Corporate Audit Poland and IFDS, Managing Director
State Street Corporation
Application
Details
Posted: 19-Jun-24
Location: Kraków, Poland
Type: Full-time
Internal Number: 20870199
Who we are looking for Our State Street Bank International GmbH (SSBI) Poland Hub is providing operational services for internal clients in multiple locations in State Street Bank and Trust as well as SSBI. Corporate Audit is following this approach and members of Team located in Poland span across multiple teams covering a variety of State Street activities, processes and controls globally. In this context, State Street is looking for a highly skilled and experienced Managing Director acting both in a regional oversight role and overseeing audit assurance of a product portfolio.
In this role you will act as the Head of our Corporate Audit Team in Poland, overseeing completeness of audit coverage of Poland processes and controls and lead our audit assurance coverage of International Financial Data Services (IFDS). You will report directly to the Head of Corporate Audit SSBI and interact closely with the global Corporate Audit leadership team as well as build an effective relationship with senior management in Poland. The role provides insight into all parts of the bank's daily operations and governance processes. You will be a problem solving partner, looking ahead to help management identify future risks and opportunities. You will provide strategic leadership across all aspects of the audit lifecycle, including, but not limited to: defining the audit universe, reviewing and approving risk assessments, setting the audit plan and overseeing audit engagements for IFDS audit assurance. This role is based out of 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. In this role you will be part of the Corporate Audit Division, which has currently more than 300 employees worldwide.
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 for As Corporate Audit, Managing Director, Corporate Audit Poland and IFDS you will:
Drive and oversee the audit strategy for International Financial Data Services IFDS, including defining the audit universe, performing risk assessments, and overseeing the risk based audit plan
Effectively manage the client relationship with International Financial Data Services IFDS leadership
Manage the IFDS Audit Team and demonstrate leadership through supervision, coaching and development of staff.
Provide day-to-day leadership to the local audit team in Poland acting as matrix manager.
Oversee the audit coverage of activities, processes and controls in Poland in close collaboration with the wider Corporate Audit Leadership Team
Proactively engage with senior stakeholders in Poland to provide insights on key / emerging risks and issue themes and trends in close cooperation with the local audit team
Influence effective and sustainable improvements to processes and controls
Provide insight on the evolving regulatory environment and interact with global regulators
Stay abreast of industry matters and efficiently and effectively apply applicable new developments in audit projects
Prepare relevant risk and audit reporting to key stakeholders including executive management and governance committees.
Participate as a non-voting member of various business committees and management working groups, promoting balanced discussions and encouraging challenge and debate
Proactively engage in solving complex issues and engage in projects that may extend beyond own area(s) of expertise
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
What we value These skills will help you succeed in this role
Role model behavior in cross-cultural awareness and ability to connect with colleagues in SSBI and globally in establishing and maintaining a collaborative and inclusive work environment
Strong leadership skills that gain trust and credibility across senior stakeholders
Strategic mindset and ability to clearly articulate vision; ability to drive adoption and measure success of initiatives
Experience developing and maintaining relationships with multiple stakeholders, including executives, senior management, regulators and audit staff
Ability to manage complexity, effectively prioritize multiple tasks and work independently in non-routine situations and in a fast-paced environment
Strong communication, interpersonal and leadership abilities across all levels coupled with effective problem solving, conceptual thinking, quantitative and analytical skills
Deep knowledge and understanding of the European regulatory environment applicable to financial institutions and proven ability to research, interpret and apply regulatory requirements
A very high degree of professionalism, professional curiosity and skepticism, leadership and proficient organizational, analytical and project management skills
Strong knowledge about the industry and its developments
Fluency in English is a must - written and spoken
Education & Preferred Qualifications
15+ years Audit experience and/or compliance/risk management in the financial industry with increasing responsibilities, including at least 10 years of managerial experience. Specific experience in either auditing custody, fund administration, depositary, transfer agent and international audit experience will be an advantage.
University degree in economics, statistics, business administration or related field.
Professional audit certifications preferred; a CPA, CIA or CISA is preferred.
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.
What we offer Wide range of benefits, including:
Hybrid work arrangement and flexible working time
Participation in annual bonus program
Pension plan offering
Company car or company car allowance
Gold private healthcare package
Wellbeing & health programs (anonymous Employee Assistance Program, PME Family Service, trainings)
Group accident insurance
Regular performance reviews and structured performance management
Mentoring program
Personal development possibilities and extensive web based training catalogue
Free language classes
Global Inclusion, Global Outreach and Corporate Citizenship programs
Dynamic, diverse, international, and multicultural working environment with English company language
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 flexible 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.
