VP/ SVP, Third Party Risk Management, EASRE, Group Technology
2 months ago
Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Group Technology enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group Technology, we manage the Bank's Technology operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Job Purpose
The incumbent is expected to lead a team, establish and oversees the third party risk standards, governance processes, promotes risk awareness, culture and provide directions to manage inadequate controls over third party and outsourcing risks. Additionally, the incumbent is to lead a team to oversee the Group Technology third party management including outsourcing risk governance. The incumbent will play an active role working in a dynamic environment with the service delivery teams to embed controls in their processes and operations in managing third party services. The incumbent needs to have analytical skills to assess information and identify potential risks, possess problem-solving skills and be inquisitive on risks and controls issues and rationalize their mitigation. Communication skills are important, because he/she must develop clear protocols, inform management about potential risk issues and relay information as well as impact about policy changes effectively.
Job Description Summary
- Governance of service delivery management by SDM with periodic monitoring and reporting of third party including outsourcing risks, including risk arising from service level failures
- Lead a team to support and provide direction to service delivery managers to execute and complete all outsourcing risk and control assessments, as well as engaging service delivery teams with the objectives of identifying risks, controls, and operational lapses.
- Advising Technology staff of potential concentration risk of third party arrangements including outsourcing to the service providers
- Monitor and assess effectiveness of the Group's third party management approach, process and risk controls.
- Review, assess and recommend approval of material third party outsourcing arrangements
- Review, monitor and assess the aggregated Group-wide outsourcing portfolio for concentration risks and provide guidance for the management of concentration risk or assess opportunities to rationalize and de-risk
- Provide direction for resolution of escalated key issues and risks. To monitor issue resolution for escalated unresolved risk and control issues relating to third party and outsourcing that could potentially impact the Group Technology
- Discuss key third party and outsourcing issues/ challenges and review key statistics (e.g. total outsourcing arrangements at Group Technology level or relating to specific outsourced service provider(s)), major events and operational/business impacts (e.g., due to service level breaches, overdue deliverables, etc.) which resulted in financial, operational, legal/regulatory and reputational losses
- Review and highlight new non-material outsourcing arrangements to the relevant management committees to provide a perspective of new outsourced activities in the Group
- Establish and maintain the third party and outsourcing management related frameworks to ensure that it continues to be relevant, current and effective
- Reporting and analytics on third party arrangements including outsourcing arrangements
- Liaison with stakeholders (unit outsourcing the activities) and key SMEs (FCSS, ISS, GBCM, GORM, Tech Risk Management, Operations Risk Management, RMG, Compliance) on risk and control matters and ad-hoc projects / rationalization.
- Relevant university degree in Information Technology or Computer Science, experience in banking, third party or vendor risk management (preferred) with total 10 - 15 years of experience in service delivery management
- Professional Certification preferred - CISA/CISM/CISSP/CRISC/CBCP.
- Demonstrate good understanding of third party including outsourcing, service provider management, outsourcing and banking regulatory as well as experience in risk and governance activities.
- Demonstrated hands-on experience in identifying, assessing, treating, monitoring, reporting and advising on operational risk management
- Excellent organizational, problem solving, interpersonal and operating skills to effectively drive risk agenda
- Good working knowledge of Business Intelligence (BI) tools such as Tableau, Power BI to analyse trends, anomalies and behaviours for risk and control reporting.
- Good planning and other project management skills, including strong organisation skills.
- Must be solutions oriented, ability to work and communicate with all levels of management and staff.
- Self-driven, passionate about hands-on
- Performance-oriented individuals who is passionate about driving change through innovation.
-
Singapore DBS Bank Limited Full timeVP, Technology Risk Management, Third Party Risk Manager, EASRE Business Function: Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the...
-
Singapore DBS Bank Full timeSVP, Technology Risk Manager, EASRE, Group Technology Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational...
-
Singapore DBS Bank Limited Full timeVP, Technology Risk Management, Third Party Risk Manager, EASREBusiness Function:Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the...
-
Singapore DBS Bank Limited Full timeVP, Technology Risk Manager, EASRE, Group Technology VP, Technology Risk Manager, EASRE, Group Technology Business Function Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In...
-
VP, Third-Party and Outsourcing Risk Management
2 months ago
Singapore United Overseas Bank Full timeVP, Third-Party and Outsourcing Risk Management Posting Date: 8 Oct 2024 Location: Singapore, SG 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, Europe and North America. In Asia, we...
-
Third Party Risk Management Specialist
2 weeks ago
Singapore TD Bank Group Full timeJob Summary: TD Bank Group is seeking a skilled Third Party Risk Management Specialist to join our team in Singapore. As a key member of our Vendor Management team, you will play a critical role in ensuring the effective management of third-party relationships across the organization.Key Responsibilities: Develop and implement effective third-party risk...
-
Singapore DBS Bank Full timeAt DBS Bank, we are looking for a seasoned professional to lead our Third Party Risk Management team in Group Technology and Operations.About the RoleWe offer a competitive salary of SGD 240,000 per annum, commensurate with experience, plus benefits.Job Description SummaryGovernance of service delivery management by SDM with periodic monitoring and reporting...
-
Third Party Risk Management Specialist
2 weeks ago
Singapore DBS Bank Limited Full timeJob PurposeThe role of the Third Party Risk Management Specialist is to lead a team in establishing and overseeing third party risk standards, governance processes, and promoting risk awareness and culture.The Specialist will also oversee Group Technology third party management, including outsourcing risk governance, and work closely with service delivery...
-
Singapore DBS Bank Limited Full timeBusiness Function Risk Management Group works closely with our business partners to manage the bank's risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a...
-
Svp/ vp, technology risk management
2 days ago
Singapore Risk & Insurance Management Society Inc Full timeBusiness Function Risk Management Group works closely with our business partners to manage the bank's risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a...
-
AVP, Third Party Risk Management
3 months ago
Singapore Mizuho Bank Full timeOverview of Division/Department Operational Risk Management (OPRM) is to support the strategic objectives and plans set forth by the management of Singapore Administration Department. OPRM is responsible for planning, promoting and coordinating activities necessary to maintain and improve the quality of Mizuho's operational infrastructures. Its primary...
-
VP, DevOps Lead, EASRE, Group Technology
2 months ago
Singapore DBS Bank Limited Full timeBusiness Function Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business...
-
Singapore DBS Bank Full timeOperational Risk Management ExpertiseWe are seeking a seasoned operational risk manager to join our team as a Lead Operational Risk Manager for Third Party Management. This role is responsible for developing and implementing the Third Party Risk Management program across the bank.About the RoleIn this critical position, you will be accountable for managing...
-
Vp/svp, data translator, technology
7 days ago
Singapore DBS Bank Limited Full timeVP/SVP, Data Translator, Technology & Operations Data Chapter, Group Transformation VP/SVP, Data Translator, Technology & Operations Data Chapter, Group Transformation VP/SVP, Data Translator, Technology & Operations Data Chapter, Group Transformation Business Function Group Technology and Operations (T&O) Data Chapter is committed to building maximising...
-
Assistant vice president
2 days ago
Singapore This Is An IT Support Group Full timeThe Singapore Third-Party Management is accountable for driving execution of Citi's TPM Program within Singapore and leading a team of professionals to maintain conformance to Group Policies and Local Regulatory requirements.Procurement and Third-Party Management (P&TPM) is responsible for procuring products and services for Citigroup and managing the...
-
Vp, Project Manager
6 months ago
Singapore DBS Bank Full timeRole of Business Practice team The Business Practice team team will be the cornerstone of EASRE by being the voice of LOBT practitioners and actively participating in the co-creation, design, and execution of the enterprise objectives. These objectives are around a few key missions: Modernizing applications with tangible outcomes in terms of time to...
-
Vp/svp, data translator, technology
1 day ago
Singapore DBS Bank Limited Full timeVP/SVP, Data Translator, Technology & Operations Data Chapter, Group TransformationVP/SVP, Data Translator, Technology & Operations Data Chapter, Group TransformationVP/SVP, Data Translator, Technology & Operations Data Chapter, Group Transformation Business FunctionGroup Technology and Operations (T&O) Data Chapter is committed to building maximising key...
-
Singapore Scotiabank Full timeOverviewThis role contributes to the overall success of the GBM Internal Control team in Asia Pacific by working with GBM Asia Pacific management to ensure business strategies, goals, and core values are executed/delivered in alignment with GBM's strategies and in compliance with governing regulations, internal policies, and procedures.Main...
-
Third Party Risk Management Specialist
3 weeks ago
Singapore Wise Full timeAbout the RoleWe are seeking a highly skilled Third Party Risk Management Specialist to join our team in APAC. As a key member of our TPRM team, you will be responsible for ensuring the outsourcing activities comply with relevant regulations and laws, align with internal policies and procedures, and are effectively governed to minimize risk exposure in the...
-
Singapore DBS Bank Limited Full timeJob Summary: Technology is key to enabling the DBS vision of being the leading bank in Asia. We are constantly challenged by changes in technology advancements and increasing customer sophistication and demands. We need strong Technology Risk Managers to ensure we have a robust environment to meet the challenges ahead. As a member of the Technology Risk...
