Vice President, Third Party Risk Management

Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.

Responsibilities

• Set and formulate local Third Party Risk Management (TPRM) policies, guidelines, processes, and procedures, covering Outsourcing, Intragroup, Vendors, Business Partners etc.
• Manage and drive implementation of the governance, key controls, and processes pertaining the management of third parties.
• Provide Subject Matter Expert advisory to 1st line on TPRM with collaboration with other 2nd line.
• Maintain oversight and monitoring of TPRM system and quality of reports.
• Monitor and report elevated risks pertaining to third-party risks to group & local committees and Board as appropriate.
• Coordinate and liaise with internal and external auditors and regulators on any examinations, enquiries or surveys pertaining to third-party risks.
• Compile relevant monthly reports, dashboards, and metrics for management reporting.

• Conduct training sessions on TPRM across the Bank, including content review and training delivery and raise awareness of importance of managing third-party risks.

  Requirements- Minimum 8 years of working experience in managing third party risks in a financial institution or operational risk management/enterprise risk management/internal control/business risk management or audit functions.

• Proven experience in third party risk management, outsourcing, vendor management. Experience in developing local policies and procedures in accordance with local regulatory requirements.
• Strong stakeholder management skills including communication and influencing skills.
• Ability to build strong relationships quickly and work collaboratively.

• Attention to detail, and strong team-player.

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  We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
  We regret only shortlisted candidates will be notified.