IT Vendor Management - Emerging Lead

State Street; Maharashtra; Hybrid; INR 900,000 - 1,200,000; Full time

Job summary

State Street is seeking a Senior Associate – IT Vendor Governance to drive governance, oversight, and data-driven reporting for IT outsourcing arrangements. You will coordinate with vendors, IT teams, risk, compliance, and procurement to maintain governance artifacts and dashboards.

The role focuses on governance data management, process improvement, and ensuring adherence to policy standards while supporting lifecycle activities from onboarding to offboarding of IT vendors.

Qualifications

• Degree level qualification in Technology/Business or other relevant subject with 3-5 years in IT/Non IT Vendor Management, IT/Non IT Governance, Outsourcing Management, Third‑Party Management, or related technology governance/operations.
• Ability to manage multiple tasks and meet deadlines in a structured environment.
• Experience in regulated financial services, banking, or large enterprise environment with exposure to internal controls and audit expectations.
• Demonstrated ability to follow standardized, repeatable governance processes consistently and accurately.
• Proficiency in Microsoft Office tools (Excel, PowerPoint, Word, Outlook, Power BI, SharePoint) for reporting, governance tracking, and documentation.

Responsibilities

• Support execution of IT vendor governance activities in line with established policies, standards, and operating procedures.
• Assist in onboarding, periodic reviews, renewals, and offboarding of IT vendors.
• Maintain accurate vendor records, governance artifacts, and documentation repositories.
• Act as a coordination point between vendors, internal IT teams, risk, compliance, and procurement functions.
• Support governance forums, meetings, and reviews by preparing dashboards, presentations, and minutes of meetings.
• Track actions and commitments arising from governance reviews.
• Data, Reporting & Continuous Improvement: Prepare periodic vendor governance dashboards, scorecards, and MIS reports.
• Ensure data accuracy across vendor inventories, risk trackers, and performance metrics.
• Identify opportunities to improve governance processes, automation, and reporting efficiency.
• Contract & Commercial Governance: Assist with tracking contractual obligations, SLAs, KPIs, and compliance metrics.
• Support review of SOWs, change requests, and governance clauses from a policy-alignment perspective.
• Monitor SLA performance data and escape deviations as required.
• Risk & Compliance Support: Coordinate vendor risk assessments (e.g., TPRM, SOC reports, information security reviews).
• Track risk findings, remediation actions, and follow-ups with vendors and internal stakeholders.
• Support audit and regulatory requests by compiling evidence and governance documentation.

Skills

IT vendor management

Outsourcing models

Third‑party risk concepts

Attention to detail

Documentation discipline

Stakeholder liaison

Communication skills

Education

Degree in Technology/Business or related subject

Tools

Microsoft Office tools (Excel, PowerPoint, Word, Outlook, Power BI, SharePoint)

Job description

Who We Are Looking For

Global Technology Services (GTS) owns the management of a large and complex set of outsourcing arrangements. These arrangements include relationships with third‑party service providers as well as internal agreements across legal entities and business lines.

Who We Are Looking For

Global Technology Services (GTS) owns the management of a large and complex set of outsourcing arrangements. These arrangements include relationships with third‑party service providers as well as internal agreements across legal entities and business lines.

The IT Vendor Performance and Outsourcing Management (VPOM) team is established within GTS to:

• Provide centralized oversight and administration of outsourcing activities
• Support effective and consistent management of IT outsourcing arrangements

The team works closely with IT delivery and relationship management functions, as well as with Global Procurement Services, Third Party Risk Management (TPRM), Legal, and Finance.

The Senior Associate – IT Vendor Governance supports the execution of vendor governance processes across IT vendors, ensuring compliance with enterprise policies, contractual standards, and regulatory expectations. The role focuses on operational governance activities, vendor risk data management, reporting, and stakeholder coordination under guidance from senior governance leads.

What You Will Be Responsible For

Vendor Governance & Oversight-

• Support execution of IT vendor governance activities in line with established policies, standards, and operating procedures.
• Assist in onboarding, periodic reviews, renewals, and offboarding of IT vendors.
• Maintain accurate vendor records, governance artifacts, and documentation repositories

Stakeholder Coordination-

• Act as a coordination point between vendors, internal IT teams, risk, compliance, and procurement functions.
• Support governance forums, meetings, and reviews by preparing dashboards, presentations, and minutes of meetings.
• Track actions and commitments arising from governance reviews.
• undefine

Data, Reporting & Continuous Improvement-

• Prepare periodic vendor governance dashboards, scorecards, and MIS reports.
• Ensure data accuracy across vendor inventories, risk trackers, and performance metrics.
• Identify opportunities to improve governance processes, automation, and reporting efficiency.

Contract & Commercial Governance-

• Assist with tracking contractual obligations, SLAs, KPIs, and compliance metrics.
• Support review of statements of work (SOWs), change requests, and governance clauses from a policy‑alignment perspective.
• Monitor SLA performance data and escape deviations as required.

Risk & Compliance Support-

• Coordinate vendor risk assessments (e.g., TPRM, SOC reports, information security reviews) under guidance from senior team members.
• Track risk findings, remediation actions, and follow-ups with vendors and internal stakeholders.
• Support audit and regulatory requests by compiling evidence and governance documentation

What We Value

• Basic understanding of IT vendor management, outsourcing models, and third‑party risk concepts.
• Strong attention to detail and documentation discipline.
• Ability to liaise across multiple stakeholders and functions.
• Strong written and verbal communication skills
• Willingness to learn and grow within a governance function.

Mandatory Skills / Experience

• Degree level qualification in Technology/Business or other relevant subject with overall experience of 3 - 5 years in IT/Non IT Vendor Management, IT/Non IT Governance, Outsourcing Management, Third‑Party Management, or a related technology governance / operations role.
• Ability to manage multiple tasks and meet deadlines in a structured environment.
• Experience working in a regulated financial services, banking, or large enterprise environment preferred, with exposure to internal controls and audit expectations.
• Demonstrated ability to follow standardized, repeatable governance processes consistently and accurately.
• Proficiency in Microsoft Office tools (Excel, PowerPoint, Word, Outlook, Power BI, Sharepoint) for reporting, governance tracking, and documentation.

Additional Requirements / Good To Have Skills

• Certification in Project management, Agile, Kaizen will be a plus.
• Work experience supporting multiple geographies is an added advantage
• Experience in execution transformation programs/project is a plus

Mode of work:

Compliant with State Street Policy of Work from office/home

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.

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

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.