Senior Vendor Governance Manager

2 days ago

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

Job Title: Third Party Risk Specialist

Job Description

The primary objective of this role is to oversee and manage third-party risk management activities, ensuring that the organization's vendors and partners align with its risk tolerance and governance framework.

This includes operationalizing the Third Party Risk Management Framework by implementing a robust vendor governance structure, identifying, monitoring, and reporting on key risks. The role also involves developing and establishing Key Risk Indicators (KRIs) to measure and mitigate third-party risks.

Key Responsibilities:
  • Design and implement risk control measures and best practices for due diligence, outsourcing arrangements, and third-party vendor engagement.
  • Assess and communicate third-party risk incidents, issues, and trends to stakeholders.
  • Drive timely completion of third-party risk deliverables and resolution of key risk issues.
  • Cultivate a strong third-party risk culture within the organization.
Required Skills and Qualifications:

To be successful in this role, you will need:

  • 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.
  • Strong project management skills and experience.
  • Ability to perform gap analysis of third-party risk management policies and processes against new regulatory requirements and guidelines.
Benefits:

You will have the opportunity to work on high-profile projects and develop expertise in third-party risk management. You will also be part of a collaborative and dynamic work environment, with opportunities to grow professionally and advance in your career.

Others:

In addition to the above benefits, you will need:

  • Strong oral and written communication skills.
  • Strong stakeholder management skills.
  • Culturally sensitive with ability to adapt to diverse environments.

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