Third Party Risk Management

3 weeks ago

Bengaluru, Karnataka, India State Street Full time

Third-Party Risk Management Due Diligence - Tech Lead Role Summary State Street uses third parties to support internal processes and in the delivery of certain products and services to clients These third parties are evaluated and risk assessed through our Third-Party Risk Management TPRM Program The Due Diligence Onboarding Senior Associate is responsible for monitoring daily activity sending required due diligence questionnaires to vendors monitoring progress and evaluating the completeness of diligence once returned The successful candidate should be able to effectively communicate with vendors and internal stakeholders be alert to inconsistencies in information received and initiate communications with key stakeholders and business partners and guide them towards successful resolution of the items raised Job Duties and Responsibilities Monitor daily activity to identify due diligence requests which need to be sent to vendors requests which require follow-up or escalation and documentation received and awaiting completeness review Execute requests with vendors including new requests and follow-up requests execute completeness reviews for vendor submitted due diligence Initiate communications with key stakeholders for inconsistencies identified and follow through to successful resolution Develop and maintain an understanding of State Street s business lines and the products services offered Monitor SLAs identify opportunities for process efficiencies Assist with the creation and or maintenance of procedure documents and FAQs Participate in project management efforts including tests of Archer system enhancements Flexibility in working outside of direct responsibilities to support emerging TPRM program requirement changes Skills Ability to multi-task and operate in a fast-paced deadline-oriented environment Strong organizational and time management skills Must be self-motivated adaptable and demonstrate initiative in difficult circumstances Proven ability to identify problems and work to successful resolution Strong verbal and written communication skills detail oriented Possess a strong customer centric mindset Demonstrate a willingness to support change and initiatives within the TPRM Program Qualifications Experience within financial services sector 5 years Prior experience in risk management roles Prior experience with third-party risk management Strong working knowledge of Microsoft Office products including Word PowerPoint and Excel Prior experience with Archer RSA platform is preferred Please note Role is required to support internal clients during first half of US hours

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