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

Who we are looking for

The successful individual will be part of the SSBI Outsourcing Office, which was established in 2018 to define a consistent operating model across SSBI’s outsourcing activities, develop a corresponding outsourcing framework and a commensurate oversight model. The Outsourcing Office is part of the Bank’s First Line of Defense (FLOD) organization and reports into SSBI’s Chief Administrative Office. The team covers all outsourcing activities and outsourcing proposals for SSBI - including its domestic and foreign branches. As a full member of this team, the successful candidate will support the SSBI Outsourcing Office in its core responsibilities to (a) manage and develop the framework (including the corresponding controls and monitoring processes) and (b) to maintain a full documentation set for all outsourcing engagements. The incumbent will also support SSBI Business Units in their respective responsibilities to comply with internal and statutory outsourcing requirements.

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 Senior Specialist you will

  • Support the SSBI Outsourcing Office
  • Support the development and maintenance of the EMEA Outsourcing Policy and the SSBI Outsourcing Standard
  • Take ownership in implementing the SSBI Outsourcing Framework
  • Maintain the SSBI Outsourcing Inventory
  • Coordinate, review and opine on new and renewed Outsourcing Risk Assessments
  • Work with functional teams across the organization to identify and report risk issues to senior management
  • Provide SSBI wide support of global TPRM program, i.e. maintenance of respective documentation and procurement overviews
  • Lead the coordination of ad-hoc activities, i.e. internal/external audits, CRMT testing, provide customized reporting, Policy and procedure maintenance

What we value

These skills will help you succeed in this role

  • Establish and nurture a culture of ‘Risk Excellence’ within the team, encourage an environment of openness that welcomes effective challenge and supports open discussion
  • Be an FLOD SME responsible for advising BUs and Corporate functions on adherence to the EMEA Outsourcing Policy and the SSBI Outsourcing Standard
  • Maintain the highest standards of conduct and integrity and ensure compliance with accepted industry practice, company policies, statute and regulatory requirements, and hold team members accountable do the same. Meeting regional regulatory expectations on Outsourcing
  • Stay abreast of fast paced developments in State Street’s Outsourcing landscape

Education & Preferred Qualifications

  • 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
  • At least 5 years of experience in roles related to Outsourcing, Third Party Risk Management, Compliance, Risk Management or alike
  • Advanced PC literacy including MS Office applications (Excel, Word, Powerpoint, Outlook), Collaborate/SharePoint
  • Sound knowledge of the EMEA regulatory environment and how it relates to Financial Services and State Street in specific
  • Knowledge of Business Process Modelling and Lean Management will be a strong asset
  • Ability to operate at a senior management level and engage with senior staff from different SSBI locations
  • 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
  • Ensure that the highest level of the Code of Conduct is displayed in his own behavior
  • Excellent organizational and administrative skills
  • Communicate confidently, effectively and clearly in both written and verbal forms
  • Excellent English is a must

We offer

  • Flexible working hours (restricted to the current business need)
  • No Intra-day deadlines
  • Interesting, non-repetitive process
  • Possibility to Work From Home
  • Employee savings plan
  • Premium life insurance package
  • VIP medical package
  • International operating environment
  • Language classes
  • Soft skills training's
  • Technical workshops
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

  • iconAdministration, Analytics & Reporting, Finance & Accounting, Banking
  • iconEnglish
  • iconKraków, małopolskie

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