Corporate Compliance and Financial Crimes Compliance Audit, Assistant Vice President (AVP)
Who we are looking for
The Corporate Compliance and Financial Crimes Compliance Audit, Assistant Vice President (AVP) will provide independent, objective assurance over the design and execution of the Bank’s Financial Crime and/or Compliance practices established through Compliance’s internal infrastructure, frameworks, policies, management reporting, and board reporting. In this role, under the direction of senior audit management, the individual will oversee individual audit engagements and lead teams through all aspects of the audit (i.e. planning, assessments, testing, and reporting). This individual will be a contributor to maturing the Corporate Audit (CA) function and supporting various departmental initiatives. This role is based in Toronto, Canada or Krakow, Poland.
Candidates should have some experience in Financial Crime Compliance or other Regulatory Compliance relevant to financial services. The successful candidate must be able to thrive in a fast-paced environment and already possess strong auditing capabilities. This individual will facilitate effective communication and coordination with business management at all levels and must have excellent written, verbal, interpersonal and presentation skills. The successful candidate will develop a thorough understanding and knowledge base of the company’s operations, establish effective business relationships within the company and assist management in the understanding and adaptation of internal control principles. It is expected that in this role the candidate will need to dig deep and learn end-to-end compliance/FCC processes and regulations.
Why this role is important to us
The audit team plays an important role in the overall success of the organization. Across the globe, the firm relies 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.
What you will be responsible for
As Corporate Compliance and Financial Crimes Compliance Audit, Assistant Vice President, you will
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Develop and lead a team of audit professionals for supervision, planning and executing complex audits and projects.
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Review audit workpapers to ensure execution is in line with internal and IIA standards and the conclusions are properly supported.
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Draft audit reports that clearly communicate overall conclusions, including: key risks, identified issues and their root cause, and impact on overall business strategy.
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Plan and manage teams of audit professionals and contracted resources in executing all phases and key milestones of an assigned audit/review. Supervise effective and efficient testing of key controls.
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Manage on-site project teams in documenting audit activities in accordance with professional standards and ensuring documentation meets high quality standards.
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Work in partnership with business area management to communicate expectations and manage any project issues that may arise during the audit engagement.
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Establish and maintain strong and effective client relationships with business management across the lines of defense and assist management in understanding and implementing / maintaining internal control principles.
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Escalate audit issues to senior management and interact with business lines and senior managers to develop and negotiate solutions.
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Demonstrate strong knowledge of FCC and Compliance practices and regulatory expectations and requirements.
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Maintain a current knowledge of audit industry practices and ensure best practices are always considered.
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Provide ongoing counsel, training, development, and motivation to staff.
What we value
These skills will help you succeed in this role:
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Ability to manage complexity, to effectively prioritize multiple tasks and work independently in an international team across multiple locations with global stakeholders in new and changing situations as well as being able support the overall team
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Experience in Financial Crime around US regulatory requirements for Anti Money Laundering and Financial Crime
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Experience in US and international regulatory expectations for Corporate Compliance oversight of first line of defense regulatory compliance activities.
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Strong auditing skills, and a good knowledge of the key regulations and current regulatory developments relevant to State Street’s businesses
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A range of personal attributes, including being collaborative, determined, energetic, inquisitive, intelligent and articulate.
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Strong communication skills, both verbal and written in order to effectively communicate with senior leaders within business divisions.
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Excellent written, verbal, interpersonal, and presentation skills.
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Fluency in English
Education & Preferred Qualifications
The following are required:
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Internal Audit and relevant Regulatory Compliance or Financial Crime experience in the financial services industry (5+ years) as a minimum.
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Degree-level education and relevant professional qualification with post-qualified experience.
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An understanding of key regulations impacting such company as State Street
Additional requirements
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Travel up to 5% may be required
Salary Range:
$91,000 - $140,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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