Business Risk Management - Central Testing - Vice President

The Central Testing team performs operational effectiveness testing of internal controls on behalf of the First Line of Defence for all business lines and locations of State Street to support Business Risk Management in assessing and continuously improving the bank’s control environment.

This VP role leads the Central Testing Team in India within the First Line’s Business Risk Management organization and ensures that the control testing program runs efficiently, in accordance with defined control testing methodologies, while maintaining effective, regular, and open communication with Business Risk Management and the broader operational business. This role includes the supervision of 20-25 team members and ensures the team produces high quality work to agreed timelines.

The ideal candidate has experience in a large financial services company performing and supervising control testing work (eg. SOX, SOC, Internal Audit, etc). They will have many years of direct experience in leading and reviewing work of teams employing standard testing methodologies and an awareness of industry standard control assessment frameworks (eg. COSO) and risk management principles.

Requirements

• 15+ years of increasingly senior experience of performing, reviewing, and leading control design and operational effectiveness reviews including in a supervisory / managerial capacity.
• Strong verbal and written communication skills in English to interact and maintain relationships with internal stakeholders at senior levels
• Proven project management and leadership experience in an audit/testing environment at a suitably senior level and a desire to further develop these skills
• Strong organizational and time management skills as a team manager with larger projects and multiple simultaneous tasks to ensure projects are completed to meet deadlines.
• Ability to line manage and provide effective coaching, guidance, and support for more junior managers and team leaders.
• Proactive and a goal oriented strategic thinker with ability to identify creative solutions to new problems.
• Familiarity with common risk and control processes relating to financial services, securities trading, asset management, custody banking, or fund services.
• Experience with any large GRC system or audit IT systems.
• Knowledge and awareness of general banking compliance requirements and fundamental regulation (eg. AML/CFT, legal entity governance, etc)

Beneficial but not essential:

• Complete or partial professional qualification in an audit or related professional field (eg. ACCA, CIA, CFA, etc.)

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