Head of Audit Methodology Vice President

2 weeks ago


Old Toronto, Canada State Street Full time

About the Role

We're seeking a highly skilled and experienced professional to join our team as a Head of Audit Methodology, Vice President. As a key member of our internal audit team, you will play a critical role in maintaining and enhancing our audit methodology and governance framework.

Key Responsibilities

In this role, you will be responsible for:

  • Maintaining and updating our audit methodology and associated governance documents, procedures, and templates.
  • Developing and facilitating training courses to communicate new or revised audit methodology concepts, tools, and techniques to the department.
  • Serving as the department's audit methodology subject matter expert, providing guidance and advice to audit teams in unique or complex situations.
  • Staying up-to-date with industry trends, regulatory changes, and best practices to identify opportunities for methodology enhancements.
  • Collaborating with first and second-line assurance teams to share best practices, understand assurance activities, and align on risk and control processes.
  • Representing the methodology function on the M7 Working Group, providing input on system requirements to ensure alignment with audit methodology needs.
  • Leading the Department Methodology Steward program, coordinating activities and deliverables of the group, including new hire corporate audit methodology workshops.
  • Coordinating with the Department Quality Assurance function to stay aware of QA themes and trends, incorporating updates into methodology to promote consistent quality and conformance with IIA standards.

Requirements and Qualifications

To be successful in this role, you will need:

  • At least 10 years of experience in a related role with internal audit production, methodology, and/or internal audit quality assurance experience.
  • A bachelor's degree in finance, accounting, or a related field, with an advanced degree or certification (CFA, FRM, CPA, CIA) preferred.
  • Knowledge of and experience with internal audit standards and related regulatory requirements (IIA, FRB SR13-1, CIIA, etc.).
  • Proficiency in English is required, with knowledge of other languages an advantage.

About State Street

State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients. We're committed to making a positive impact on our clients, our communities, and the world at large.



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