Senior Analyst, Third Party Risk, Risk Department

3 weeks ago

Singapore SUMITOMO MITSUI BANKING CORPORATION Singapore Branch Full time
Roles & Responsibilities

Job 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).
  • 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.

Job Requirements

  • Good knowledge of outsourcing/third party and operational risk requirements and industry standards.
  • Minimum 2-3 years experience in outsourcing, procurement, vendor/ third party or operational risk management, preferably in banking or financial services.
  • Certifications such as CTPRP, CTPRA, CISSP, CRISC, CRCM 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.
Tell employers what skills you have

Management Skills
Able To Multitask
Due Diligence
Outsourcing
Risk Control
Risk Management
Cross-cultural Communication Skills
Banking
Operational Risk
Regulatory Requirements
Stakeholder Management
Oral & Written Communication Skills
Financial Services

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