Who we are looking for
State Street Bank International GmbH (SSBI) is looking for an Audit Manager, for Luxembourg and France, Vice President for the support of our Corporate Audit Department with focus on managing and delivering the audit coverage of SSBI Business in Luxembourg and France, who will be responsible for providing independent, objective assurance and advisory services designed to add value, minimize risk and improve the overall control environment of SSBI and State Street overall.
You will interact and communicate regularly with country executive management, you will build strong relationships with country management and have tremendous insight into all parts of the bank’s daily operations and Governance Processes. You will be a problem solving partner, looking ahead to help management envision future risks and opportunities. You will lead audit projects related to the SSBI Branches Luxembourg and France and furthermore the SSBI headquarters. In this role you will be part of the Corporate Audit Division, that has currently more than 300 employees worldwide, and you will report directly to the Head of the SSBI Corporate Audit Function. In this role you will be based in Luxembourg.
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.
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Why this role is important to us
SSBI is a 100% subsidiary of the State Street Corporation. Our Headquarter is based in Munich with offices in Frankfurt, Zurich, Vienna, Milan, Luxembourg, Amsterdam, Paris, Krakow and Gdansk. We offer investment services to institutional clients encompassing investment servicing, investment research and trading, and investment management. The team you will be joining plays an important role in the overall success of the organization. In Europe and 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 you and teams like yours to help navigate the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. 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 Audit Manager, Vice President you will:
- Develop strong operational and regulatory subject matter expertise.
- Schedule, oversee and deliver audit engagements, including audit report and issue matrix deliverables.
- Develop and maintain influential relationships with senior management through continuous monitoring and governance forum attendance and management reporting as required.
- Manage the local audit team and demonstrate leadership through supervision, coaching and development of staff.
- Participate in department wide initiatives, challenging the department's organization, processes and services to ensure that they remain at or above peer/ industry standards.
- Strengthen internal control disciplines within the corporation by influencing relevant policies, promoting education/ understanding of control concepts.
- Work in partnership with business and division management across all lines, facilitate effective communication and coordination and develop and negotiate solutions for control deficiencies.
- Establish yourself as a trusted business partner and contribute to change initiatives by participation in system and business process change initiatives with strategic corporate significance by providing input on operational and technological risk issues in an advisory capacity.
- Demonstrate, maintain and expand your knowledge of financial and operational internal control methodologies and terminologies (e.g. COSO), process and control industry standards, audit industry best practices and regulatory expectations, risk management practices and techniques as well as supervisory regulatory requirements such as ECB and CSSF.
What we value
These skills will help you succeed in this role:
- Strong relationship management and client facing skills, and interest in developing as a leader within Corporate Audit.
- Excellent communication skills (both written and verbal) and interpersonal skills.
- Strong analytical and project management skills.
- Ability to prioritize and multi-task in a fast paced environment.
- Demonstrated ability to work with people at different levels.
- Ability to meet key deliverables within stated timeframes.
- Proficient in evaluating and testing internal controls and in applying a risk-based audit approach as well as of the role of first, second and third line.
- A high degree of professionalism, professional curiosity and skepticism, leadership and proficient organizational, analytical and project management skills.
- Strong team leadership skills which include creating an environment of trust, soliciting diverse views from team members as well as coaching and developing staff through timely meaningful feedback
- Thorough knowledge of the European regulatory environment applicable to financial institutions and proven ability to research, interpret and apply regulatory requirements.
- Fluency in English as well as French is a must – written and spoken
Education & Preferred Qualifications
- University degree in economics, statistics, business administration or related field.
- Professional audit certifications preferred; a CPA, CIA or CISA is a plus.
- 10+ years Audit experience and/or compliance/risk management in the financial industry, specific experience in either auditing custody, fund administration, depositary, transfer agent and international audit experience will be an advantage.
Additional requirements
Travel up to 20% may be required.
What we offer
Wide range of benefits, including:
- Hybrid work arrangement and flexible working time
- Regular performance reviews and structured performance management
- Participation in annual bonus program
- Pension plan offering
- Wellbeing & health programs (anonymous Employee Assistance Program, PME Family Service, trainings)
- Group accident insurance
- Mentoring program
- Personal development possibilities and extensive web based training catalogue
- Free language classes
- Dynamic, international and multicultural working environment
- Global Inclusion, Global Outreach and Corporate Citizenship programs
- Dynamic, diverse, international, and multicultural working environment with English company language
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
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