Control testing - Senior Associate

Who we are looking for

Ideal candidate has some experience in a multinational financial services company performing work in a general risk management or control and process assessment environment (e.g. SOX, SOC, Internal Audit). They will ideally possess a good working knowledge and experience in performing walkthroughs and employing common control testing concepts, such as population identification and sampling, performing and documenting testing, identifying exceptions and the respective root causes as well as presenting issues to applicable parties. Further, they will ideally have an awareness of industry standard control assessment frameworks (e.g. COSO). Some familiarity with any aspects of securities trading, asset management, custody banking, or fund services would be beneficial but is not essential.

Why this role is important to us

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. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. 

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Senior Associate - Central Testing you will

• Evaluate and test internal controls and apply risk based assurance skills to business units globally on behalf of the BRM team.
• This role also requires regular and open communication between the Central Testing team, Business Risk Management, and the broader operational business where controls reside.
• The role will assist with the implementation and growth of the Central Testing function by producing high quality work in accordance with defined control testing methodologies to agreed timelines.

What we value

These skills will help you succeed in this role

• Good understanding of risk and controls in a financial services environment. Ideally, proven record of assessing the adequacy and effectiveness of controls designed to ensure the businesses are complying with relevant regulatory requirements and corporate policy and procedures.
• Intellectual curiosity, analytical and critical thinking skills.
• Strong verbal and written communication skills; ability to interact and maintain relationships with senior internal stakeholders as well as to clearly and concisely document the work performed in line with the department’s risk based methodology.
• Strong organizational and time management skills; ability to perform multiple simultaneous tasks independently in a deadline-driven environment as well as to manage own time in order to meet deadlines.
• Being a Team player

Education & Preferred Qualifications

• Graduate/ Post-graduation/MBA in Finance

Beneficial but not essential:

• Complete or partial professional qualification in an audit or related field (e.g. ACCA, ACA, CIA, CFA)Some familiarity with common risk and control processes in securities trading, asset management, custody banking, or fund services

Additional requirements

• Some knowledge and awareness of key regulations and current regulatory developments relevant to State Street’s businesses (e.g. AML/CFT, legal entity governance)

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.

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