Third-Party Risk Management Specialist

Job Title: Third Party Risk Management ProfessionalJob DescriptionWe are seeking a highly skilled professional to lead and manage the Bank's Third-Party Risk Management Framework. The incumbent will be responsible for directing and leading the Group-wide strategic development and implementation of the Third-Party Risk Management Framework, in alignment with relevant regulatory requirements and best practices.Design and Deployment: Lead the design and deployment of a firm-wide TPRM framework, including an outsourcing governance framework.TPRM Program Management: Manage the ongoing TPRM program, which includes an integrated approach for assessing and mitigating the risk of new and existing third-party suppliers.Risk Identification and Assessment: Ensure that risks associated with Third Party relationships are sufficiently identified, assessed, monitored, and controlled.Governance Model Management: Manage and enhance the governance model to provide ongoing monitoring and oversight of the risks posed by third-parties.Regulatory Compliance: Monitor and update the third-party risk assessment framework to respond and adhere to new and existing regulatory guidelines and initiatives.Third-Party Risk Segmentation: Lead third-party risk segmentation, deploy and maintain up-to-date annual attestations by contract owners.Reporting: Develop reports for use by business areas and senior management regarding third-party risks.Escalation and Issue Management: Identify and escalate key items of concern regarding new and existing current third–parties, including the potential of concentration risk and fourth-party risk exposures.Collaboration: Partner with sourcing partners, Operational Risk Team, Information Security and Technology Risk Team, Compliance, Legal, business areas, and other assurance functions in the second and third line of defense to identify third-party risks and escalate those risks appropriately.Support and Governance: Support Head of TPRM in addressing Central Bank, Internal Audit, and Compliance observations.Operational Risk Management: Monitor the first-line Business Units' status of the RCSA, ORE, KRI, Issues & Actions, and NPPA programs;Analysis and Monitoring: Perform detailed analysis on the outputs of the Group operational risk management programs;Operational Risk Profile Management: Maintain ongoing monitoring of the Bank's Operational Risk profile at a Business Unit level;Compliance and Continuous Improvement: Maintain compliance to regulatory requirements and create an environment for continuous improvements.User Support and Prism Management: Provide user support and ensure ongoing management of the Group operational risk program design on prism, the Bank's Operational Risk Management Information System.Required Skills and QualificationsTo be successful in this role, you will require:Minimum 3-5 years focused expertise in Third-party Risk Oversight, Vendor Governance, Risk Management, and Operational Risk.Proven related financial services experience, risk & regulatory related experience highly desired.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.BenefitsThis role offers a competitive salary and benefits package, as well as opportunities for professional growth and development.OthersPlease note that this is a challenging and rewarding role that requires a high level of expertise and dedication. We look forward to hearing from qualified candidates who are passionate about Third-Party Risk Management and committed to delivering exceptional results.