Strategic Risk Management Specialist

4 days ago


Singapore LICO RESOURCES PTE. LTD. Full time
Company Overview:
Lico Resources PTE. LTD., a leading provider of recruitment services, is seeking an experienced Strategic Risk Management Specialist to join their team.

Job Description:
This role offers an exceptional opportunity for a skilled risk management professional to contribute significantly to protecting and enhancing the client's third-party risk framework and oversight across diverse global operations. As a key member of the enterprise risk team, you will work closely with multiple departments to ensure thorough risk assessment and control processes, providing critical insights and acting as a steward of best practices in third-party risk management.

Key Responsibilities:
  • Maintain up-to-date knowledge of industry regulations and best practices, offering expert guidance on third-party risk management across regions where the organisation operates.
  • Act as the gatekeeper of the Vendor-Managed Services Policy, ensuring alignment and compliance across the organisation.
  • Support the Outsourcing Committee, including secretariat functions, and assist engagement owners in assessing risk levels for vendor engagements.
  • