The Audit Manager must be an experienced professional who possesses strong auditing and/or regulatory examination skills, and a good knowledge of the key regulations and current regulatory developments relevant to State Street’s businesses. Responsibilities include:
Plan and manage teams of audit professionals and contracted resources in executing all phases and key milestones of an assigned audit/review
Manage on-site project teams in documenting audit activities in accordance with professional standards and ensuring documentation meets high quality standards
Supervise and direct the execution of risk and control assessments
Supervise effective and efficient testing of key controls
Review documentation of audit work and conclusion of audit tests results and overall effectiveness of controls
Draft audit reports in accordance with Division standards to clearly communicate key risks and core audit issues
Work in partnership with business area management to communicate expectations and manage any project issues that may arise throughout the audit
Escalate audit issues to senior management and interact with business line and senior managers to develop and negotiate solutions
Develop and maintain a thorough understanding of audits and assigned functions, including utilization of technology, products, organizational activities, and systems
Provide ongoing counsel, training, development and motivation to staff
Prepare and deliver assignment and periodic constructive feedback to assigned team members through performance evaluations in-line with Division standards
Assist with audit planning and risk assessments
Provide coaching and development opportunities to staff and responsible for completing and delivering PPRs on time
Make effective recommendations to hire, discipline, control work, determine promotions, salary increases, bonuses and terminate employment
Ensure self and team anticipates, monitors, actively manages and reports all risk and compliance issues, breaches and suspicious activities
Act in accordance with Risk Excellence and role model Ethical behavior and decision making as part of our Way Ahead foundation
