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AVP - Procurement and Sourcing (CLASS)

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State Street

Oct 16, 2024

  • Job
    Full-time
    Senior Level
  • Logistics
    Business, Operations & Strategy
  • Mumbai
  • Quick Apply

AI generated summary

  • You need a bachelor's degree, 6+ years in contingent labor, strong analytics/reporting skills, proficiency in BI tools, and excellent communication and problem-solving abilities.
  • You’ll oversee CLASS program execution, manage third-party operations, ensure compliance, support audits, and coordinate data governance while navigating contingent labor laws and regulations.

Requirements

  • Bachelor’s degree and a minimum of 6 years of relevant work experience in contingent labor program execution and oversight
  • Analytics and reporting skills with experience producing executive level reports; very strong Excel, PPT and presentation skills
  • Strength in correlating financials (budget, spend, rates) with globally dispersed workers (projects, teams, individuals) to synthesize into actionable management reporting
  • Tableau, access, or other BI intelligence and analysis tools knowledge to query, correlate and analyze large datasets
  • Strong communicator – Candid, confident, and enthusiastic. Ability to take complex ideas and present them in an intuitive fashion
  • Ability to work independently while sharing expertise with colleagues and others
  • Able to proactively manage stakeholder needs and expectations while providing consistent and regular communications
  • Take ownership mentality – Willingness to roll up sleeves, navigate complexity and drive execution to solve complex problems
  • Desire to work in a diverse, global, multi-cultural environment for an equal opportunity employer. Flexibility to meet outside of typical working hours as needed is a plus

Responsibilities

  • Provide ongoing support for the execution and governance of the CLASS program, including oversight, project work, data analytics and reporting
  • Working with and overseeing third parties including Managed Service Providers (MSPs) for operational execution of the CLASS program
  • Governance activities including regular review, investigation and monitoring to mitigate risk and ensure compliance with CLASS program controls and standards
  • Work with data governance teams to comply with new data standards impacting privacy, source data, record retention, etc. for Beeline and downstream applications that utilize contingent labor data
  • Support internal and external audit requirements for the CLASS program; maintain an audit and controls calendar, and respond to audit requests
  • Guide and support Procurement and AP compliance of the global operating model with company requirements including intercompany SLAs, EMEA outsourcing requirements and liaising with Corporate Functions teams during annual reviews and action any changes
  • Understanding of contingent labor laws and regulations and ability to assess the CLASS program against applicable regulations to ensure compliance
  • Assist the Finance Business Controls Office to coordinate and support requests from the Information Security Officer, Privacy liaison, Business Controls and Testing teams

FAQs

What is the primary focus of the AVP - Procurement and Sourcing (CLASS) role?

The primary focus of this role is to manage and oversee the global Contingent Labor at State Street program (CLASS), including program governance, operational support, reporting, and data analytics.

What kind of experience is required for this position?

A minimum of 6 years of relevant work experience in contingent labor program execution and oversight is required.

What analytical skills are necessary for this role?

Strong analytics and reporting skills are necessary, with experience in producing executive-level reports and proficiency in tools like Excel, Tableau, or other BI intelligence and analysis tools.

Is knowledge of contingent labor laws important for this position?

Yes, a strong understanding of contingent labor laws and regulations is important to assess the CLASS program's compliance with applicable regulations.

What types of governance activities does this role support?

This role supports governance activities such as regular review, investigation, and monitoring to mitigate risk and ensure compliance with CLASS program controls and standards.

What communication skills are necessary for this position?

Strong communication skills are necessary, including the ability to present complex ideas in an intuitive fashion and proactively manage stakeholder needs and expectations.

Are there opportunities to work with third parties in this role?

Yes, this role involves overseeing third parties, including Managed Service Providers (MSPs), for the operational execution of the CLASS program.

Is there flexibility in working hours for this position?

Yes, there is a desire for the candidate to be flexible in meeting outside of typical working hours as needed.

What is the working environment like in this role?

The role offers a diverse, global, multi-cultural environment for an equal opportunity employer, promoting collaboration and inclusion.

What types of support does this position provide for audits?

This position supports internal and external audit requirements for the CLASS program, including maintaining an audit and controls calendar and responding to audit requests.

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State Street

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