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State Street

IT Vendor Management, Governance & Compliance Specialist, Vice President

State Street is hiring an IT Vendor Management, Governance & Compliance Specialist, Vice President in Milan, Italy. It pays €85k a year and Level rates it ; you can apply on State Street.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • Level classifies it as an executive role.
  • Level lists 1,100+ other open roles at State Street.
  • The role was posted in the last few days.

AI in this role

The role provides oversight of IT vendor and contract management in a regulated environment, ensuring that supplier engagements are properly governed and aligned with contractual, regulatory and audit requirements. The successful candidate contributes to IT governance and risk management, defines and monitors Key Risk Indicators (KRIs), supports compliance with regulatory guidelines (including Bank of Italy provisions), and works closely with Legal, Risk and IT Operations teams. The role also supports internal and client-facing compliance reviews and RFP processes, with clear, structured communication and meticulous documentation.

Key Responsibilities

  • Vendor & Contract Oversight: oversee IT contract management and ensure that supplier engagements (including OEM relationships) are properly governed and monitored.
  • Compliance & Regulatory Alignment: contribute to compliance efforts, interpret regulatory definitions (e.g. cloud provider classification under Bank of Italy guidelines) and ensure documentation meets audit and legal standards.
  • IT Governance & Risk Management: define and manage Key Risk Indicators (KRIs) in regulated environments and integrate updated KRIs into service reports, ensuring alignment with contractual obligations.
  • Cross-Functional Collaboration: work closely with Legal, Risk and IT Operations teams to review and revise strategic documents, such as IT self-assessments and annual procedure updates.
  • Governance Documentation & RFPs: lead updates to IT governance documentation and participate in RFP processes for key clients.
  • Compliance Reviews: support internal and client-facing compliance reviews with tailored documentation and technical insights.
  • Communication & Documentation: maintain clear, structured communication and meticulous documentation practices, including annotated revisions and detailed feedback on technical and compliance materials.


Requirements and Qualifications

  • Proven experience in IT vendor and contract management, with a solid understanding of supplier governance (OEM and third-party providers).
  • Deep expertise in IT governance and risk management, in particular in 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 (e.g. cloud provider classification), and of audit and legal documentation standards.
  • Experience in preparing and reviewing IT governance documentation, IT self-assessments and procedures.
  • Experience in participating in RFP processes and in supporting internal and client-facing compliance reviews.
  • Ability to work effectively with cross-functional teams (Legal, Risk, IT Operations).
  • Excellent written and verbal communication skills, with a structured, detail-oriented approach to documentation.
  • University degree in Information Technology, Engineering, Economics, Law or a related field (or equivalent experience).
  • Fluency in English and Italian.

Personal Attributes

  • 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 in time
  • Team player
  • Flexibility

Minimum Salary:​

€85,000 Annual

The minimum salary quoted above applies to the role in the primary location specified. If the successful candidate ultimately works outside of this primary location, the applicable minimum salary may differ.​


Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.​


In addition to base salary, employees may, subject to applicable local laws, company policies, and plan terms, be eligible for a country-aligned benefits package and may be considered, at the Company’s sole discretion, for discretionary annual performance-based awards.


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.


Discover more information on jobs at StateStreet.com/careers


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How we rate this

IT Vendor Management, Governance & Compliance Specialist, Vice President at State Street rates 35 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

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