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State Street Bank
State Street Bank
location iconLocations: Kraków
level iconLevel: specialist
Outsourcing Oversight Specialist, Senior Associate
Location: Kraków

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

We offer

  • Employee savings plan

  • Premium life insurance package

  • VIP medical package

  • International operating environment

  • Language classes

  • Soft skills trainings

  • Technical workshops

  • 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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll 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 employees’ 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.

Details

  • iconBanking
  • iconEnglish
  • iconKraków, małopolskie

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