SOC Compliance Reporting Lead

2 weeks ago


Quincy, Massachusetts, United States State Street Full time

Job Overview

This hybrid-work position is tasked with overseeing a segment of State Street's diverse SOC 1 and SOC 2 reports, which encompass various domains such as Transfer Agency, Fund Accounting, Custody, Private Markets, Information Technology, Global Markets, and State Street Alpha, primarily focusing on the European and North American regions.

The SOC Project Management Office (PMO) Audit Manager plays a crucial role in directing the planning, execution, and reporting of multiple SOC reports concurrently. Key responsibilities include:

  • Engaging in status meetings and collaborating with external audit firms while partnering with business unit leadership and Business Risk Management teams to meet project objectives;
  • Advising business unit leaders to proactively assess scope modifications to SOC reports in response to shifts in organizational structure, product lines, and technological advancements;
  • Evaluating SOC report drafts and suggesting amendments in accordance with AICPA standards, focusing on updates to existing controls, the quality of descriptions, and the relevance of content;
  • Offering guidance and constructive feedback to business unit management to address control discrepancies, identify common deviation themes, and formulate remediation strategies as needed;
  • Addressing inquiries related to SOC reports, due diligence questionnaires, and RFPs through appropriate communication channels;
  • Participating in client presentations, either in-person or virtually, as required;
  • Contributing to various strategic initiatives and projects within the SOC PMO as assigned.

Job Requirements:

  • A Bachelor's degree is mandatory;
  • The ideal candidate should possess over seven years of auditing experience in public accounting or internal audit, with a focus on Information Technology;
  • Professional certifications such as CPA, CIA, or CISA are advantageous;
  • Preferred experience includes sectors such as Financial Services, Banking, and/or Insurance;
  • Strong analytical, client service, time management, and communication skills are essential;
  • Ability to manage multiple tasks and projects in a dynamic environment;
  • Proficiency in assessing and testing internal controls;
  • A demonstrated self-starter capable of managing long-term projects;
  • Attention to deadlines and detail is crucial.

Compensation Range:

$80,000 - $132,500 Annual

The stated range pertains to the role in the primary location specified. Variations may apply if the candidate works outside of this primary location.



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