Corporate Audit - Global Delivery, Managing Director

Who we are looking for

Corporate Audit’s Department Managing Director provides leadership in establishing, directing, and executing the strategy for Audit’s global activities across several business units and functions within Global Delivery focusing on enhancing the effectiveness of governance, risk management, and internal controls across Custody Management, Reconciliation, Complex Derivatives, Data Operations and Risk Analytics. The role requires a strategic leader with deep expertise in financial services, audit methodologies, and regulatory compliance. In addition, the Managing Director leads a global team of auditors and audit managers and is responsible for re-establishing and maintaining effective business partnerships with key executive leaders and their management teams.

The successful candidate must be able to thrive in a fast-paced environment, communicate clearly to Executive Management, already possess strong management capabilities and lead the audit plan development, risk assessment, scoping and execution of audits and drive the Data Analytics strategy for the function. The individual will report directly to the Audit Department Head - Finance, GD-Custody & Recon, GHR, Legal, APAC, based out of India.

Why this role is important to us

The team you will be joining and leading 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 a Corporate Audit, Managing Director you will

Develop and lead a team of ~12 audit professionals supervising, planning and executing complex audits and projects within Global Custody Management & related operations.

Create the audit coverage approach and develop audit plans, commensurate with the existing business risks and challenges, in accordance with the Standards for the professional practice of Internal Auditing promulgated by the Institute of Internal Auditors.

Oversee execution of a risk-focused audit plan, review and approve audit work products to ensure thorough effective coverage and timely and effective escalation of findings and conclusions.

Demonstrate strong communication and relationship building skills in interactions with internal and external stakeholders including executive management and regulators.

Drive the continuous monitoring program built upon regular relationship management meetings with senior leaders, key committees that focus on technology and emerging IT risks, regulatory matters and best practice trends in the industry.

Act with integrity as an accountable and reliable partner, working with the business and our Corporate Audit colleagues.

Demonstrate relevance and value to our stakeholders by understanding business unit goals, objectives and their key strategic deliverable.

Participate as a non-voting member of various steering committees, management working groups, promoting balanced discussions and encouraging challenge and debate.

Prepare and present relevant risk and audit reporting to key stakeholders including executive management and governance committees.

Promote effective communications and information exchange, both within the hierarchy of the Corporate Audit group and within the businesses and functions.

Manage, coach and develop staff with new capabilities, including participating in the talent management, staff evaluation, and new hire processes.

Exhibit the highest level of professional objectivity in gathering, evaluating, and communicating information about the activity or process being examined.

Protect (and is prudent with) information acquired in the course of their duties.

Act as a role model for others

Has a talent mindset and seeks to understand the current and future requirements of the audit function.

Top three leadership priorities

Encourage Professional Challenge

Inspire Trust and Confidence

Generate Insights and Results

Expert knowledge and experience in controls and professional auditing practices.

Extensive experience in providing management with observations and experience to improve business processes, increase operating efficiencies, and reduce operational, technology and financial risks.

These skills will help you succeed in this role

Role model behavior in cross-cultural awareness and ability to connect with colleagues globally in establishing and maintaining a collaborative and inclusive work environment.

Strong leadership, execution and management skills with confidence to gain trust and credibility, and an ability to develop a high performing team by promoting collaboration and innovation at all levels.

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

Experience in data analytics and data visualization

One or more industry recognized certification (i.e., CIA, CPA CISA) and the willingness to continue to learn and grow.

Superior verbal and written communication skills; it is vital that the candidate possess the ability to articulate complex thoughts in a cogent, linear and method-driven manner and to assimilate information for senior executives concisely and appropriately for the situation at hand.

Demonstrated experience in managing diverse teams and large-scale projects.

Education & Preferred Qualifications

Bachelor’s degree, preferable in accounting, finance or related field; Advanced degree in accounting or business administration

20+ years of Audit experience and / or related experience in financial services, regulatory knowledge

Solid understanding of Custody Management Operations and related regulatory requirements

Broad experience in managing diverse teams, and large-scale projects

Proficient or knowledgeable in evaluating and testing internal controls and in applying a risk-based audit approach.

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.

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 are making our mark on the financial services industry. For more than two centuries, we have 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.

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.

Discover more information on jobs at StateStreet.com / careers

Read our CEO Statement