SSBI- Markets Outsourcing Officer
Who we are looking for
As part of SSBI Chief Administration Officer team for State Street Markets, this position will be responsible for assisting in overseeing the administration of this business structure, especially in relation to SSBI Outsourcing requirements. The primarily responsibility of this role is to provide administrative support to the Business when it comes to Outsourcing Oversight across various Markets business areas in SSBI.
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.
Why this role is important to us
The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world’s institutional investors, we deliver the industry’s most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients’ investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success.
What you will be responsible for
As an Outsourcing Officer, you will:
- Act as a Subject Matter Expert (SME) for Outsourcing topics for State Street Markets team in SSBI. This includes regular touchpoints with the SSBI Outsourcing Office, Compliance, etc and acting as a main point of contact for Outsourcing questions across all Markets business areas in SSBI
- Provide Outsourcing related training to State Street Markets Business in SSBI (training on Outsourcing Policy and Standard updates, regulatory updates, etc.)
- Assist the Business with administrative tasks in relation to Outsourcing topics (monitoring & testing conducted by Outsourcing Office, Internal / External Auditors’ reviews, etc)
- Administer SSBI Markets evidence related to Outsourcing (e.g. SLAs, meeting minutes, meeting decks, Outsourcing procedures)
- Perform checks aimed at ensuring quality and compliance of SSBI Markets with Outsourcing requirements
- Maintain State Street Markets outsourcing inventory for SSBI
- Follow up on action items in relation to issues and incidents related to Outsourcing governance
- There will also be an opportunity to get involved in wider business initiatives for State Street Markets in SSBI and the role will provide good exposure to SSBI Markets, Business Risk Management, Compliance, etc.
What we value
These skills will help you succeed in this role
- Excellent analytical skills, fast learner, ability to identify challenges and propose solutions
- High degree of pragmatism with a solution-oriented approach
- Strong team player – able & interested in working in an international environment
- Proven ability to work under pressure and independently
- Ability to act with a sense of urgency for completing and following through on tasks; resolves challenges in a timely manner
- Ability to hold others accountable for delivery and follow through on commitments
- Excellent verbal/written communication skills, and interpersonal skills
Education & Preferred Qualifications
- At least 2 years of work experience in banking, trading or asset management
- Proficient in PowerPoint, Excel, MS Project
- Proficiency in English (oral & written)
Additional requirements
- Regulatory knowledge around EBA guidelines on outsourcing arrangements is preferred but not mandatory
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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.
End Date: July 31, 2025
For further information, and to apply, please visit our website via the “Apply” button below.
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