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State Street

Holds assets for institutions and runs index funds

IT Vendor Management Governance & Compliance Specialist, Vice President

Regulatory Compliance & EthicsPosted on Nov 13
Full-timeMilan, Metropolitan City of Milan, ItalyIn-person

About the Job

Requirements

  • Proven experience in IT vendor and contract management, with a solid understanding of supplier governance, including OEM and third-party providers.
  • Deep expertise in IT governance and risk management, particularly defining, monitoring, and reporting Key Risk Indicators (KRIs) in regulated environments.
  • Good knowledge of the regulatory framework applicable to financial institutions, including Bank of Italy guidelines such as cloud provider classification, and of audit and legal documentation standards.
  • Experience preparing and reviewing IT governance documentation, IT self-assessments, and procedures.
  • Experience participating in RFP processes and supporting internal and client-facing compliance reviews.
  • Ability to work effectively with cross-functional teams, including Legal, Risk, and IT Operations.
  • Excellent written and verbal communication skills, with a structured, detail-oriented approach to documentation.
  • A university degree in Information Technology, Engineering, Economics, Law, or a related field, or equivalent experience.
  • Fluency in English and Italian.
  • Strong ownership and accountability at VP level.
  • Ability to operate in a highly regulated and audit-driven environment.
  • Proactive, structured, and solution-oriented mindset.
  • Ability to manage complexity and deliver on time.

Responsibilities

  • Oversee IT contract management and ensure supplier engagements, including OEM relationships, are properly governed and monitored.
  • Contribute to compliance efforts, interpret regulatory definitions such as cloud provider classification under Bank of Italy guidelines, and ensure documentation meets audit and legal standards.
  • Define and manage Key Risk Indicators (KRIs) in regulated environments and integrate updated KRIs into service reports, ensuring alignment with contractual obligations.
  • Work closely with Legal, Risk, and IT Operations teams to review and revise strategic documents, such as IT self-assessments and annual procedure updates.
  • Lead updates to IT governance documentation and participate in RFP processes for key clients.
  • Support internal and client-facing compliance reviews with tailored documentation and technical insights.
  • Maintain clear, structured communication and meticulous documentation, including annotated revisions and detailed feedback on technical and compliance materials.

Desired Qualifications

  • Employees may be considered, at the Company’s sole discretion, for discretionary annual performance-based awards.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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