About the Role
Co-lead workstream on the development of third party contingency planning and testing for extended disruptions
Responsible for monitoring and reporting on the progress of third party contingency planning and testing for extended disruptions, including unmitigated risks
Support Third Party Resiliency team by participating in the Due Diligence Questionnaire (DDQ) secondary review process and evaluating test results to identify potential Third-Party continuity risks and engage with the third parties on continuity matters
Communicate with Engagement Managers, Business, Third-Party Risk Management (TPRM) teams and third parties regarding issues discovered during DDQ reviews.
Assist with creating and/or updating program standards, procedures and reporting third-party contingency planning and testing for extended disruptions
Create training materials and deliver training
Support ERO management to validate that Business Continuity, Operational Resilience, and regulatory requirements are adequately addressed for State Street’s Critical Third Party engagements
Participate in enhanced governance for third party operational risks
Evaluate remediation for issues or weaknesses in the third-party’s resilience capabilities and approve closure
Execute on additional program responsibilities as requested
Requirements
- Bachelor's degree or equivalent
- Minimum 10 years’ Financial Services, Consulting experience a plus
- Project management, analysis and reporting experience beneficial
- Minimum 4 years Third-Party Risk Management and/or Business Continuity experience preferred
- Proven communication, interpersonal, decision-making and negotiation skills
- Proven ability to work effectively with senior management
- Ability to influence and work collaboratively across multiple organizations to reach common goals
- Experience with supervising staff and processes is preferred
- Strong Excel and PowerPoint skills required
About the Company
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.
