Strategic Risk Manager

5 days ago

Singapore LICO RESOURCES PTE. LTD. Full time
Job Opportunity

We are seeking an experienced Strategic Risk Manager - Vendor Oversight to join our team at LICO RESOURCES PTE. LTD. The successful candidate will have the opportunity to shape and strengthen our client's risk management landscape, especially within the rapidly evolving area of outsourcing and third-party risk.

About the Role

This is a key position in our Enterprise Risk function, responsible for protecting and enhancing our client's third-party risk framework and oversight across diverse global operations. As a Strategic Risk Manager - Vendor Oversight, you will work closely with multiple departments to ensure thorough risk assessment and control processes, providing critical insights and acting as a steward of best practices in third-party risk management.

Key Responsibilities:

  • Maintain up-to-date knowledge of industry regulations and best practices, offering expert guidance on third-party risk management across regions where the organisation operates.
  • Act as the gatekeeper of the Vendor-Managed Services Policy, ensuring alignment and compliance across the organisation.
  • Support the Outsourcing Committee, including secretariat functions, and assist engagement owners in assessing risk levels for vendor engagements.
  • Conduct comprehensive due diligence on vendors, including assessing performance, operational controls, and security protocols.
  • Collaborate with various stakeholders on resolving issues identified during due diligence or audits.
  • Lead independent reviews to ensure adherence to vendor management policies, including monthly key risk indicator reporting.
  • Support broader enterprise risk management functions, such as risk assessments, root cause analysis of incidents, and process improvement initiatives.
  • Conduct regular training sessions to elevate risk awareness within the organisation.


What You Need to Succeed:

To excel in this role, you will require:

  • A Bachelor's degree in a relevant field, with a solid background in third-party vendor and outsourcing risk management within financial institutions.
  • Deep understanding of regulatory requirements, such as MAS guidelines on Outsourcing, Technology Risk, and Business Continuity, as well as industry standards on cybersecurity and data protection.
  • Strong communication skills, with a proven ability to coordinate across multiple teams and deliver concise, actionable insights.
  • An analytical mindset with the ability to make sound judgments, backed by data, in a fast-paced environment.
  • Skilled in building relationships and managing stakeholder expectations effectively.
  • A dependable team player who demonstrates resilience and commitment under pressure, while able to work independently.


Compensation Package:

The estimated annual salary for this role is $120,000-$180,000, depending on experience.

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