Third-Party Risk Management

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If you're looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are seeking for the role of Consultant Specialist, a candidate with a basic understanding of Third-Party Risk Management, strong analytical skills, and proficiency in various data analysis tools to join our team as a Third-Party Risk Management Analyst.

Responsibilities:

• Ensure that all Third-Party Governance and Activity is coordinated and performed effectively ensuring ongoing adherence to TPRM KCIs on a monthly basis.
• Engage with other key areas which support the TPM process as the shift towards a centralised approach evolves – work with case advisors, quality checks, assurance teams and central reporting efforts.
• Implement and oversee information and cyber security measures within the third-party governance framework to mitigate potential risks and threats.
• Develop and maintain Contract risk and a complete oversight on P2P and S2C HSBC Process to explore the avenues for reducing the Third Party Spend.
• Monitor and evaluate third-party performance against established metrics like Key Control Indicators (KCIs), Key Performance Indicators (KPIs) to identify areas of improvement and implement corrective actions when necessary.
• Create and maintain a centralized repository of third-party contracts, agreements, and related documentation, ensuring compliance with contractual obligations and terms.
• Strong Data analytical mindset with the ability to generate dashboard via MS Excel, Power BI, and other Reporting platforms.
• Assist Senior Managers in documentation of training programs and awareness campaigns to TPEMs on third-party risk management policies, procedures, and responsibilities.
• Ensure compliance through continuous monitoring and adherence of KCI's in a timely remediation of overdue tasks/metrics etc.
• Strong communication, interpersonal & influencing skills to a wide range of people/groups & at different levels of seniority.
• Collaborate with cross-functional teams, including procurement, legal, and information security, to establish and maintain effective vendor management practices and protocols.
• Advise and guide Third Party Engagement Managers by providing day to day support for ongoing risk and controls assurance activities to effectively manage third parties.
• Stay abreast of emerging trends, regulations, and best practices in third-party risk management, and provide guidance and recommendations to senior management to enhance the overall risk management framework.

Qualifications:

• Basic understanding of Third-Party Risk Management principles.
• Experience in using risk management Archer, Contract Management (Coupa) and other relevant technologies.
• Proficient in generating high end Dashboards using Power BI, MS Excel, QlikView
• Specialised in MS Office Apps like Outlook, PowerPoint, Microsoft Teams, SharePoint.

You'll achieve more when you join HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by – HSBC Software Development India