Head of Third Party Risk Management, Technology and Operations

1 month ago

Singapore DBS Bank Full time

At DBS Bank, we are looking for a seasoned professional to lead our Third Party Risk Management team in Group Technology and Operations.

About the Role

We offer a competitive salary of SGD 240,000 per annum, commensurate with experience, plus benefits.

Job Description Summary

  1. 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.
  2. 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.
  3. Advising Technology staff of potential concentration risk of third party arrangements including outsourcing to the service providers.
  4. Monitor and assess effectiveness of the Group's third party management approach, process and risk controls.
  5. Review, assess and recommend approval of material third party outsourcing arrangements.
  6. 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.

Key Accountabilities

  1. 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.
  2. 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.
  3. Review and highlight new non-material outsourcing arrangements to the relevant management committees to provide a perspective of new outsourced activities in the Group.
  4. Establish and maintain the third party and outsourcing management related frameworks to ensure that it continues to be relevant, current and effective.
  5. Reporting and analytics on third party arrangements including outsourcing arrangements.
  6. 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.

Requirements

  1. 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.
  2. Professional Certification preferred – CISA/CISM/CISSP/CRISC/CBCP.
  3. Demonstrate good understanding of third party including outsourcing, service provider management, outsourcing and banking regulatory as well as experience in risk and governance activities.
  4. Demonstrated hands-on experience in identifying, assessing, treating, monitoring, reporting and advising on operational risk management.
  5. Excellent organizational, problem solving, interpersonal and operating skills to effectively drive risk agenda.
  6. Good working knowledge of Business Intelligence (BI) tools such as Tableau, Power BI to analyse trends, anomalies and behaviours for risk and control reporting.
  7. Good planning and other project management skills, including strong organisation skills.
  8. Must be solutions oriented, ability to work and communicate with all levels of management and staff.
  9. Self-driven, passionate about hands-on
  10. Performance-oriented individuals who is passionate about driving change through innovation.

  • Vice president, technology risk management, third party risk manager, easre, technology

    2 months ago

    Singapore DBS Bank Limited Full time

    VP, 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...

  • Audit Manager, Third Parties and Operational Risk

    2 weeks ago

    Singapore STANDARD CHARTERED BANK Full time

    Roles & ResponsibilitiesJob Summary Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic Audit Manager to join our Third Parties and Operational Risk Team. This is a role that provides exposure to auditing and risk management of Third Party and Operational risks at a global scale and offers...

  • Audit Manager, Third Parties and Operational Risk

    1 week ago

    Singapore STANDARD CHARTERED BANK Full time

    Roles & ResponsibilitiesJob Summary Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic Audit Manager to join our Third Parties and Operational Risk Team. This is a role that provides exposure to auditing and risk management of Third Party and Operational risks at a global scale and offers...

  • VP, Operational Risk Manager, Third Party Risk Management, Risk Management Group

    2 weeks ago

    Singapore DBS Bank Limited Full time

    DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific....

  • VP/ AVP, Operational Risk Manager, Third Party Risk Management, Risk Management Group

    4 months ago

    Singapore DBS Bank Limited Full time

    Business 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...

  • Chief Risk Governance Specialist, Third Party Management

    1 week ago

    Singapore DBS Bank Limited Full time

    The Risk Management Group at DBS Bank Limited works closely with our business partners to manage the bank's risk exposure by striking a balance between maximising returns and an acceptable risk profile. We collaborate with origination teams to provide financing, investments, and hedging opportunities to our customers.As a Third Party Risk Manager, you will...

  • Secur Solutions Group | Risk Services

    1 week ago

    Singapore Secur Solutions Group Full time

    Line of Service Assurance Industry/Sector FS X-Sector Specialism Cybersecurity & Privacy Management Level Manager Job Description & Summary About Us Join our diverse, global community at PwC, where we solve important problems together. You'll develop your unique skills in exciting ways, powered by technology. Our Risk Services Practice provides critical...

