Corporate Audit’s Integrated Audit team is responsible for engagements that focus on business risk and related application technology. Team members work with business auditors to understand business risks and related application controls such as interface controls, logical access controls, and input/processing/output controls. The main objective of an integrated audit is to assess the design and operating effectiveness of manual and automated internal controls that mitigate both business and IT related risks.
A collaborative approach is followed, with business and IT team audit members jointly conducting the majority of internal and client-facing planning, control assessment, testing and reporting activities.
The Integrated Audit team is also responsible for Application Pre-Implementation Reviews.
Information Technology Audit Manager, Integrated Audit Team, Assistant Vice President Corporate Audit is seeking a well-rounded and versatile individual, who will manage assessment procedures and testing for integrated audits. Application controls subject to testing will be determined during the risk and controls assessment phase of the audit and will most likely include:
Application parameters, settings, edit checks, scripts, mappings, etc.
Application access to sensitive application transactions and shared directories
Management, Edit, and Exception Reports
Draft audit reports to clearly communicate, control gaps, and opportunities for operational improvements.
Participates in system and business process development projects with strategic corporate significance; provides input on operational and technological risk issues.
He/she is proficient at staying abreast of technical matters and efficiently and effectively applying applicable new developments in their technical field to internal audits or projects.
This position requires a proactive client focus in order to help prevent control breakdowns.
Supervise staff members and perform full project management on audits. Prepare and discuss written staff performance evaluations after each assignment.
Skills and Qualifications
Bachelor’s Degree in Management Information Systems, Computer Information Systems, Computer Security, Information Assurance, Computer Science or related technology degree preferred.
CISA, CPA, CIA or other applicable certification preferred.
Must have CISA or be willing to take the CISA exam within 1 year.
Five (plus years) of experience in Public Accounting, IT Audit, Consulting, or Business Process Engineering preferred.
Experience specializing in applications technology, audit, risk and control.
Motivated self-starter and intellectual curiosity.
Experience in utilizing Computer-Assisted Audit Techniques (CAATS) for testing preferred.
Experience in the following areas is desirable: Financial Services processes and technology, Oracle E-Business Suite, Database Technology, Technical application background.
Knowledge of COSO, AICPA, COBIT, Sarbanes-Oxley and SSAE16 standards and laws and regulations applicable to the assigned area of responsibility.
Experience in utilizing a risk-based audit approach
Ability to establish an environment conducive to continuous innovation
Ability to coordinate and interact positively with other teams in the audit department.
Excellent analytical, written communication, interpersonal, organizational and presentation skills.
Detail and deadline oriented.
Ability to multi-task in a fast paced environment.
Potential for 15% domestic and / or international travel.
State Street Corporation
State Street Corporation, (NYSE: STT), Boston, MA, is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $21.527 trillion in assets under custody and administration and $2.01 trillion in assets under management at December 31, 2010, State Street oper...ates in 26 countries and more than 100 geographic markets and employs 28,670 worldwide.
For more information, visit State Street’s web site at www.statestreet.com
Our Boston, Massachusetts office is currently recruiting for:
IT Audit Manager
IT Audit Senior
To view all of State Street Career opportunities please visit
State Street’s Businesses:
Global Services, Investment Management (SSgA) and Global Markets (SSGM).
State Street Global Services provides asset owners and managers with a wide range of support, from core custody, accounting and fund administration to complete servicing for complex alternative assets like OTC derivatives and private equity. We also deliver innovative performance measurement and analytics tools, giving our customers the information they need to make better-informed decisions
Global Services business provides services for U.S. mutual funds, collective funds worldwide, corporate and public retirement plans, insurance companies, foundations, endowments, and other investment pools. Its products include custody, accounting, daily pricing, and administration; master trust and master custody; recordkeeping; foreign exchange and trading services; securities lending; deposit and short-term investment facilities; loans and lease financing; investment and hedge fund manager operations outsourcing; and performance, risk, and compliance analytics to support institutional investors.
State Street Global Advisors (SSgA) is a global leader in providing investment management services to institutional investors worldwide. Our diverse client base within the institutional, sub-advised and intermediary marketplaces includes corporations, public funds, endowments and foundations and third-party distributors. We have been providing investment management services for nearly three decades and today manage hundreds of investment strategies across all asset classes and across the risk spectrum for more than 2,900 institutional clients.
State Street Global Markets (SSGM) provides specialized investment research and trading in foreign exchange, equities, fixed income and derivatives. From our unique position at the crossroads of the global markets, we create and unlock value for our clients with original flow-based research, innovative portfolio strategies, trade process optimization, and global connectivity across multiple asset classes and markets.