See more Collapse

AVP, Third Party Risk Management, Risk Management Dept

2 months ago


Singapore Sumitomo Mitsui Banking Corporation Full time
Third Party Risk Management as a 2nd Line function
  • Implementation of Third Party Risk Management framework in APAC branches and subsidiaries for assessing, monitoring and reporting of third party risks inherent in business operations, with Technology Risk, Operational Risk and Operational Resilience as key priorities
  • Own, upkeep and operationalize the APAC Third Party Risk Management Framework, ensuring that regional and local policies, procedures and standards meet regulatory requirements in all APAC branches and subsidiaries
  • As part of the 2nd Line of Defence, work closely with stakeholders in the 3 lines of defence to implement appropriate risk governance/oversight, design/determine/establish metrics like KRIs, implement controls and promote best practices that drive third party risk management and regulatory compliance
  • Coordinate third party risk management efforts and manage Governance, Risk and Compliance (GRC) activities across the APAC Offices and with HO to drive timely completion of third party risk deliverables and resolution of key risk issues
  • Communicate technical concepts to non-technical audience and senior management and lead efforts to cultivate and promote a strong third party risk culture and ensure adherence to third party risk management policies, procedures and standards
Responsibilities
  • Operationalize Third Party Risk management framework (vendor governance and compliance framework, risk identification/ monitoring/ reporting, policies, procedures, standards) and exercise oversight of all third party risk management activities.
  • Design, determine and establish KRIs, implement risk control measures and best practices (eg. Due Diligence for Third-Party Service Providers/Outsourcing arrangements) with Operational Resilience (i.e. BCM, Technology Risk and Operational Risk) in mind
  • Drive timely completion of third party risk deliverables and resolution of key risk issues.
  • Perform assessment of third party risk incidents, issues and trends, communicate technical concepts to non-technical audience and provide advisory as Subject Matter Expert (eg. For new product applications, outsourcing of services and engagement of third party vendors and service providers).
  • Cultivate and promote a strong third party risk culture.
Requirements
  • Good knowledge of outsourcing/third party, technology and operational risk requirements and industry standards, such as MAS TPRM/TRM guidelines, ITIL, SAS, NIST, ISO27001/2
  • Minimum 3 years experience in IT / Cloud outsourcing, vendor/ third party or operational risk management, preferably in banking or financial services.
  • Certifications such as CTPRP, CTPRA, CISSP, CRISC, CRCM, as well as as CISSP, CISA, CISM and CRISC would be advantageous.
  • Good project management skills and experience.
  • Ability to perform gap analysis of third party risk management policies and processes against new regulatory requirements and guidelines.
  • Self-starter and a critical thinker.
  • Proactive, resourceful and able to think and act strategically and tactically.
  • Able to multi-task and work independently under tight timelines.
  • Strong oral and written communication skills.
  • Strong stakeholder management skills.
  • Culturally sensitive.

We have other current jobs related to this field that you can find below


  • Singapore KS Talent Solutions Full time

    Key Responsibilities:Provide leadership, strategic direction, and oversight to ensure successful execution of the TPRM program, promoting a consistent risk-based approach. Create, manage, enhance, and implement TPRM Policy, procedures, and program governance, ensuring effective risk management of Vendor/Third Parties in accordance with global risk management...


  • Singapore KS Talent Solutions Full time

    Key Responsibilities: Provide leadership, strategic direction, and oversight to ensure successful execution of the TPRM program, promoting a consistent risk-based approach. Create, manage, enhance, and implement TPRM Policy, procedures, and program governance, ensuring effective risk management of Vendor/Third Parties in accordance with global risk...


  • Singapore UBS Full time

    Singapore Outsourcing / Offshoring, Process, project and program management Group FunctionsJob Reference #BRCity SingaporeJob Type Full TimeYour role The Third Party Risk Management (TPRM) function is responsible for providing oversight of the third party risk (inc. outsourcing) within Singapore. The responsibilities include (but are not limited to):support...


  • Singapore UBS Full time

    Singapore Outsourcing / Offshoring, Process, project and program management Group FunctionsJob Reference #BRCity SingaporeJob Type Full TimeYour role The Third Party Risk Management (TPRM) function is responsible for providing oversight of the third party risk (inc. outsourcing) within Singapore. The responsibilities include (but are not limited to):play an...


