BANK, 12 months contract Mgr, Third-Party Risk Management Process Governance and Risk Support @ East

Roles & Responsibilities

Allegis Global Solutions is the exclusive Contingent HR services provider for one of the world's leading banks.

At Allegis Global Solutions we're proud to be the leader in global talent solutions. We draw upon decades of industry expertise to develop innovative tools, products, processes and strategies focused on outcome. Moreover, we're incredibly proud to have built a culture that empowers our people to make their mark while making deep connections that will last a lifetime. With our passion and culture for talent, we are truly transforming the way the World acquires talent.

Our Client is one of the world's most international banks with over 1,100 branches, offices and outlets in 67 countries. They operate in some of the world's most dynamic markets and have been for over 150 years. More than 90 per cent of their income and profits are derived from Asia, Africa and the Middle East. Their brand promise, Here for good, underlines their distinctive approach.

DESCRIPTION

An experienced and dynamic professional to design, run and embed the risk processes of the TPRM Simplification change initiatives. Working with the Global Head TPRM Governance and the relevant change / programme teams, you will ensure ongoing design and implementation delivery and operational efficiency of the TPRM programme of work.

Summary:

• Responsible for TPRM Simplification risk processes design as a SME input
• Responsible for working along with TPRM Simplification programme team and RFOs to finalise the detailed design and question sets.
• Support design of inherent and residual risk methodology
• Support test and use of external data sources from identification, piloting to embedment.

Business

• Implement best practices in Third Party Risk Management process, as part of the defined programme plan
• Act as a bridge with senior leadership and key stakeholders to provide updates on progress, challenges, and successes, ensuring that transformation efforts are on track and delivering expected outcomes.
• Define and monitor key performance indicators (KPIs) ensuring continuous improvement and sustainable performance throughout the transition of the TPRM process.

Processes

• Responsible for TPRM Simplification risk processes design as a SME input in coordination with RFOs, Risk Groups and in compliance with regulatory requirements
• SME input into country process standardisation
• SME input into whitelisting for lower risk spend categories.
• SME input into developing AI uses cases for TPRM simplification.
• Responsible for working along with TPRM Simplification programme team and RFOs to finalise the detailed design and question sets.
• Support design of inherent and residual risk methodology in coordination with RFOs, Risk Groups and in compliance with regulatory requirements
• Support test and use of external data sources from identification, piloting to embedment.

Risk Management

• Ensure that the redesigned TPRM processes complies with all relevant regulatory, risk, and compliance frameworks, including those specific to the banking industry.
• Identify and mitigate risks throughout the transformation process, proactively addressing any barriers to successful implementation.

Governance

• Engage and build strong relationships with key internal stakeholders, including IT, finance, risk, compliance, and senior management, to ensure alignment of the transformation with the bank's broader objectives and regulatory frameworks.
• Analyze performance data to identify trends and implement corrective actions as needed to achieve strategic objectives.

EXPERIENCE

The role holder will have significant experience in OTCR management within the Banking industry, including relevant regulation and industry trends.  In particular, the role holder will demonstrate:

• A rigorous and analytical approach to risk management
• Experience of business partnering, including the ability to synthesise and articulate complex and technical topics clearly to diverse audiences.
• Ability to manage a diverse and challenging stakeholder community.
• Specific strong competence in the use of Excel for analysis of complex data and PowerPoint for communication purposes.
• Ideally the role holder will have specific experience of OTCR frameworks and have an in-depth knowledge of some of the key organisational and operational challenges faced by a Second-Line Risk function. 

Further, for this Advisory role they should be able to have:

• Strong knowledge of the businesses, markets and operations of the policies, procedures, and processes through which OTCR are addressed throughout the Group, with specific knowledge in Change Governance risks.
• Ability to represent the Bank with external stakeholders via Industry Forums and at key Regulatory meetings, as required.
• Ability to assess priorities and focus on detailed aspects of SME function to drive effective delivery.
• Excellent analytical skills: ability to think clearly and rigorously about how best to assess existing and emerging risks and readiness, being able to reach a pragmatic approach and direction.
• Experience of identifying risks (both existing and emerging), advising on mitigation actions, and reaching agreement with stakeholders on the management of risks and issues.
• Sound judgement and anticipation and strong integrity, independence, and resilience
• Ability to translate regulatory into business requirements for change programmes.
• Excellent English oral and written skills
• Ability to communicate and explain complicated risk issues to internal and external stakeholders in a simple and business-friendly way.
• Able to challenge constructively in a non-confrontational manner.
• Ability to participate within a multi-disciplinary team and be a strong team player.
• Ability to identify opportunities for continuous improvements.
• Degree level education or equivalent
• Relevant Industry related qualification

Tell employers what skills you have

Piloting
Analytical Approach
Anticipation
process simplification
Analytical Skills
Business Partnering
Risk
Cyber Risk
Risk Management
PowerPoint
Written Skills
Banking
Team Player
Articulate
Regulatory Requirements
Bridge
Business Requirements

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