TPRM Analyst

2 weeks ago


Mumbai, India IDFC FIRST Bank Full time

Role/Job Title: Analyst-  Third Party Risk Management

Function/ Department:   Enterprise Risk Management/Risk

Job Purpose: As a key member of our risk management team, the lead will be responsible for overseeing and enhancing our third-party risk management program to ensure compliance to the regulatory framework, effective identification, assessment, and mitigation of risks associated with our vendor relationships, in line with industry best practices.

  Roles & Responsibilities:

Implement processes and ensure compliance of Vendor Risk Management framework.  Validate Compliances as per 3rd Party Risk Management Framework by Business unit viz. Risk Assessments, Reviews, availability mandatory clauses in contracts.  Build & Maintain Database of Vendor and provide to Stakeholders as required.  Follow up and Arrange availability of Contracts.  Track Open issues related to Framework or Vendors, if not being separately tracked.   MIS/Data as required by Management and Regulators. Help in managing Stakeholders Requirements – Audit, Compliance, legal, BCM, ISG, AP. Conduct UAT testing during System implementation. Manage Support staff, if provided as per requirements. 

Education Qualification:

Graduation: Any Graduation.

Post-graduation: Any Post-graduation.

Experience: 5 - 10 years of relevant experience.


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