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Who we are looking for The individual will be part of the EMEA Outsourcing Office, which was established in January 2018 to drive consistency in the outsourcing model, framework and oversight for all EMEA legal entities and new outsourcing proposals. The office will be primarily tasked with reducing fragmentation and building consistency for EMEA entities covering JVs and inter-State Street outsourcing arrangements.
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. 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. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for As Outsourcing Oversight Specialist you will be responsible for:
Implementation of an Outsourcing framework to support the EMEA Outsourcing Policy
Tracking the progress to the Outsourcing Office book of work and report to the Line Manager on progress or obstacles
Escalation of any issues to line manager
Maintenance of the EMEA Outsourcing Inventory
Business controls testing over EMEA outsourcing Inventory and outsourcing framework
Become a FLOD SME responsible for advising BUs and Centralized functions on adherence to the EMEA Outsourcing Policy
Engagement with Regional Outsourcing Leads across the region to provide guidance and advice to ensure their outsourcing arrangements are aligned with business needs and that business needs are met
Review and opine on new Outsourcing proposal submissions
Work with cross-functional teams to identify risk issues to senior management
Preparation of presentation material and participation in the EMEA Outsourcing Working Group
Analysis of audit related items as they pertain to Outsourcing to identify areas of risk and propose solutions
Implementation of a regulatory guidelines and requirements into State Street Outsourcing Framework
Driving the objectives of the department in delivering a service to State Street EMEA and other contracting offices.
What we value These skills will help you succeed in this role
Demonstrate commitment to Integrity and Ethical Values and Strengthen Risk Management Culture
Develop effective working relationships and communications with key stakeholders such as Compliance, ERM and Business Units
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 "connect the dots" and form an articulated resilience risk opinion
Ability to prioritize, while ensuring all assigned tasks are seen through to completion
Communicate confidently, effectively and clearly in both written and verbal forms
Education & Preferred Qualifications
At least 3 years of experience in roles related to Outsourcing, AML/KYC, Compliance, Risk Management
Excellent English is a must
Advanced PC literacy including MS Office applications (Excel, Word, Access, Powerpoint, Outlook), Collaborate/SharePoint
Employee savings plan
Premium life insurance package
VIP medical package
International operating environment
Soft skills trainings
Development sessions with a mentor
Diversity of opportunities across a range of challenging and highly complex activities
Technical or leadership career pathway
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, we're making our mark on the financial services industry. For more than two centuries, we've 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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs 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 employees' diverse backgrounds, experiences and perspectives 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 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 programs 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. Discover more at StateStreet.com/careers