We are looking for an Assistant Manager to join the Corrective Action Validation Team which is part of State Street s Corporate Audit Team Corporate Audit s assessments include internal controls over financial and regulatory reporting compliance with laws and regulations and compliance with significant corporate policies in addition to the effective management of risks faced by the Company including all global business units and legal entities in executing on its strategic and tactical operating plans The Corrective Action Validation team monitors and validates Audit Remediation plans to ensure compliance with policies and industry best practices The Team also plays a crucial role in reporting status of all Audit Findings to management In this role you will operate as part of a dynamic and cross functional teams responsible for the review of the execution of remediation plans post of individual audit engagements Working under the direction of audit project lead you will carry out a variety of responsibilities which include interfacing with business partners executing control design assessments and operational effectiveness testing developing audit test conclusions and drafting summary observations You will also play a role in the onboarding and coaching of junior staff and support various departmental initiatives This role is based out of Bengaluru Karnataka India 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 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 To make that happen we need teams like yours to help navigate employees and the organization as a whole In your role 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 forAs an Assistant Manager in the Corporate Audit Team you will Perform audit work in line with the Division s risk-based methodology and the Institute of Internal Auditor s standards to identify and understand risk determine control objectives and evaluate whether controls sufficiently address identified risks through various testing techniques Obtain and analyze evidentiary data as a basis for drafting informed and objective opinions on the adequacy and effectives of controls under review Draft audit issues that clearly outline the identified issue and underlying root cause Review corrective actions taken by management to improve deficient conditions Escalate potential issues obstacles to audit management along with proposed solutions Develop and maintain understanding of internal State Street products and processes as well as relevant industry and regulatory topics Develop relationships with audit clients and business partners across the lines of defense serve as the primary audit contact for assigned area in individual audit engagements Contribute to change initiatives through active participation in working groups and adoption of practices in day-to-day responsibilities Assist in the onboarding of audit staff What we valueThese skills will help you succeed in this role The ability to operate in a complex non-routine and fast-paced workplace that requires working independently and as part of a team The candidate should clearly demonstrate proficiency in evaluating and testing internal controls and in applying risk based audit skills to business unit Ability to clearly demonstrate proficiency in evaluating business processes identifying inherent risk and testing associated internal controls A high degree of professionalism and proficient organizational analytical problem solving and project management skills Excellent communication written and verbal interpersonal and presentation skills Proven ability to research interpret and apply regulatory requirements Fluency in English - written and spoken Education Preferred Qualifications3-5 years of experience in Public Accounting Internal Auditing focusing on Financial Services - custody asset management capital markets alternative investments etc Bachelor s degree preferable in finance accounting or related field Advanced degree or certification CFA FRM CPA CIA CA preferred CISA is a plus Experience in auditing information technology general controls Additional requirements While majority of the time you will work from your primary location some domestic and international travel may be required to a variety of locations where State Street operates 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 versatile 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 About State Street 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 Chance 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 Discover more information on jobs at StateStreet com careers Read our CEO Statement

📌 Assistant Manager - Business Audit (Karnataka)
🏢 State Street
📍 Karnataka