VP - Third Party Risk
1 week ago
Vice President – Third Party Risk Management
Location:
Noida |
Experience:
12–18 Years |
Notice Period:
Immediate to 30 Days
About The Role
We are seeking a dynamic
Vice President – Third Party Risk Manager
to lead and enhance the organisation's risk management framework. The role focuses on identifying, assessing, mitigating, and monitoring third-party and outsourcing risks across multiple business units to ensure operational resilience and regulatory compliance.
Key Responsibilities
- Develop and implement strategic risk management frameworks, methodologies, and processes.
- Oversee the Third Party Risk Management (TPRM) program, ensuring adherence to internal policies, regulatory requirements, and best practices.
- Manage and lead a team of risk professionals—defining goals, measuring performance, and driving continuous improvement.
- Collaborate with cross-functional teams to manage regulatory exams, audits, and responses related to third-party risk.
- Provide insights and strategic direction on new and emerging third-party regulatory requirements and their impact on business operations.
- Maintain stakeholder relationships with internal teams, vendors, and regulators to ensure alignment and compliance.
- Drive process optimization, automation, and efficiency improvements within the risk management function.
- Advise senior management on risk exposures, regulatory trends, and control effectiveness.
Key Skills & Experience Required
- Strong background in Risk & Control Management within financial services, consulting, or a large enterprise environment.
- In-depth understanding of Third Party Risk, Outsourcing Risk, and associated regulatory frameworks.
- Proven experience in regulatory engagements, audits, and compliance reporting.
- Demonstrated ability to lead high-performing teams and manage multiple stakeholder relationships.
- Excellent communication, influencing, and analytical skills with a detail-oriented approach.
- Ability to adapt to evolving priorities, manage competing demands, and deliver in a dynamic environment.
- Familiarity with GRC tools (e.g., ORAC, Process Unity, Tableau) and proficiency in MS Office applications.
Preferred Qualifications
- Postgraduate degree in Risk Management, Finance, or related field.
- Professional certifications such as CRISC, CISA, or FRM are an advantage.
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