Who we are looking for

We are looking for a Business / Operational Auditor, Intern to join the Enterprise Risk Management (ERM) Audit Team. Within Corporate Audit, the ERM audit team focuses on evaluating the design and operating effectiveness of the firm’s risk governance framework, risk identification and assessment processes, and alignment with regulatory and supervisory expectations. In this role, you will participate as a member of dedicated audit project teams and be directly responsible for carrying out various audit execution tasks that include process and control walkthroughs, operational design assessment and operational execution testing. You will work closely with the audit project lead, fellow audit team members and with business stakeholders across the first and second lines of defense. This role is based out of Boston, Massachusetts.

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 strive for cutting-edge solutions that are straightforward and scalable. Additionally, you will help us build resilience and execute day-to-day deliverables at our best. Join us if you are up for the challenge of making your mark in the financial services industry from day one.

What you will be responsible for

As a Business / Operational Auditor, Intern you will

• Perform audit work in line with the Division’s risk-based methodology and the Institute of Internal Auditor’s standards to identify and understand risk; determine control objectives; and evaluate whether controls sufficiently address identified risks through various testing techniques.

• Obtain and analyze evidentiary data as a basis for drafting informed and objective opinions on the adequacy and effectives of controls under review.

• Identify and escalate exceptions / issues to key stakeholders within Corporate Audit and in business areas under review.

• Review corrective actions taken by management to improve deficient conditions.

• Develop and maintain current knowledge of audit industry practices, regulatory environment and industry developments.

What we value

These skills will help you succeed in this role

• A strong work ethic with the ability succeed working independently and as part of a team.

• Ability to clearly demonstrate proficiency in evaluating business processes, identifying inherent risk and testing associated internal controls.

• A high degree of professionalism and proficient organizational, analytical, problem solving and project management skills.

• Excellent communication (written and verbal), interpersonal and presentation skills.

Education & Preferred Qualifications

• Bachelor’s degree, preferable in finance, accounting or related field.

• Audit experience or experience working in complex financial institutions is a plus.

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.

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.

Salary Range:

$41,600 - $65,000 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

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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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.