Third-Party Risk Management Professional

1 day ago

mangalore, India beBeeThirdPartyRisk Full time

Job Title: Enterprise Risk Management SpecialistThis is a critical role in the organization, responsible for directing and leading the development and implementation of a firm-wide Third-Party Risk Management (TPRM) framework.The incumbent will work closely with senior management and other stakeholders to design and deploy a comprehensive TPRM program that aligns with regulatory requirements and industry best practices.Responsibilities:The successful candidate will be responsible for:Designing and implementing a firm-wide TPRM framework, including outsourcing governance;Managing the ongoing TPRM program, incorporating an integrated approach for assessing and mitigating risks associated with third-party suppliers;Ensuring that risks are identified, assessed, monitored, and controlled throughout the contract lifecycle;Enhancing the governance model to provide ongoing monitoring and oversight of third-party risks;Developing reports for use by business areas and senior management regarding third-party risks;Partnering with sourcing partners, Operational Risk Team, Information Security and Technology Risk Team, Compliance, Legal, and business areas to identify and escalate key items of concern regarding new and existing third-parties;Supporting Head of TPRM in addressing Central Bank, Internal Audit, and Compliance observations;Maintaining compliance with regulatory requirements and creating an environment for continuous improvements;Requirements:The ideal candidate should possess:A minimum of 3-5 years of focused expertise in Third-party Risk Oversight, Vendor Governance, Risk Management, Operational Risk;Proven related financial services experience, risk & regulatory related experience highly desired;Third Party Vendor experience preferred;Broad and deep third-party risk technical knowledge;Strong people management, internal consulting, and partnering skills;Ability to influence with or without authority to achieve desired outcomes;Balance and successfully manage competing priorities.

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