Are you passionate about regulatory compliance and ensuring operational efficiency? Do you thrive as a go-to expert in outsourcing oversight? Western Union invites you to join us as an Outsourcing Oversight Leader.Western Union powers your pursuit.Your primary role will be to uphold and evolve Western Unions enterprise outsourcing oversight framework, ensuring that all outsourcing services meet both operational and regulatory standards. Youll develop and maintain consistent processes for intragroup service provision, deliver monthly KPI scorecards to internal clients, and respond to audit requests while working closely with the Vendor Management Office to manage third-party lifecycles. As an Outsourcing Oversight Leader, youll collaborate with multiple internal and external teams, developing strong relationships that foster compliance and operational excellence across the organization.Role Responsibilities
Maintain service level agreements to ensure consistency in intragroup service processes.
Operate as first line of defense for internal clients with respect to Service Providers performance
Engage service providers in respect of resolution of issues where KPIs fall outside expected standards of performance.
Evolve monthly scorecards in line with business requirements
Provide monthly KPI scorecard reports for intragroup services, ensuring timely delivery to internal clients.
Support the Outsourcing Oversight Reporting & Analytics Analyst by resolving technical issues with reporting tools.
Respond to audit and regulatory requests by maintaining up-to-date SLAs and scorecard reports.
Collaborate with the Vendor Management Office to oversee the third-party lifecycle, from onboarding to ongoing monitoring and termination.
Develop strong relationships with internal and external stakeholders, acting as a Subject Matter Expert (SME) for the outsourcing oversight framework.
Leverage knowledge of procedural governance and change management to support organizational changes.
Provide intragroup outsourcing training and education for stakeholders.
Role Requirements
5+ years of experience in business or industry roles, with at least 3 years in a management position.
Postgraduate degree preferred.
In-depth knowledge of financial services, regulatory compliance, and third-party management. Experience in Operational Resilience, Financial Crime, Change Management, or Audit/Risk Management is an advantage.
Proven track record in driving process improvement and operational efficiencies while ensuring high levels of stakeholder satisfaction.
Strong ability to prioritize tasks, meet deadlines, and adapt to changing priorities.
Demonstrated expertise as an SME, with experience partnering across 2nd and 3rd lines of defense.
Strong contract negotiation skills and proven ability to build relationships across all levels of the organization.
We make financial services accessible to humans everywhere. Join us for whats next.Western Union is positioned to become the worlds most accessible financial services company transforming lives and communities. Were a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and s around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. Youll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If youre ready to help drive the future of financial services, its time for Western Union. Learn more about our purpose and people atBenefitsYou will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few ( ). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.Your Dubai- specific benefits include:
25 days annual leave
Life & Medical Cover
Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.Estimated Job Posting End Date: 11-30-2024This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.