State Street
SVP, Head of Audit Digital Transformation Analytics and Innovation
State Street, Boston, MA, United States
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 a related field.
- 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.
Salary Range:
$225,000 – $337,500 Annual