Senior Governance Manager - Outsourcing

State Street; Bengaluru; On-site; INR 180,000 - 280,000; Full time

Job summary

State Street Bengaluru is seeking a Governance professional to strengthen AML governance within the Global AML Center, ensuring regulatory alignment and risk mitigation across outsourcing and service recipients.

You will lead governance initiatives, manage stakeholders, deliver accurate MI, and coach a team, with emphasis on communication, documentation, and annual AML training.

Qualifications

• Strong governance knowledge and processes across financial services.
• Experience with AML/KYC and financial crime regulations.
• Experience leading and coaching staff (5+ years).

Responsibilities

• Drive the development and maintenance of a strong governance framework for the team
• Effectively manage stakeholder relationships to ensure communication of all governance related risks, through Leadership and Operational Forums
• Ensure clear lines of communication and appropriate governance is in place for outsourced service recipients
• Drive the delivery of accurate and appropriate MI (Monthly Service Review Meetings) to enable stakeholders and senior management to track progress in line with regulatory requirements
• Serve as an escalation point for governance issues
• Ensure procedures / guidance notes / controls are maintained for the Governance team
• Assist with external regulatory examinations and internal assurance / testing that cover Governance related topics
• Demonstrate commitment to AML risk excellence through the provision of ancillary tasks that support the firms know your customer due diligence
• Maintain role-specific knowledge of the current anti-money laundering and financial crime risks and issues through completion of the annual AML Academy, and any other financial crime training deemed applicable to the role.
• Recruitment of team members
• Ensure quality and skills of resources are appropriate for the teams Governance function
• Encourage the team to follow the speak up, listen up values - including timely escalation of AML concerns, suspicious activity or any corporate policy breaches

Skills

Governance

Stakeholder management

Communication skills

AML knowledge

Risk management

Documentation & records

Team leadership

Executive presentations

Education

Advanced degree in related field

Tools

Word

Excel

PowerPoint

SharePoint

Job description

Why This Role Is Important To Us

The Governance team primary role is to ensure adequate governance is in place within the Global AML Center to support the effectiveness of Corporate Programs / Policies, minimising regulatory, monetary and reputational risks for the team and the team's service recipients.

Why This Role Is Important To Us

The Governance team primary role is to ensure adequate governance is in place within the Global AML Center to support the effectiveness of Corporate Programs / Policies, minimising regulatory, monetary and reputational risks for the team and the team's service recipients.

Outsourcing Governance

Tasked with coordinating the team’s governance requirements related to outsourcing. Working closely with the Reporting Specialists to deliver periodic reporting to Service Recipients.

What You Will Be Responsible For

• Drive the development and maintenance of a strong governance framework for the team
• Effectively manage stakeholder relationships to ensure communication of all governance related risks, through Leadership and Operational Forums
• Ensure clear lines of communication and appropriate governance is in place for outsourced service recipients
• Drive the delivery of accurate and appropriate MI (Monthly Service Review Meetings) to enable stakeholders and senior management to track progress in line with regulatory requirements
• Serve as an escalation point for governance issues
• Ensure procedures / guidance notes / controls are maintained for the Governance team
• Assist with external regulatory examinations and internal assurance / testing that cover Governance related topics
• Demonstrate commitment to AML risk excellence through the provision of ancillary tasks that support the firms know your customer due diligence
• Maintain role-specific knowledge of the current anti-money laundering and financial crime risks and issues through completion of the annual AML Academy, and any other financial crime training deemed applicable to the role.

People Manager Responsibilities

• Recruitment of team members
• Ensure quality and skills of resources are appropriate for the teams Governance function
• Encourage the team to follow the speak up, listen up values - including timely escalation of AML concerns, suspicious activity or any corporate policy breaches

What We Value

These skills will help you succeed in this role

• Managing a demanding team/program to tight deadlines in the face of constantly changing policy and procedures
• Working with multiple stakeholders across the 3LOD
• Excellent interpersonal, organizational and administrative skills – ability to keep meticulous records
• Strong knowledge and capabilities in Word, Excel, PowerPoint and reporting design
• Experience with SharePoint would be an advantage
• Evidence of strong communication & influencing skills; ability to clearly communicate complex issues to both senior / executive management and a team of junior specialists
• Strong presentation skills including experience in face to face presentations to senior managementProblem solving ability
• Very good language skills in English

Education & Preferred Qualifications

• Advanced knowledge of governance requirements and processes
• Strong background in Financial Services / Management Consulting
• Knowledge of Anti Money Laundering, Know Your Client and Financial Crime regulations, policies and processes is seen as an advantage
• Experience of leading, coaching and developing staff (preferable to have 5 years +)

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.

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