Third-Party Risk Professional

7 hours ago

Singapore beBeeRiskManager Full time $90,000 - $120,000

We are seeking an experienced professional to fill a Senior Risk Manager position.

  • This role will involve implementing and maintaining risk governance and regulatory compliance frameworks and processes in the Asia Pacific region for assessing, monitoring, and reporting third-party risks associated with business operations.
  • Responsibilities include operationalizing the Third Party Risk Management Framework, formulating and maintaining policies, procedures, and standards to meet regulatory requirements, and working closely with stakeholders to implement appropriate risk governance/oversight.
  • Additional duties include designing and establishing key risk indicators (KRIs), implementing risk control measures, and best practices such as due diligence for third-party service providers and outsourcing arrangements.
  • The successful candidate will also be responsible for driving timely completion of third-party risk deliverables, resolving key risk issues, and performing assessments of third-party risk incidents, issues, and trends.
  • Cultivating and promoting a strong third-party risk culture is also essential for this role.
Requirements:
  • Good knowledge of outsourcing/third-party and operational risk requirements and industry standards.
  • Minimum 2-3 years of 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 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.

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