Outsourcing Oversight

About the role:
 

The individual will provide outsourcing oversight support to Ireland legal entities.

The role may be performed in a hybrid model (2-3 days from the office) in Polish business hours (9 AM - 5 PM).
 

As an Outsourcing Oversight & Reporting Specialist, Senior Associate you will:

• Contribute towards the production of regular MI reporting for governance forums
• Run and support design of reports needed to facilitate the ongoing monitoring of policy adherence by the relevant State Street legal entities
• Support maintenance of Excel and/or SharePoint-based registers
• Prepare materials and meeting minutes to support a range of outsourcing governance sessions
• Monitor and respond to incoming email queries
• Execute controls testing as defined by management
• Liaise with Outsourcing Oversight Managers (OEMs) and other stakeholders provide guidance and advice to ensure their outsourcing arrangements are aligned with business needs and consolidate status updates for inclusion in reports and governance forums.
• Work with cross-functional teams to identify risk issues to senior management
• Support management in the design and implementation of change projects when required
• Drive the objectives of the department in delivering a service to State Street Ireland

Must have:

• Ability to analyze and present data in excel spreadsheets including creating pivot tables and vlookups and use of macros
• Experience in maintaining the highest standards of conduct and integrity and ensure compliance with accepted industry practice, company policies, statute and regulatory requirements, and hold team members
• Analytical skills: the candidate should be able to take a step back from the available data and look holistically at the risks impacting the service delivery with the ability to âconnect the dotsâ and form an articulated resilience risk opinion
• Communicate confidently, effectively and clearly in both written and verbal forms in English
• Ability to develop effective working relationships and communications with key stakeholders such as Compliance, ERM and Business Units
• At least 3 years of experience in roles related to Outsourcing, Third Party Risk Management, Compliance, Risk Management
• Advanced PC literacy including MS Office applications (Excel, Word, PowerPoint, SharePoint, Outlook)
   

Nice to have

• Sound knowledge of the EMEA regulatory environment and how it relates to Financial Services and State Street in specific
• Demonstrate commitment to Integrity and Ethical Values and Strengthen Risk Management Culture
• Knowledge of numerous changes in State Street outsourcing landscape
• Ability to prioritize, while ensuring all assigned tasks are seen through to completion
   

We offer

• Permanent contract of employment from day one
• Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
• Gold medical package for employees and their families (partner and children)
• Premium life insurance package and private pension plan
• Employee savings plan
• Multisport Card
• Wide range of soft skills training, technical workshops, language classes and development programs
• Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
• Variety of well-being programs
• Technical or leadership career pathway

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 donât 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.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation weâre making our mark on the financial services industry. For more than two centuries, weâve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. Youâll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employeesâ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.