Risk Management – Senior Audit Manager, Vice President (m|f|x) München

State Street Bank International GmbH (SSBI) is looking for a Senior Audit Manager, Vice President, that will provide leadership in executing the strategy for Corporate Audit’s coverage in Enterprise Risk Management (ERM) where you will be responsible for maintaining effective partnerships with key senior leaders in the organization and program leadership.

In this role you will interact closely with the global Corporate Audit leadership team as well as build an effective relationship with senior management in SSBI. You will support the annual audit planning and development, risk assessment, scoping and execution of audits related to respective coverage in Enterprise Risk Management processes and risks. In this role you will be part of the Corporate Audit Division, which has currently approximately 350 employees worldwide.

The role can be based out of Munich or Frankfurt in Germany, Milan in Italy, or Krakow/Gdansk in Poland, and can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

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. 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 teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. 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.

Tasks

• Support the execution of a risk-focused audit plan, review and approve audit work products to ensure thorough effective coverage and timely and effective escalation of issues and conclusions.
• Influence effective and sustainable improvements to processes and controls through insights gained based on risk and control expertise.
• Champion continuous improvement in audit practices.
• Drive consistent risk assessment and audit coverage approach of related controls across Business Units and Corporate Functions.
• Draft, review, finalize and communicate audit deliverables, including audit findings, memos and audit reports to senior and executive management.
• Participate as a non-voting member of various steering committees, management working groups, promoting balanced discussions and encouraging challenge and debate.
• Provide insight on the evolving regulatory environment and interact with regulators.
• Stay abreast of industry and technical matters and efficiently and effectively apply applicable new developments in audit projects.
• 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.

Profile / Your qualification / Your personality

• Ability to manage complexity, to effectively prioritize multiple tasks and work independently in non-routine situations and in a fast-paced environment.
• Excellent analytical, problem resolving, communication (written and verbal), interpersonal, organizational and presentation skills.
• Strong communication and relationship building skills in interactions with internal and external stakeholders including senior management and regulators.
• Strong client relationship and employee management skills.
• Demonstrated experience in managing diverse teams, and large scale projects.
• Fluency in English- written and spoken. Fluency in German language is highly preferred.
• Thorough knowledge of the European regulatory environment applicable to financial institutions and proven ability to research, interpret and apply regulatory requirements.
• Experience in Risk Management (e.g., Credit Risk, Operational Risk, Liquidity Risk, Market Risk, ESG Risk), ILAAP, RRP and Single Resolution.
• Relevant experience in ICAAP, or in a related field such as capital planning/management, preferably at a bank supervised by the European Central Bank (ECB).
• Previous experience in risk modelling and stress testing.
• Minimum of 10 years Audit experience and/or Public Accounting, Consulting, and/or Financial and Non-Financial Risk Management in the financial industry.
• University degree in economics, statistics, business administration or related field.
• Professional audit certifications preferred; a CPA, CIA, CAMS, or CISA. Willingness to continue to learn and grow.
• Proficient or knowledgeable in evaluating and testing internal controls and in applying a risk-based audit approach.
• Experience in auditing of Risk Management.
• Experience in data analytics and data visualization.
• FRM or CFA certificate is a plus.
• 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.

That awaits you

• Hybrid work arrangement and flexible working time
• Regular performance reviews and structured performance management
• Participation in annual bonus program
• Pension plan offering
• Wellbeing & health programs (anonymous Employee Assistance Program, PME Family Service, trainings)
• Mentoring program
• Personal development possibilities and extensive web-based training catalogue
• Free German and English language classes
• Global Inclusion, Global Outreach and Corporate Citizenship programs
• Dynamic, diverse, international, and multicultural working environment with English company language

Application

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.

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Location

Brienner Strasse 59, D-80333 München