What are the responsibilities and job description for the Global Treasury Audit, Assistant Vice President position at State Street Corporation?
Who we are looking for
The Global Treasury Audit, Assistant Vice President will provide independent, objective assurance over the design and execution of the Bank's Global Treasury practices established through Treasury's internal infrastructure, frameworks, policies, management reporting, and board reporting. In this role, under the direction of senior audit management, the individual will oversee individual audit engagements and lead teams through all aspects of the audit (i.e. planning, assessments, testing, and reporting). This individual will be a contributor to maturing the Corporate Audit (CA) function and supporting various departmental initiatives.
Candidates will be experienced in sound liquidity and interest rate risk management and governance practices within the financial services industry. The successful candidate must be able to thrive in a fast-paced environment, communicate clearly to Executive Management and Regulators, and already possess strong auditing capabilities. It is expected that in this role the candidate will need to dig deep and learn end-to-end treasury processes and regulations.
This role is based in Boston, Massachusetts and due to the role requirements job needs to be performed primarily in the office with some flex work opportunities available.
Why this role is important to us
The audit team plays an important role in the overall success of the organization. Across the globe, the firm, relies 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.
What you will be responsible for
As Global Treasury Audit, Assistant Vice President you will
- Develop and lead a team of audit professionals for supervisions, planning and executing complex audits and projects in Global Treasury (GT).
- Review audit workpapers to ensure execution is in line with internal standards and the conclusions are properly supported.
- Draft audit reports that clearly communicate overall conclusions, including : key risks, identified issues and their root cause, and impact on overall business strategy.
- Work in partnership with business area management to communicate expectations and manage any project issues that may arise during the audit engagement.
- Escalate potential and identified issues to senior management timely and work with business management to develop and negotiate solutions.
- Establish and maintain strong and effective client relationships with business management across the lines of defense and assist management in understanding and implementing / maintaining internal control principles.
- Identify, assess and monitor risks related to the bank's liquidity position and interest rate in the banking book. Analyze internal processes against regulations to ensure it is compliant with U.S. and non-U.S. regulatory requirements.
- Demonstrate strong knowledge of liquidity risk sound business practices and regulatory expectations and requirements.
What we value
These skills will help you succeed in this role :
Education & Preferred Qualifications
The following are required :
Additional requirements
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.
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
Salary Range :
80,000 - $132,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure :
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line
Salary : $80,000 - $132,500
