Financial Risk Audit Manager, Vice President

Who We Are Looking For

We are looking for a Financial Risk Audit Manager, Vice President to provide leadership in executing Audit’s assurance coverage over financial risks. Enterprise Risk Management provides independent risk oversight over State Street’s business activities. The financial risks include Market, Credit (including Trading Credit), Interest Rate Risk and Liquidity.

In this role, you will report directly to the Corporate Audit Managing Director for Enterprise Risk Management and support the annual audit planning and development, risk assessment, scoping and execution of audits related to the associated processes and risks. You will also play a critical role in the ongoing development of audit staff and support various departmental initiatives.

The role will be performed in a hybrid model (3‑4 days onsite per week) in Toronto, Canada.

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; 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.

To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role, you will help us build resilience and execute day‑to‑day deliverables at our best.

• Participate in the development of a risk‑based global financial risk audit plan through detailed risk assessments, which consider existing and emerging risks, key strategic initiatives, regulatory requirements and expectations, and effectiveness of the control environment.
• Support the execution of the risk‑based global financial risk audit plan by reviewing and approving audit work products; ensuring effective coverage and the timely escalation of issues and conclusions.
• Draft, review, finalize and communicate audit deliverables, including audit findings, memos and audit reports to senior and executive management.
• Ensure audit engagements properly align to all internal standards and performance metrics.
• Prepare and deliver periodic management reports to key stakeholders including executive management, governance committees, and regulatory bodies.
• Participate as a non‑voting member of business/risk committees and management working groups, promoting balanced discussions and encouraging challenge and debate.
• Maintain effective partnerships with key senior leaders in the Financial Risk organization by identifying potential control risks and gaps while development and implementation activities are underway.
• Influence effective and sustainable improvements to processes and controls.
• Manage, coach and develop staff, including participating in talent management, staff evaluation and new‑hire processes.
• Provide insights into the evolving regulatory environment and interact with regulators.
• Stay abreast of industry matters and efficiently apply applicable new developments in audit projects.

• Strategic thinking that focuses on developing innovative solutions to optimize execution approaches while maintaining efficiency.
• Ability to manage complex global audit programs across multiple risk disciplines and develop strong relationships in both first and second lines of defense to allow for effective review and challenge.
• Strong communication, interpersonal and leadership abilities across all levels coupled with effective problem solving, conceptual thinking, quantitative and analytical skills.
• Ability to manage complexity, effectively prioritize multiple tasks and work independently in non‑routine situations and in a fast‑paced environment.
• Strong leadership skills that create an inclusive environment for building, cultivating and managing diverse teams.
• Highly collaborative with an ability to develop and maintain strong relationships within the department and with stakeholders across the lines of defense.
• Fluency in English – written and spoken.