Third Party Risk Management Specialist
4 weeks ago
We are seeking a highly skilled Third Party Risk Management Specialist to join our team in APAC. As a key member of our TPRM team, you will be responsible for ensuring the outsourcing activities comply with relevant regulations and laws, align with internal policies and procedures, and are effectively governed to minimize risk exposure in the regional level.
Key Responsibilities- Outsourcing Risk Communication and Remediation Support
You will facilitate the presentation of regional outsourcing risk profiles locally and provide support for outsourcing-related remediation activities, ensuring that control measures are fit for purpose and meet country-specific requirements and align with global program.
- Support with Risk Appetites and KRIs
You will assist in establishing and defining the risk appetite for entities, ensuring alignment with overall business objectives and risk management strategies. You will also perform KRIs mapping to identify and monitor key risk indicators.
- Global-Regional Coordination and Oversight
You will lead global coordination efforts of TPRM program regionally, overseeing the alignment of policies and procedures with regulatory requirements, supporting regional teams in their TPRM activities, and providing oversight for policy adherence and procedure effectiveness.
- Regional Compliance and Regulatory Expertise
You will maintain up-to-date knowledge of relevant regional outsourcing regulations globally and related laws affecting third-party risk management. You will ensure the TPRM program aligns with regional regulatory requirements and best practices, and design a strategic foundation for building processes and operationalizing relevant regulatory expectations.
- Reporting and Audits
You will support regulatory reporting requirements, Risk Committees and local Boards, ensuring that information regarding critical vendors are presented and with the updated risk status, maintaining local outsourcing registers in compliance with regulatory mandates is accurately and timely reported and communicated.
- Support and Collaboration with Regional Teams
You will coordinate with regional teams to identify and address regional issues and challenges in the TPRM area, ensuring that the Wise's third-party risk management efforts are cohesive and aligned across all operational areas and regions.
- Build Third Party Risk Awareness and Trainings
You will build and embed a culture of awareness about third-party processes, and deliver training and workshops to stakeholders involved in managing third-party relationships, continuously improving their understanding of processes and the TPRM program.
This is a challenging and rewarding role that requires a strong understanding of outsourcing risks, compliance knowledge, and excellent communication and project management skills. If you are a motivated and detail-oriented individual who is passionate about risk management, we encourage you to apply.
What We Offer- Starting salary: 6300
- Company Restricted Stock Units
- Numerous great benefits in our Singapore office
We are an equal opportunities employer and welcome applications from all qualified candidates. We are committed to diversity and inclusion and believe that a diverse and inclusive workplace is essential to our success.
Please note that we do not accept applications from recruitment agencies. We are an equal opportunities employer and welcome applications from all qualified candidates.
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