  • Senior Third-Party Risk Management Specialist

    3 weeks ago

    Singapore LICO RESOURCES PTE. LTD. Full time

    About the RoleWe are seeking an experienced Senior Third-Party Risk Management Specialist to join our team at LICO RESOURCES PTE. LTD.The estimated salary for this position is SGD 120,000 - 180,000 per annum, depending on experience.Job DescriptionCompany Overview:LICO RESOURCES PTE. LTD. is a leading provider of recruitment services in the financial...

  • Third Party Risk Management Specialist

    1 month ago

    Singapore TD International Services Limited Full time

    Job OverviewWe are seeking an experienced Third Party Risk Management Specialist to join our team at TD International Services Limited. This is a challenging and rewarding role that requires strong analytical skills, attention to detail, and excellent communication abilities.Key Responsibilities:Manage Third-Party Business Arrangements through all stages of...

  • Senior Risk Management Specialist, Third Party Oversight

    1 month ago

    Singapore Scotiabank Full time

    OverviewThis 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...

  • Standard Chartered Bank | Audit Manager, Third Parties and Operational Risk

    1 week ago

    Singapore Standard Chartered Bank Full time

    Job Summary Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic Audit Manager to join our Third Parties and Operational Risk Team. This is a role that provides exposure to auditing and risk management of Third Party and Operational risks at a global scale and offers significant career development opportunities....

  • Third Party Management Specialist

    2 months ago

    Singapore TD International Services Limited Full time

    Job Profile SummaryAt TD International Services Limited, we are seeking an experienced professional to join our Vendor Management team as a Third Party Management Specialist. In this role, you will be responsible for managing Third Party Business Arrangements throughout their lifecycle, ensuring alignment with relevant frameworks, policies, and standards.Key...

  • Risk Management Expert

    1 month ago

    Singapore TD International Services Limited Full time

    About UsTD International Services Limited is a leading global financial institution, renowned for delivering exceptional customer experiences. With over 27 million households and businesses in Canada, the United States, and around the world, we are committed to being a leader in customer experience.Total Rewards PackageWe offer a comprehensive Total Rewards...

  • Third Party Risk Management Lead

    1 month ago

    Singapore IHiS Full time

    Company OverviewIHiS is a leading provider of innovative healthcare solutions, and we are seeking an experienced Third Party Risk Management Lead to join our team.Salary Range$120,000 - $180,000 per annum, depending on experience.About the RoleThis is a critical position that requires a seasoned professional to design, integrate, deploy and maintain a...

  • Assistant Vice President

    3 weeks ago

    Singapore Citi Full time

    The Singapore Third-Party Management is accountable for drive execution of Citi's TPM Program within Singapore and lead 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 manages the risk...

  • Assistant Vice President

    1 month ago

    Singapore Citi Full time

    The Singapore Third-Party Management is accountable for drive execution of Citi's TPM Program within Singapore and lead 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 manages the risk...

  • Operational Risk Manager

    2 months ago

    Singapore DBS Bank Limited Full time

    Job Title: VP/AVP, Operational Risk Manager, Third Party Risk Management, Risk Management GroupAbout the RoleDBS Bank Limited is seeking a highly skilled and experienced Operational Risk Manager to join our Risk Management Group. As a key member of our team, you will be responsible for developing and implementing the Third Party Risk Management (TPRM)...

  • Enterprise Risk

    1 week ago

    Singapore LICO RESOURCES PTE. LTD. Full time

    Roles & ResponsibilitiesLico Resources is collaborating with a prominent listed financial institution known for its strong presence in the global market. As they continue expanding their enterprise risk functions, we seek experienced professionals passionate about risk management and adept at navigating complex risk landscapes.The OpportunityThis position...

  • Enterprise Risk

    1 month ago

    Singapore LICO RESOURCES PTE. LTD. Full time

    Roles & ResponsibilitiesLico Resources is collaborating with a prominent listed financial institution known for its strong presence in the global market. As they continue expanding their enterprise risk functions, we seek experienced professionals passionate about risk management and adept at navigating complex risk landscapes.The OpportunityThis position...

  • Citibank (Switzerland) AG | Assistant Vice President - Third Party Risk Management (Singapore)

    1 week ago

    Singapore Citibank (Switzerland) AG Full time

    Assistant Vice President - Third Party Risk Management (Singapore)The 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...