Third Party Risk Management Specialist

4 days ago


Singapore DBS Bank Limited Full time
Job Purpose

The 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 teams to embed controls in their processes and operations.

Key responsibilities include:

  • Governance of service delivery management by SDM with periodic monitoring and reporting of third party including outsourcing risks.
  • Leading a team to support and provide direction to service delivery managers to execute and complete all outsourcing risk and control assessments.
  • Advising Technology staff of potential concentration risk of third party arrangements including outsourcing to the service providers.
  • Monitoring and assessing the effectiveness of the Group's third party management approach, process, and risk controls.
  • Reviewing, assessing, and recommending approval of material third party outsourcing arrangements.

Requirements:

  • Relevant university degree in Information Technology or Computer Science.
  • Professional Certification preferred - CISA/CISM/CISSP/CRISC/CBCP.
  • Good understanding of third party including outsourcing, service provider management, outsourcing, and banking regulatory as well as experience in risk and governance activities.
  • 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.


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