Apply in 3 Minutes Outsourcing Oversight Support

# **Outsourcing Oversight Support - Associate**## at### **Description**About this role Role Overview: The Analyst /Associate will play a critical role in supporting the organisation’s oversight of outsourcing arrangements and associated outsourcing regulations. The role involves ensuring the organisation complies with regulatory requirements, maintains robust oversight of third-party service providers, and mitigates risks associated with outsourcing arrangements. This position offers an opportunity to work closely with senior management and cross-functional teams to strengthen the organisation’s outsourcing governance framework, ensure operational resilience, and enhance regulatory compliance. Key Responsibilities Outsourcing Oversight and Governance: Assist in maintaining the organisation’s outsourcing register, ensuring it is accurate, comprehensive, and compliant with CP 138 requirements. Support the implementation of the organisation’s outsourcing governance framework, including policies, procedures, and oversight mechanisms. Assist in periodic reviews of outsourcing arrangements to ensure compliance with contractual and regulatory obligations. Due Diligence and Risk Assessments: Assist in conducting due diligence on new and existing outsourcing providers, assessing their financial, operational, and regulatory compliance capabilities. Support risk assessments of outsourcing arrangements, including identifying, mitigating, and monitoring risks. Ensure appropriate risk management controls are in place for critical and important outsourcing arrangements. Regulatory Compliance: Assist in preparing reports to the Central Bank of Ireland related to outsourcing, including notifications and incidents. Monitor changes to outsourcing regulations and support the implementation of necessary adjustments to internal frameworks. Ensure compliance with guidelines on operational resilience, data protection, and business continuity in outsourcing arrangements. Performance Monitoring: Monitor the performance of outsourcing service providers, ensuring they meet service level agreements (SLAs) and key performance indicators (KPIs). Support the resolution of any service delivery issues, escalating to senior management as necessary. Assist in preparing performance reviews and reports for internal stakeholders and regulatory bodies. Operational Resilience and Business Continuity: Collaborate with internal teams to ensure outsourcing arrangements align with the organisation’s operational resilience and business continuity plans. Assist in testing and validating service provider contingency plans to ensure preparedness for disruptions. Stakeholder Engagement: Work with internal teams, including Legal, IT, and Risk, to ensure comprehensive oversight of outsourcing arrangements. Liaise with third-party providers to obtain necessary information and ensure alignment with the organisation’s policies and regulatory expectations. Project Management and Administration: Coordinate enterprise-wide projects, tracking timelines, budgets, and deliverables. Maintain documentation for systems, policies, procedures, and regulatory submissions. Provide administrative support to the CEO and C00, including diary management, preparing presentations and reports for senior management and regulatory bodies. Key Competencies Regulatory Awareness: Strong understanding of CP 138, outsourcing regulations, and related guidelines from the Central Bank of Ireland. Analytical Skills: Ability to assess outsourcing risks, analyse data, and evaluate service provider performance. Organisational Skills: Strong ability to manage multiple tasks, maintain detailed records, and meet tight deadlines. Communication: Clear and concise communication skills, with the ability to engage with internal and external stakeholders. Problem-Solving: Proactive approach to identifying and addressing issues related to outsourcing arrangements. Collaboration: Strong interpersonal skills to work effectively across teams and with service providers. Qualifications and Experience Education: Bachelor’s degree in Business Administration, Risk Management, Compliance, Law, or a related field. Experience: 1-3 years of experience within financial services or a regulated entity. Experience in outsourcing oversight, risk management, compliance, or vendor management within financial services or a regulated industry. Familiarity with CP 138 and other relevant regulatory guidelines would be an advantage. Our benefits To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about. Our hybrid work model BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock. About BlackRock At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress. This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive. For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | : BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law. BlackRock's purpose is to help more and more people experience financial well-being. As a global investment manager and a leading provider of financial technology, our clients—from grandparents, doctors, and teachers to large institutions—turn to us for the solutions they need when planning for their most important goals. People join our firm from around the world to gain real-world experience while making an impact. Discover how you can have a career at BlackRock that's exciting, rewarding and full of possibilities.## **What we do**BlackRock is trusted to manage more money than any other investment manager in the world, helping millions of people and the world’s biggest institutions and governments reach their investing goals. We challenge businesses to reach higher standards by leading with purpose and promoting policies and practices that support long-term value creation. We use technology to think beyond what’s possible and bring greater transparency to investing while democratizing access.Our promise to our clients is to deliver products and services that provide clarity on the financial markets to help influence better investments decisions. That’s why investors of all kinds come to us for help.## **What we stand for**BlackRock’s
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