

Due to the onsite role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

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 services industry from day one is a challenge you are up for.

What you will be responsible for

As an Investment Management Audit, Assistant Vice President you will:

• 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.

What we value

These skills will help you succeed in this role

• A high degree of professionalism with proven history of providing effective leadership to diverse teams.

• The ability to manage complexity, effectively prioritize multiple tasks and work independently in non-routine situations and in a fast-paced environment.

• Knowledge and understanding of investment management strategies and risks.

• 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 financial services, public accounting, or internal auditing

• Bachelor’s degree, preferable in finance, accounting or related field.

• Advanced degree or certification (CFA, CIA, CPA) preferred.

• Experience executing or auditing investment management areas

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.

Salary Range:

$80,000 - $140,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

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. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. 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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Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.