Integrated IT Audit, Assistant Vice President

Who we are looking for

We are looking for an Integrated IT Audit, Assistant Vice President within State Street’s Corporate Audit Division to lead audit engagements focused on business risk and related application technology.  Team members work with business auditors to understand business risks and related application controls such as interface controls, logical access controls, and input/processing/ output controls. The main objective of an integrated audit is to provide management with independent, objective assurance regarding the design and operating effectiveness of the system of internal controls to mitigate both business and IT-related risks.  The audit follows a collaborative approach, with business and IT team audit members jointly conducting the majority of internal and client-facing planning, control assessment, testing, and reporting activities.

In this role you will also lead the audit execution for IT horizontal and pre/post system implementation audits. You will assess the audit scope for IT coverage, manage assessment procedures and test application controls for business audits utilizing a risk-based audit approach.  The application controls subject to testing will be determined during the assessments phase of the audit and will include, but not limited: electronic authorizations; application parameters, settings, edit checks, scripts, and mappings; application access to sensitive application transactions and shared directories; system interfaces; and management, edit, and exception reports.

This role can be based out of Boston, US or  Toronto, Canada.

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 Integrated IT 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.
• 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, both written and spoken.

Education & Preferred Qualifications

• Bachelor’s degree in Computer Science, Information Security, Information Systems, Civil Engineering, Accounting, or a related field, or its equivalent.
• 5+ years of experience with IT and Operations auditing, risk management, or IT compliance.
• Proven knowledge of Information security, system development lifecycle, IT project management and end-user computing;
• Demonstrated experience testing IT general controls and application controls.
• Experience in a number of the following: technology consulting, system auditing, privacy, cyber-security, Public and Private Cloud, software development, financial processes and systems, large project systems integration, risk management, and data analytics.
• Demonstrated knowledge of Institute of Internal Auditors, Corporate Audit Division standards, NIST, COSO, COBIT, ITIL, ISO 27001, Sarbanes-Oxley and SOC 1 / SSAE 16 standards and laws and regulations applicable to the assigned area of responsibility.
• Audit experience in public accounting or internal audit, focusing on financial service or other regulated industries.
• Industry recognized certification CISA, CISSP, CISM.

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.

Discover more at StateStreet.com/career.

Salary Range:

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.

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.

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