Third Party Risk Management (TPRM) is responsible for providing Enterprise wide services, including an operating model, policies, procedures, governance and oversight programs for all regions and countries where State Street Corporation conducts business.
The TPRM program has been established to respond to, and adhere to, new and existing regulatory guidelines and initiatives enabling State Street to effectively assess and manage the risk introduced by engaging with third parties during the course of executing business activities.
This job opening is specifically related to TPRM, operating under minimal supervision with latitude for independent judgment.
Basic Purpose and Responsibilities
The selected qualified candidate will provide operational support and assess process and technology improvement opportunities to maximize productivity for the global TPRM Vendor Operations team.
Specific responsibilities include :
Act as a regional SME providing operational support for the global Vendor Operations team
Provide support in the execution of any new TPRM program components in EMEA in-line with regulatory requirements
Provide support in the implementation and execution of the TPRM Framework and supporting technology
Document and assist with issues and risks as they arise
Interface with key stakeholders across the organization; ensures service quality and customer satisfaction
Influence recommendations to key stakeholders through strong negotiation, written and verbal communication
Engage with business leaders in the region to ensure third party risk management Programme strategy and business needs are understood by providing direction related to the TPRM global operating model and Programme framework
Design / redesign the vendor risk reporting and prepare data analytics pertaining to the TPRM Program, to suit the regional needs.
Support regulatory and audit requests and meetings related to TPRM across EMEA
Participate in working groups among Business Units, Corporate Teams and First, Second and Third Line of Defense teams.
Serves as an advocate and change agent, and persuades and influences courageously at all levels of the organization
Communicates recommendations to management / senior business leaders through effective written and verbal communication
Engages business leads and peers, interfaces with senior leaders across the organization; ensures service quality and customer satisfaction
Anticipates internal client needs, investigates the underlying causes and identifies short- and long-term solutions
Anticipates internal client business issues and developments in own discipline; uses knowledge to focus work and drive improvements
Anticipates patterns and links; looks beyond the immediate problem to the wider implications; generates new solutions to complex problems
Strong leadership skills, demonstrated record of achieving goals. Confident ability to drive tasks through to completion
Strong interpersonal, communication, facilitation, presentation and negotiation skills
Ability to create executive level presentations
Results oriented ownership mentality
Self-motivated, self-assured, and self-managed
Track record of taking and promoting accountability across teams
Fluent in English
University degree, MBA a plus
Proven related financial services experience, risk & regulatory related experience
Experience working on large, cross department business and technology programs
8+ years of experience gained in Third Party / Compliance / Risk Management Operations areas gained in a financial industry
Knowledge of EMEA Third Party / Outsourcing regulations a plus