Auditor / Officer

Make Tomorrow Happen. Advance your career at State Street. We are excited to see that you are reviewing career opportunities available at State Street. Follow the tips below when applying. If this opportunity is not right for you – perhaps you may want to refer a friend?Are you advancing your own career? After clicking “Apply” you will be able to update your Education and Job History. Use it to highlight courses, certifications, achievements or projects you have participated in at State Street. To make updates, go to the Career section of your Profile and edit it manually or by using the “Upload My Experience” option. Remember to review all new entries in your profile and make sure resume information was parsed correctly.Before applying, please visit Career Central - Home to read State Street’s Internal Mobility Policy.Are you referring a friend? Please use the “Refer” button on the right. If you have any questions about the process please visit the corporate intranet and type in Refer a Friend into the search bar.Job DescriptionWho we are looking forWe are looking for a Business/Operational Auditor, Officer (Auditor) to join our Investment Services (IS) Audit Team, providing audit coverage across various parts of the IS organization, including Global Delivery and the Chief Commercial Office. In this role, you will operate as part of dynamic and cross functional teams responsible for the execution of individual audit engagements. Working under the direction of audit project lead, you will carry out a variety of responsibilities, which include: interfacing with business partners, executing control design assessments and operational effectiveness testing, developing audit test conclusions and drafting summary observations. You will also play a role in the onboarding and coaching of junior staff and support various departmental initiatives. Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.Why this role is important to usThe 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 forAs a Business/Operational Auditor, Officer (Auditor) you will:Perform audit work in line with the Division’s risk-based methodology and the Institute of Internal Auditor’s standards to identify and understand risk; determine control objectives; and evaluate whether controls sufficiently address identified risks through various testing techniques.Obtain and analyze evidentiary data as a basis for drafting informed and objective opinions on the adequacy and effectives of controls under review.Review corrective actions taken by management to improve deficient conditions.Escalate potential issues / obstacles to audit management along with proposed solutions.Develop and maintain understanding of internal State Street products and processes as well as relevant industry and regulatory topics.Develop relationships with audit clients and business partners across the lines of defense; serve as the primary audit contact for assigned area in individual audit engagements.Contribute to change initiatives through active participation in working groups and adoption of practices in day-to-day responsibilities.Assist in the onboarding of audit staff.What we value These skills will help you succeed in this role:The ability to operate in a complex, non-routine and fast-paced environment that requires working independently and as part of a team.Experience or familiarity with custody banking and/or fund accountingAbility to clearly demonstrate proficiency in evaluating business processes, identifying inherent risk and testing associated internal controls.A high degree of professionalism and proficient organizational, analytical, problem solving and project management skills.Excellent communication (written and verbal), interpersonal and presentation skillsProven ability to research, interpret and apply regulatory requirements.Education & Preferred Qualifications5-7 years of experience in Public Accounting, Internal Auditing, or State Street Investment Services.Bachelor’s degree, preferable in finance, accounting or related field.Advanced degree or certification (CFA, FRM, CPA, CIA) preferred.Experience executing or custody banking or fund accounting.Experience in auditing information technology general controls.Additional requirementsWhile 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 StreetWhat 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/careersAbout State StreetAcross 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.Discover more information on jobs at StateStreet.com/careersRead our CEO StatementSummaryLocation: Bangalore, India; Boston, MassachusettsType: Full time