Risk Management Associate
3 weeks ago
GIC Private Limited, a leading global long-term investor, is seeking a highly skilled Associate or AVP to join its Corporate Administration Infrastructure Department. As a key member of the Enterprise Sourcing and Procurement team, you will play a pivotal role in supporting GIC's goals by delivering strategic value and operational excellence through optimizing procurement processes, ensuring robust supplier relationships, and driving cost-effective solutions.
Key Responsibilities:- Develop and implement vendor risk management policies and procedures to ensure compliance with regulatory requirements and industry standards.
- Conduct thorough risk assessments of potential third-party vendors and suppliers to evaluate their financial stability, operational capabilities, security protocols, and overall risk exposure.
- Develop and maintain onboarding processes for new vendors in accordance with relevant regulatory guidelines and industry best practices.
- Oversee the implementation of risk mitigation plans and controls to address identified vulnerabilities and minimize potential disruptions to business operations.
- Monitor regulatory developments and industry trends related to vendor/third-party risk management and proactively refine policies and procedures as necessary.
- Bachelor's degree in Risk Management, Finance, or a related field.
- 5 to 8 years of experience in third-party risk management, vendor management, or related fields within financial services.
- Strong understanding of regulatory requirements and industry standards related to third-party risk management.
- Proven ability to develop and implement risk management frameworks and strategies in a corporate environment.
- Excellent analytical skills with the ability to assess complex situations and make informed decisions.
- Strong customer-orientation, interpersonal, and communications skills, with the ability to manage key business stakeholders across different job levels and collaborate with team members.
GIC is a leading global long-term investor, with over 2,000 employees across 11 offices worldwide. We invest in more than 40 countries globally across asset classes and businesses. As a member of our team, you will have the opportunity to work with a diverse group of professionals and contribute to our mission of delivering long-term value to our stakeholders.
We strive to create a work environment that is inclusive, collaborative, and supportive. Our teams come into the office four days per week to harness the benefits of in-person collaboration, but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.
GIC is an equal opportunity employer, and we value diversity. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
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