SVP, Head of Audit Digital Transformation Analytics and Innovation (Finance)

SVP, Head of Audit Digital Transformation Analytics and Innovation

Who we are looking for:

The Senior Vice President (SVP) of Corporate Audit - Digital Transformation, Analytics, and Innovation - is a pivotal leadership role within Corporate Audit. As a direct report to the General Auditor, this executive will spearhead the modernization of audit practices of a Global Systemically Important Bank (GSIB) through the adoption of cutting-edge analytics, advanced technology solutions, and innovative approaches to risk assessment and audit execution. This role requires a strategic thinker with proven success in designing and implementing industry-leading digital transformation, data analytics, and audit methodologies in the banking and financial services. The measures of success are predicated on increasing audit coverage, expanding insights through assurance work and improving department productivity. The SVP of Corporate Audit - Digital Transformation, Analytics, and Innovation will be instrumental in positioning the internal audit department as an industry leader in advanced analytic practices.

What you will also be responsible for:

As Head of Audit Digital Transformation Analytics and Innovation your responsibilities will include:

Strategic Leadership:

• Design and execute a digital transformation plan for the internal audit function.
• Collaborate with executive leadership to enable audit innovation initiatives with the corporate strategy and priorities.
• Act as a thought leader in digital audit practices, fostering a culture of innovation and continuous improvement.

Digital Transformation and Technology Integration:

• Lead the integration of emerging technologies, such as artificial intelligence (AI), machine learning (ML), robotic process automation (RPA), and cloud computing, into audit processes.
• Drive the modernization of legacy audit systems, enabling real-time risk monitoring and enhanced operational efficiency.
• Evaluate and implement third-party technology solutions to support advanced audit capabilities.

Analytics and Innovation:

• Develop advanced data analytics and predictive models to identify trends, mitigate risks, and enhance audit decision-making.
• Oversee the creation of dashboards and data visualization tools to provide actionable insights for auditors and stakeholders.
• Ensure alignment between analytics strategies and regulatory compliance requirements.

Risk Management and Compliance:

• Improve the effectiveness of the corporate audit function by embedding data-driven risk management and compliance tools.
• Identify potential risks related to digital transformation efforts and develop strategies to mitigate them.
• Maintain up-to-date knowledge of regulatory standards, ensuring all audit processes meet compliance requirements.

Team Leadership and Development:

• Build, lead, and mentor a high-performing team of analytics and technology specialists within the audit function.
• Foster cross-functional collaboration across audit, technology, and business units to maximize the impact of digital initiatives.
• Promote diversity, equity, and inclusion in talent acquisition and team culture.

Stakeholder Engagement and Reporting:

• Regularly report on the progress, effectiveness, and impact of digital transformation initiatives to the board of directors, audit committee, and executive leadership.
• Partner with internal and external stakeholders to ensure buy-in for audit innovation initiatives.
• Serve as an ambassador for the Corporate Audit brand with a continuous focus on building collaborative and value-added partnership across the company contributing to the highest standards and positively impacting the stature of the third line of defense.

Qualifications and Skills include:

• Bachelor's degree in Accounting, Finance, Information Technology, or a related field.
• Professional certification or graduate degree in related filed.
• 20+ years of experience in corporate audit, risk management, or technology, with a minimum of 10 years in a senior leadership role of a GSIB.
• Proven expertise in digital transformation, data analytics, and emerging technologies.
• Exceptional leadership, strategic planning, and communication skills with experience presenting to the highest level of executives and the board.
• Ability to manage complex projects in a fast-paced, highly regulated environment with proven impactful results that are industry-leading.

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.

Discover more at StateStreet.com/careers

Salary Range:
$225,000 - $337,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street's Speak Up Line Salary Minimum: 225000Salary Maximum: 337500