Corporate Compliance and Financial Crimes Compliance Audit, Assistant Vice President

Overview

Corporate Compliance and Financial Crimes Compliance Audit, Assistant Vice President Jobs in Toronto, Canada at State Street

Title: Corporate Compliance and Financial Crimes Compliance Audit, Assistant Vice President

Company: State Street

Location: Toronto, Canada

Category:

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

Develop and lead a team of audit professionals for supervision, planning and executing complex audits and projects.

Review audit workpapers to ensure execution is in line with internal and IIA standards and the conclusions are properly supported.

Draft audit reports that clearly communicate overall conclusions, including: key risks, identified issues and their root cause, and impact on overall business strategy.

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.

Manage on-site project teams in documenting audit activities in accordance with professional standards and ensuring documentation meets high quality standards.

Work in partnership with business area management to communicate expectations and manage any project issues that may arise during the audit engagement.

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.

Escalate audit issues to senior management and interact with business lines and senior managers to develop and negotiate solutions.

Demonstrate strong knowledge of FCC and Compliance practices and regulatory expectations and requirements.

Maintain a current knowledge of audit industry practices and ensure best practices are always considered.

Provide ongoing counsel, training, development, and motivation to staff.

What we value

These skills will help you succeed in this role:

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

Experience in Financial Crime around US regulatory requirements for Anti Money Laundering and…