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Vendor Governance & Risk Management Officer

State Street

LondonFull TimeMid
Sign in to applyVerified 2h ago
Location
London
Employment
Full Time
Work model
On-Site
Level
Mid
Posted
Sep 2, 2026

About this role

Who We Are

Looking For Global Technology Services (GTS) manages a large and complex portfolio of third-party service providers, managed service arrangements, and intra-company service agreements. The Vendor Performance, Governance and Risk Management function is responsible for ensuring these relationships are governed effectively, aligned to business objectives, managed within risk appetite, and compliant with internal policies, contractual obligations, and regulatory requirements. This role works closely with Technology Delivery teams, Global Procurement Services, Third Party Risk Management (TPRM), Risk, Compliance, Legal, Audit, Finance, and vendor partners. The Officer role provides operational, administrative, and governance support across risk management, outsourcing oversight, Annual Intra-Company IT Recertification, and performance management activities for a global portfolio of technology vendors and managed service providers. The role ensures these processes are managed in a structured, transparent, and auditable manner, with clear ownership of documentation, stakeholder follow-up, meeting coordination, approval tracking, evidence management, and management information reporting. What You Will Be Responsible For Vendor Governance & Oversight Support day-to-day governance and oversight of technology vendors, managed service providers, and outsourcing arrangements. Monitor vendor performance against contractual commitments, SLAs, KPIs, and service improvement plans. Coordinate governance forums, operational reviews, service review meetings, and performance discussions. Maintain vendor governance artifacts, inventories, documentation repositories, and reporting records. Track vendor issues, risks, actions, escalations, and remediation activities through closure. Vendor Risk Management Coordinate Third Party Risk Management (TPRM) activities, including risk assessments, control reviews, due diligence, SOC report reviews, information security assessments, and ongoing monitoring. Track risk findings, mitigation plans, remediation activities, and compliance obligations. Support adherence to regulatory, jurisdictional, legal entity, and outsourcing requirements. Assist with audit, compliance, regulatory, and risk review activities by gathering evidence and governance documentation. Escalate material risks, control gaps, performance concerns, and compliance issues as appropriate. Contract & Commercial Governance Support governance of vendor contracts, statements of work (SOWs), amendments, and change requests. Monitor compliance with contractual obligations and governance requirements. Assist with vendor renewal activities, onboarding, transitions, and offboarding processes. Support financial governance activities, including tracking spend, invoicing oversight, and vendor performance reporting where applicable. Ensure SLA reporting aligns with contractual commitments and supports service excellence objectives. Reporting, Data & Process Improvement Support the production of governance dashboards, scorecards, management information reports, and risk metrics. Maintain accuracy of vendor inventories, risk registers, action logs, and governance reporting. Identify opportunities to improve governance processes, increase automation, enhance controls, and simplify workflows. Support continuous improvement initiatives focused on operational efficiency, data quality, and governance effectiveness. Annual Intra-Company Agreements (ICA) Recertification Support completion of annual recertification milestones and associated governance activities. Maintain accurate tracking of actions, approvals, documentation updates, and outstanding items. Coordinate stakeholder communications and ensure review cycles are completed within agreed timelines. Maintain audit-ready records, version control, approval evidence, and executed agreement registers. Support management reporting, status updates, and escalation of overdue actions.

What We Value

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Vendor Governance & Risk Management Officer at State Street, London | Yoinka