IT Audit Manager, Assistant Vice President, Hybrid (m/f/d)

Who we are looking for

State Street Bank International GmbH is looking for an IT Audit Manager, Assistant Vice President, who will be responsible for managing and performing audits covering IT governance, systems infrastructure, information security, application controls, operational and oversight monitoring activities and ensure compliance with the division’s risk-based audit methodology. This role will primarily focus on participation in global IT audit engagements considering legal entity aspects and local regulatory requirements.

You will be part of a team of approximately 380 professionals globally, and you will be responsible for providing independent, objective assurance and advisory services designed to add value, minimize risk and improve the overall control environment of State Street Corporation and its subsidiaries. You will interact and communicate regularly with executive management and have tremendous insight into all parts of the company’s daily operations. The role can be based out of Munich (Germany), Milan (Italy), or Krakow/Gdansk (Poland).

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 organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. 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 IT Audit Manager, Assistant Vice President you will

• Work as part of an international team with global stakeholders in new and changing situations where there may not always be a readily apparent solution.
• Manage the planning, assessment, testing and reporting phases of audits covering IT governance, systems infrastructure, information security, application controls, and operational activities. 
• Perform independent and objective assessments of risks and controls to improve risk management practices.
• Assess systems and supporting controls for compliance with laws, regulations, company policies and meet business needs.
• Recommend control improvements to mitigate key risks. 
• Maintain a thorough knowledge of ECB and BaFin regulatory requirements (for example the Supervisory Requirements for IT in Financial Institutions – BAIT, EBA Guidelines on Outsourcing)
• Influence change and provide insights on business initiatives, including system implementations.
• Prepare or review audit workpapers to ensure compliance with the division’s risk-based audit methodology.
• Supervise, coach and develop staff, helping to build technology audit skills across the Corporate Audit division.
• Use your excellent writing skills to succinctly communicate complicated technical issues in business terms.
• Prepare audit reports and present key findings to senior level management.

What we value

These skills will help you succeed in this role

• Experience leading and supervising project teams, preferably in an audit or assurance capacity within the financial services industry.
• Proficient or knowledgeable in evaluating and testing internal controls and in applying a risk-based audit approach.
• Ability to effectively prioritize multiple tasks and work independently in an international team across multiple locations with global stakeholders in a fast paced environment as well as to manage complex nonroutine situations while multi-tasking
• Professional curiosity and willingness to learn new technologies and processes.
• Strong analytical, interpersonal, organizational, research, and communication (verbal and written) skills.
• Good understanding of the role of first, second and third line of defense.
• Fluency in English - written and spoken.

Education & Preferred Qualifications

• University degree in Information Systems, Computer Science, Accounting or related field; Advanced degree in Information Technology, Cyber Security or Systems Engineering preferred.
• Currently hold one or more industry recognized certifications (e.g. CISA, CRISC, CISM, CISSP, Cloud+, etc.) and a willingness to continue to learn and grow.
• 5+ years of auditing technology-related areas such as:
  • IT Resilience / Data Replication / Disaster Recovery
  • Identity and Access Management/Privileged Access Management/Adaptive Authentication Solutions
  • IT Change Management
  • IT incident and problem management
  • Security Incident and Event Management (SIEM) Technologies
  • Cyber Incident and response
  • Enterprise security controls frameworks
  • Cloud Security
  • Financial services operational processes and technology
  • Automated business process controls

Additional requirements

• Willingness to travel up to 20% annually.
• Knowledge of German language will be considered a plus.

Who we are looking for

State Street Bank International GmbH (SSBI) is looking for a Senior Audit Manager, Vice President, that will provide leadership in executing the strategy for Corporate Audit’s coverage in Enterprise Risk Management (ERM) where you will be responsible for maintaining effective partnerships with key senior leaders in the organization and program leadership.

In this role you will interact closely with the global Corporate Audit leadership team as well as build an effective relationship with senior management in SSBI. You will support the annual audit planning and development, risk assessment, scoping and execution of audits related to respective coverage in Enterprise Risk Management processes and risks. In this role you will be part of the Corporate Audit Division, which has currently approximately 350 employees worldwide.

The role can be based out of Munich or Frankfurt in Germany, Milan in Italy, or Krakow/Gdansk in Poland, and 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

SSBI is a 100% subsidiary of the State Street Corporation. Our Headquarter is based in Munich with offices in Frankfurt, Zurich, Vienna, Milan, Luxembourg, Amsterdam, Paris, Krakow and Gdansk. We offer investment services to institutional clients encompassing investment servicing, investment research and trading, and investment management. 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. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. 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 Senior Audit Manager, 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 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.
• Demonstrate, maintain and expand your knowledge of financial and operational internal control methodologies and terminologies (e.g. COSO), process and control industry standards, audit industry best practices and regulatory expectations, risk management practices and techniques as well as supervisory regulatory requirements such as ECB.

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. Fluency in German language is highly preferred.
• Thorough knowledge of the European regulatory environment applicable to financial institutions and proven ability to research, interpret and apply regulatory requirements.
• Experience in Risk Management (e.g., Credit Risk, Operational Risk, Liquidity Risk, Market Risk, ESG Risk), ILAAP, RRP and Single Resolution.
• Relevant experience in ICAAP, or in a related field such as capital planning/management, preferably at a bank supervised by the European Central Bank (ECB).
• Previous experience in risk modelling and stress testing.

Education & Preferred Qualifications

• Minimum of 10 years Audit experience and/or Public Accounting, Consulting, and/or Financial and Non-Financial Risk Management in the financial industry.
• University degree in economics, statistics, business administration or related field.
• Professional audit certifications preferred; a CPA, CIA, CAMS, or CISA. 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 auditing of Risk Management.
• Experience in data analytics and data visualization.
• FRM or CFA certificate is a plus.

It is a requirement for the candidate in Italy to be enrolled to list 69/99. 

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/careers

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