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SVP, Head of Audit Digital Transformation Analytics and Innovation

State Street
State Street Salary
Boston, MA Full Time
POSTED ON 1/13/2025
AVAILABLE BEFORE 4/7/2025

What you will also be responsible for :

As Head of Audit Digital Transformation Analytics and Innovation your responsibilities will include :

Strategic Leadership :

  • Design and execute a digital transformation plan for the internal audit function.
  • Collaborate with executive leadership to enable audit innovation initiatives with the corporate strategy and priorities.
  • Act as a thought leader in digital audit practices, fostering a culture of innovation and continuous improvement.

Digital Transformation and Technology Integration :

  • Lead the integration of emerging technologies, such as artificial intelligence (AI), machine learning (ML), robotic process automation (RPA), and cloud computing, into audit processes.
  • Drive the modernization of legacy audit systems, enabling real-time risk monitoring and enhanced operational efficiency.
  • Evaluate and implement third-party technology solutions to support advanced audit capabilities.
  • Analytics and Innovation :

  • Develop advanced data analytics and predictive models to identify trends, mitigate risks, and enhance audit decision-making.
  • Oversee the creation of dashboards and data visualization tools to provide actionable insights for auditors and stakeholders.
  • Ensure alignment between analytics strategies and regulatory compliance requirements.
  • Risk Management and Compliance :

  • Improve the effectiveness of the corporate audit function by embedding data-driven risk management and compliance tools.
  • Identify potential risks related to digital transformation efforts and develop strategies to mitigate them.
  • Maintain up-to-date knowledge of regulatory standards, ensuring all audit processes meet compliance requirements.
  • Team Leadership and Development :

  • Build, lead, and mentor a high-performing team of analytics and technology specialists within the audit function.
  • Foster cross-functional collaboration across audit, technology, and business units to maximize the impact of digital initiatives.
  • Promote diversity, equity, and inclusion in talent acquisition and team culture.
  • Stakeholder Engagement and Reporting :

  • Regularly report on the progress, effectiveness, and impact of digital transformation initiatives to the board of directors, audit committee, and executive leadership.
  • Partner with internal and external stakeholders to ensure buy-in for audit innovation initiatives.
  • Serve as an ambassador for the Corporate Audit brand with a continuous focus on building collaborative and value-added partnership across the company contributing to the highest standards and positively impacting the stature of the third line of defense.
  • Qualifications and Skills include :

  • Bachelor’s degree in Accounting, Finance, Information Technology, or a related field.
  • Professional certification or graduate degree in a related field.
  • 20 years of experience in corporate audit, risk management, or technology, with a minimum of 10 years in a senior leadership role of a GSIB.
  • Proven expertise in digital transformation, data analytics, and emerging technologies.
  • Exceptional leadership, strategic planning, and communication skills with experience presenting to the highest level of executives and the board.
  • Ability to manage complex projects in a fast-paced, highly regulated environment with proven impactful results that are industry-leading.
  • Salary Range :

    225,000 – $337,500 Annual

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    Salary : $225,000 - $337,500

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