Vice President, Third Party Governance I
1 month ago
Vice President, Third Party Governance I
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
Enterprise Change, Resiliency & Sourcing Office (ECRSO) Risk Assessment & due diligence Team is responsible for the execution of BNY Third-Party Risk Assessment activities at an enterprise level, including initial due diligence and the ongoing monitoring of third parties.
We’re seeking a future team member for the role of Vice President – Third Party Risk Management to join our Enterprise Sourcing Office. This role located in Chennai/Pune, HYBRID
In this role, you’ll make an impact in the following ways:
- As a Third-Party Risk Assessor, you will perform third-party risk assessment to identify, monitor, remediate, and manage third party risks across the third-party lifecycle for the vendors of BNY.
- Work with Line of Business (LoB) partners, by navigating them through the different stages of the risk assessment life cycle and making sure that they are being compliant to the program requirements.
- Partner with Subject Matter Expert (SME) in key third-party risk domains & key functional areas to complete the due diligence as per the defined SLA
- Manage the risks identified and associated issues up till the remediation by partnering with Subject Matter Expert (SME) for the key third-party risk domains
- Evaluating control effectiveness and review evidence of controls by applying audit, compliance, security, and regulatory framework knowledge and experience, including, but not limited to review of: ISO 27001, SIG (Shared Assessments), SOC / equivalent reports, as well as knowledge of controls related to Privacy, Compliance, Business Resiliency, Cyber and other risk domains.
- Perform vendor assessments assessment using external tools/report such as TruSight / KY3P/ Archer
- Work with TL to contribute toward continuous Audit requirements and regulatory support for third party risk management.
- Role requires skills specific to consolidate and analyze the data from multiple application sources to present the data for various program requirements.
- Risk Assessor role requires good risk experience & technology expertise (areas of information security, business continuity, incident management, compliance, and human resource security) in accurately scoring the inherent risk profile of 3rd parties, making sure the risk assessments are completed on time with quality. In addition, the role requires the ability to prioritize and drive workload.
- Manage required artifacts, perform quality control reviews, and support the end-to-end processing of third-party assessments.
To be successful in this role, we’re seeking the following:
- 10+ years of total work experience
- 5+ years of third-party risk assessment / relevant experience
- Bachelor's degree in science, technology, or business
- Excel and data analytical skills would be an added advantage
- Process optimization experience would be an added advantage
- Industry recognized Risk Assessment Certifications (e.g., CTPRA, CTPRP, ISO 27001, CRISC, etc.) strongly preferred
- Fluent in other foreign languages will be an added advantage
At BNY , our inclusive culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg’s Gender Equality Index (GEI), 2023
Our Benefits:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans
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