Job Description:
The Central Testing team performs evaluation and operational effectiveness testing of internal controls on behalf of the First Line of Defence for all business lines and locations of State Street to support Business Risk Management (BRM) in assessing and continuously improving the bank’s control environment. This role is to evaluate and test internal controls and apply risk-based assurance skills to business units globally on behalf of the BRM team.
The ideal candidate has some experience in a Big4 or large/ multinational financial services company performing work in a general risk management or control and process assessment environment (e.g. SOX, SOC, Internal Audit). They will ideally possess a good working knowledge and experience in performing walkthroughs and employing common control testing concepts, such as population identification and sampling, performing and documenting testing, identifying exceptions and the respective root causes as well as presenting issues to applicable parties.
Requirements
• 2 to 4 years of experience in performing risk and control assessment, audit, or testing.
• Experience of assessing the design and operating effectiveness of controls to ensure compliance with relevant regulatory requirements and corporate policy and procedures.
• Good verbal and written communication skills in English to interact and maintain relationships with internal stakeholders including at relatively senior levels.
• Strong organizational and time management skills; ability to perform multiple simultaneous tasks independently in a deadline-driven environment as well as to manage own time in order to meet deadlines.
• Self-motivated and adaptable professional with the ability to prioritize competing priorities while meeting deadlines.
• Intellectual curiosity, analytical and critical thinking skills and an enthusiasm for learning and for developing skills.
• Proficiency in Microsoft Office suite (Word, Excel, Outlook). Beneficial but not essential:
• Complete or partial professional qualification in an audit or related field (e.g. ACCA, ACA, CIA, CFA etc).
• Some familiarity with common risk and control processes and aspects of securities trading, asset management, custody banking, or fund services.
• Some knowledge and awareness of relevant compliance requirements and fundamental regulations (eg. AML/CFT, legal entity governance, etc). • Experience with any large GRC systems useful.
Beneficial but not essential:
Some familiarity with common risk and control processes and aspects of securities trading, asset management, custody banking, or fund services.
Complete or partial professional qualification in an audit or related field (e.g. ACCA, ACA, CIA, CFA etc).
Some knowledge and awareness of relevant compliance requirements and fundamental regulations (eg. AML/CFT, legal entity governance, etc).
Experience with any large GRC systems useful.
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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Skills Required
- 2 to 4 years of experience in risk and control assessment, audit, or testing
- Experience assessing design and operating effectiveness of controls for regulatory and policy compliance (e.g., SOX, SOC)
- Experience performing walkthroughs, population identification, sampling, testing documentation, identifying exceptions and root cause analysis, and presenting issues
- Good verbal and written communication skills in English to interact with internal stakeholders, including senior levels
- Strong organizational and time management skills; ability to manage multiple tasks and meet deadlines independently
- Self-motivated, adaptable, able to prioritize competing priorities
- Intellectual curiosity, analytical and critical thinking, enthusiasm for learning and development
- Proficiency in Microsoft Office suite (Word, Excel, Outlook)
- Experience in Big4 or large/multinational financial services performing risk/control assessments (SOX, SOC, Internal Audit)
- Complete or partial professional qualification in audit or related field (ACCA, ACA, CIA, CFA)
- Familiarity with securities trading, asset management, custody banking, or fund services
- Knowledge of compliance requirements and fundamental regulations (e.g., AML/CFT, legal entity governance)
- Experience with large GRC systems
State Street Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about State Street and has not been reviewed or approved by State Street.
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Retirement Support — Retirement support is framed as a standout component, highlighted by a 401(k) match described as 100% on the first 6% of base salary. This is positioned as a meaningful offset to less competitive cash compensation for some roles.
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Leave & Time Off Breadth — Leave and time off are portrayed as relatively robust, with references to multi-week vacation, paid holidays, sick time, and additional days tied to wellness or volunteering. This breadth is repeatedly treated as a tangible part of total rewards beyond base pay.
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Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle benefits are presented as extensive, including the BeWell program, fitness discounts, onsite or supported health resources, and financial counseling. These offerings are depicted as strengthening the overall benefits proposition even when pay satisfaction is tepid.
State Street Insights
What We Do
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future
