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QA Audit - Assistant Vice President

AT State Street
State Street

QA Audit - Assistant Vice President

Bangalore, India

Who we are looking for

We are looking for a Quality Assurance Analyst for Audit, Assistant Vice President, who will be responsible for examining and evaluating the effectiveness, efficiency and compliance of Internal Audit activities by assisting in managing, promoting and maintaining the Division's Quality Assurance and Improvement Program within Corporate Audit. In this role, you will execute projects independently with minimal supervision, as well as collaborate with team members and members of the Audit Department. The position is based in Bangalore (India).

This role can be performed in a hybrid model with 4 days in office and one day remote.

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. 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.

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What you will be responsible for

As Quality Assurance Analyst for Audit, Assistant Vice President you will:

  • Execute Quality Assurance reviews of Internal Audit work to challenge the scope and conclusions of audit work, assess adherence to audit methodology and best practices and sufficiency of risk coverage based on industry experience and regulatory knowledge.
  • Proactively monitor for changes to industry and regulatory requirements and guidance
  • Assist in further developing the quality assurance and improvement program to align with industry best practices.
  • Perform targeted and thematic QA reviews of the audit department's work, assist with other policy and methodology related matters, and conduct self-assessments.
  • Develop training based on results of quality reviews and observations based on research of best practices in local markets.
  • Manage relationships with local stakeholders
  • Partner closely with Audit teams to advise on audit best practices and methodology.
  • Collaborate in the improvement of data-driven continuous monitoring and reporting for the Quality Assurance team.
  • Provide ongoing measurement and analyses of Corporate Audit performance.
  • Participate in Division-wide initiatives.

What we value

The following skills will help you succeed in this role:

  • Strong critical thinking and attention to detail.
  • Ability to manage multiple projects and quickly adapt to changing environments and demands under pressure.
  • Ability to work independently with minimal supervision, as well as with a team.
  • Being comfortable to challenge Audit senior management on their processes and decisions.
  • Ability to effect or influence positive changes within the function
  • Strong interpersonal and communication skills; ability to work within a global team and communicate with individuals based in different locations.
  • Experience with and understanding financial services regulations
  • Skills and experience in auditing the following areas are strongly preferred: BSA/AML/Compliance, Model Risk, ESG, Cyber Security, Cloud Computing, Tax

Education & Preferred Qualifications

  • Bachelor's degree, preferable in finance, accounting or related field.
  • 10 - 13 years of experience in Public Accounting, Internal Auditing, or fund accounting and custody experience.
  • Experience in auditing information technology general controls.
  • Excellent understanding of audit practices and methodology and IIA industry standards.
  • Relevant qualifications such as CIA, CISA or global equivalents are a plus
  • Technical (e.g., IT, model, Data Analytics) skills are a plus.

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.

State Street's Speak Up Line

Client-provided location(s): Bengaluru, Karnataka, India
Job ID: StateStreet-R-764452
Employment Type: Full Time