Business /Operational Audit Manager, Assistant Vice President, Hybrid in Frankfurt am Main bei State Street Corporation

Who we are looking for

State Street Bank International GmbH (SSBI) is looking for a Business/Operational Audit Manager, Assistant Vice President, for the support of our Corporate Audit Department with focus on Global Markets, 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 executive management and have tremendous insight into all parts of the bank’s daily operations and Governance Processes.

In this role you will be a subject matter specialist and internal controls experts, providing knowledge and experience in key risk areas, in particular related to MIFID II requirements. You will be a problem solving partner, looking ahead to help management envision future risks and opportunities. The role will be based preferably in Frankfurt or in Munich, both locations in Germany. You will be assigned to audit projects related to the SSBI headquarters and its branches.

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.

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 Business/Operational Audit Manager, Assistant Vice President you will:

• Successfully plan, execute and complete audits following a risk based methodology in line with Division and Industry Standards as well as regulatory requirements, recommending internal control improvements and preparing audit reports providing clear messages on key risks and key audit issues.
• Perform independent and objective assessments of risks and controls to improve risk management practices and assess controls for compliance with laws, regulations, company policies and business needs.
• Prepare or review documentation of audit work in adherence with the division’s risk-based audit methodology and industry standards as well as conclusions of audit tests results on the overall effectiveness of controls.
• 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 strong relationships within the State Street Corporate Audit function across all levels and locations.
• Developing 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.
• Gain and apply a thorough understanding of audits and assigned functions, including utilization of technology and active usage of Data Analytics.
• 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 BaFin.

What we value

These skills will help you succeed in this role:

• Proficient or knowledgeable 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.
• Experience in auditing FX sales trading and trading activities as well as other investment services under the Securities Trading Act (Wertpapierhandelsgesetz).
• A high degree of professionalism, professional curiosity and skepticism, leadership and proficient