Business Auditor, Assistant Vice President, Hybrid

OverviewBusiness Auditor, Assistant Vice President, Hybrid role at State Street. This is a senior audit position focused on core banking areas (custody, depositary services and fund accounting) with potential assignments to Corporate Functions and other areas as needed. Under the direction of senior audit management, you will oversee individual audit engagements and lead assigned teams through all aspects of the audit (planning, assessments, testing and reporting). You will also play a critical role in the ongoing development of audit staff and support various departmental initiatives.LocationThis role is based in Milan in a hybrid working model and will require collaboration with global teams.What You Will Be Responsible ForPlan, oversee and execute audits according to the Division’s risk-based audit methodology, internal standards and industry practices.Supervise and direct the execution of risk and control assessments, along with effective 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 conclusions, including key risks, identified issues and their root causes, and impact on the business strategy.Work with business area management to communicate expectations and manage project issues during the audit engagement.Escalate potential and identified issues to senior management and collaborate with management to develop and negotiate solutions.Develop and maintain a thorough understanding of assigned areas (technology, products, regulatory environment and global footprint).Establish and maintain strong client relationships with business management across the lines of defense and assist management in understanding and applying internal control principles.Contribute to change initiatives through participation in working groups and adoption of best practices in day-to-day responsibilities.Coach and mentor audit staff as part of their ongoing development.What We ValueAbility to operate in a complex, fast-paced environment, working independently and as part of a team.Experience in developing and managing project strategy, leading team efforts, overseeing deliverables, resolving issues and prioritizing actions.Proficiency in critically evaluating business processes, identifying inherent risk and testing internal controls.Strong professionalism, and organizational, analytical, problem-solving and project management skills.Excellent communication (written and verbal), interpersonal and presentation skills.Proven ability to research, interpret and apply regulatory requirements.Fluency in English, written and spoken.Education & Preferred Qualifications6+ years of experience in Public Accounting or Internal Auditing, focusing on Financial Services (e.g., custody, fund accounting, asset management, investment management).Bachelor’s or Master’s degree, preferably in finance, accounting or related field.Advanced degree or certification (ACA, ACCA, CFA, FRM) preferred.Experience auditing fund accounting, depositary bank and custody services. IT general controls experience or related professional qualification (e.g., CISA) preferred.Additional RequirementsWhile the majority of the time you will work from your primary location, some domestic and international travel may be required to locations where State Street operates.About State StreetState Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.State Street is an equal opportunity and affirmative action employer.Job ID: R-776861 #J-18808-Ljbffr