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Third Party Resiliency - Assistant Vice President

AT State Street
State Street

Third Party Resiliency - Assistant Vice President

Bangalore, India

Role Summary & Role Description:

Enterprise Resiliency Office (ERO) develops and oversees a global program that governs the business in the creation of effective and risk appropriate resiliency solutions including continuity and recovery solutions to support the continuation of critical processing and servicing of our clients. The ERO Third Party Resiliency Assistant Vice President (AVP) reports to Third Party Resiliency management and is responsible for supporting the alignment of State Street's Critical Third Parties (CTPSPs) to the corporate-wide operational resilience and business continuity programs. This individual will serve as a liaison between ERO, Third Party Risk Management (TPRM), Engagement Managers and Business Continuity teams on Third-Party related matters.

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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. In your role you will help us build a more resilient organization and execute day to day deliverables at our best.
What you will be responsible for

As a Third-Party Resiliency AVP you will:

  • Perform Third-Party Verification by analyzing Due Diligence Questionnaires (DDQs) and collecting test results to identify potential Third-Party resiliency risks
  • Provide leadership to the team by supervising and overseeing the Due Diligence Questionnaire (DDQ) review process
  • Engage with the Third-Parties on resiliency matters
  • Assist with creating and/or updating program Standards, Procedures and reporting
  • Monitor, track and report on Third-Party due diligence and testing
  • Support ERO management to validate that Business Continuity, Operational Resilience, and regulatory requirements are adequately addressed for State Street's CTPSP (Critical Third Party Service Providers) engagements
  • Prepare reporting and ensure it is complete and accurate
  • Communicate with the business about Third-Party testing requirements, obtain and enter test results in the continuity management system
  • Identify any known issues or weaknesses in the Third-Party's resilience capabilities, open findings, and approve remediation
  • Execute on additional program responsibilities as requested

What we value:

  • These skills will help you succeed in this role:
  • Strong business and data analysis capabilities
  • Strong attention to detail
  • Strong verbal and written communication skills
  • Strong organizational skills and the ability to multi-task, drive results, and meet deadlines

Education & Preferred Qualifications:

  • Bachelor's degree or equivalent required
  • Minimum relevant industry experice of 12-14 years
  • 4+ years Third-Party Risk Management and/or Resiliency/Business Continuity experience preferred
  • 4+ years related industry experience a plus
  • Professional Third-Party/Business Continuity certification preferred
  • Project Management, analysis and reporting experience beneficial
  • Experience with supervising staff and processes is preferred
  • Strong Excel and PowerPoint skills required

Core/Must have skills:

  • Third-Party Risk Management and/or Resiliency/Business Continuity experience
  • Project Management, analysis and reporting experience
  • Strong Excel and PowerPoint skills required

Good to have skills:

  • Professional Third-Party/Business Continuity certification
  • Experience with supervising staff and processes

Work Schedule: Hybrid - 4 Days a week in Office

Why this role is important to us:

Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We're driving the company's digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.

We offer a collaborative environment where technology skills and innovation are valued in a global organization. We're looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.

Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

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

State Street's Speak Up Line

Client-provided location(s): Bengaluru, Karnataka, India; Hyderabad, Telangana, India
Job ID: StateStreet-R-764279
Employment Type: Full Time