16 Oct
|
State Street
|
Toronto
16 Oct
State Street
Toronto
Who We’re Looking ForWe’re seeking a Vice President with strong experience in financial risk, controls, and regulatory expectations — not necessarily a traditional auditor, but someone who understands how financial risks are measured, governed, and controlled across a global financial institution. You bring depth in Market, Credit (including Trading Credit), Interest Rate, and Liquidity Risk, and can translate that knowledge into meaningful assurance, effective challenge, and transparent communication with senior leaders. You’re analytical, collaborative, and comfortable leading complex reviews in a fast‑paced environment.Why This Role MattersFinancial risks are central to the firm’s safety, soundness, and regulatory credibility. This role provides independent assurance over the frameworks, controls, and governance that manage these risks across the enterprise. Your work strengthens the firm’s risk posture, supports regulatory expectations, and helps ensure the organization operates with transparency, discipline, and resilience. You will influence senior stakeholders, contribute to enterprise‑wide risk governance, and help mature the Corporate Audit function.What You Will Be Responsible ForAudit & Assurance LeadershipLead risk‑based reviews of Market, Credit (including Trading Credit), Interest Rate, and Liquidity Risk processes, including planning, scoping, testing, issue evaluation,
and reporting.Review and approve audit workpapers and deliverables to ensure conclusions are well‑supported and aligned with internal standards and regulatory expectations.Prepare clear audit reports, findings, and management communications for senior and executive leadership.Risk & Regulatory InsightConduct detailed financial risk assessments that incorporate emerging risks, regulatory developments, strategic initiatives, and control effectiveness.Provide insight into evolving regulatory expectations and support interactions with regulators.Stay current on industry trends and apply new developments to audit planning and execution.Stakeholder Engagement & InfluenceBuild strong partnerships with senior leaders across Financial Risk and the lines of defense, identifying control gaps and emerging risks.Participate in business and risk committees as a non‑voting member, offering constructive challenge and balanced perspectives.Ensure audit coverage reflects changes in risk measurement practices, governance frameworks, and regulatory standards.Escalate issues appropriately and collaborate with stakeholders to develop sustainable control improvements.Leadership & Team DevelopmentManage, coach, and develop audit staff; contribute to talent management, performance evaluation, and hiring.Support departmental initiatives that enhance audit methodology, reporting, and operational effectiveness.Qualifications & Skills:10+ years of experience in Internal Audit, Risk Management, Financial Risk, or related control functions within financial services (custody
📌 Financial Risk Audit Manager, Vice President (Toronto)
🏢 State Street
📍 Toronto