State Street
Mumbai, Maharashtra, India Posted 5d ago
State Street uses third parties to support internal processes and the delivery of products and services to clients. The Third-Party Risk Management Officer will support the effective execution of activities across one or more TPRM lifecycle pillars.
Key Responsibilities
Develop and maintain a strong understanding of State Street’s business lines, products and services, third-party operating model, and TPRM lifecycle requirements
Review and evaluate TPRM SNOW cases, Archer engagement records, assessment records, and supporting documentation
Manage assigned case queues, review and effectively challenge TPRM cases and support business lines in faster onboarding of third party suppliers
Review inherent risk assessments for reasonableness and accuracy, including engagement scope, service description, data access, and technology dependencies
Prepare and distribute due diligence questionnaires and supporting requirements to third-party suppliers or internal service providers
Prepare clear, concise, and audit-ready executive summaries that communicate engagement scope and due diligence results
Requirements
Overall professional experience of 10 or more years, preferably within banking, financial services, risk management, compliance, procurement, audit, controls, or a related field
Strong knowledge of third-party risk management principles, lifecycle activities, and governance requirements within a regulated financial-services environment
Strong analytical and critical-thinking skills
Excellent written and verbal communication skills
Strong proficiency in Microsoft Word, PowerPoint, Excel, and related reporting tools
Preferred Qualifications
Working knowledge of Archer or a comparable governance, risk, and compliance platform