  • Singapore MUFG Bank, Ltd. Full time

    Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...


  • Singapore United Overseas Bank Full time

    First VP, Third-Party and Outsourcing Risk Management Posting Date: 21 Jun 2024 Location: Singapore (City Area), Singapore, SG, 048624 Company: United Overseas Bank Ltd About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific,...


  • Singapore HSBC Full time

    Job descriptionSome careers have more impact than others.If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. 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...


  • Singapore Risk & Insurance Management Society Inc Full time

    Firm Risk Management (FRM") FRM supports Morgan Stanley (the Firm") in achieving its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of financial risks, including credit, market, liquidity, and...


  • Singapore MUFG Bank, Ltd., Singapore Office Full time

    Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships,...


  • Singapore Citi Full time

    Responsibilities: Ensure accurate and timely delivery of key changes to the business by leading Global Change Management (GCM) process Creating and managing end to end calendar with critical steps, dependencies and dates Hosting kickoff calls with change owner to gather stakeholders, begin impact assessment and identify leads from each functional group to be...


  • Singapore Citi Full time

    Roles and Responsibilities- Legal Opinion (New and Renewal)Engage with country legal to obtain new legal opinion for countries that will require access to Singapore data, monitor the currency legal opinion and re-engage country legal in renewing these legal opinions.- Local Country Addenda (LCA) reviewsEngage with country/regional legal to review country...


  • Singapore Citi Full time

    Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities...


  • Singapore DBS Bank Limited Full time

    VP/AVP, Risk Management Group - Operational Risk Manager, Risk Management Group DBS Bank Limited Singapore Posted 10 hours ago Permanent Competitive Business FunctionRisk 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...

  • Avp, Risk

    2 weeks ago


    Singapore United Overseas Bank Ltd Full time

    About UOB:United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and...


  • Singapore Sumitomo Mitsui Banking Corporation Full time

    Operational Risk Management Implementation of risk governance and regulatory compliance frameworks in APAC as part of 2LoD for assessing, monitoring and reporting operational risks inherent in business operations Upkeep and operationalize Operational Risk Management frameworks, including formulation and maintenance of policies, procedures and standards to...

  • Avp, Risk Management

    1 month ago


    Singapore Macdonald & Company Full time

    A multinational developer-owner-operator of real estate products and services is in search of an AVP Risk Management to join their team on a full-time basis in Singapore. Headquartered in Singapore, this company is listed in the Singapore stock-exchange and operates across five core asset classes including residential, retail, commercial & business parks,...

  • Avp, Risk Management

    4 weeks ago


    Singapore Macdonald & Company Full time

    A multinational developer-owner-operator of real estate products and services is in search of an AVP Risk Management to join their team on a full-time basis in Singapore. Headquartered in Singapore, this company is listed in the Singapore stock-exchange and operates across five core asset classes including residential, retail, commercial & business parks,...

  • Avp, Risk Management

    4 weeks ago


    Singapore Macdonald & Company Full time

    A multinational developer-owner-operator of real estate products and services is in search of an AVP Risk Management to join their team on a full-time basis in Singapore. Headquartered in Singapore, this company is listed in the Singapore stock-exchange and operates across five core asset classes including residential, retail, commercial & business parks,...

  • Avp, Risk Management

    1 month ago


    Singapore Macdonald & Company Full time

    A multinational developer-owner-operator of real estate products and services is in search of an AVP Risk Management to join their team on a full-time basis in Singapore. Headquartered in Singapore, this company is listed in the Singapore stock-exchange and operates across five core asset classes including residential, retail, commercial & business parks,...

  • Manager, Risk

    2 months ago


    Singapore KEPPEL MANAGEMENT LTD. Full time

    Roles & ResponsibilitiesJOB DESCRIPTIONAs part of the Risk and Compliance team, you will be integral in working with relevant stakeholders to support the organization in developing and implementing the overall risk management strategy and related initiatives as well as ensuring compliance to regulations and internal policies. Support ‘middle-office’...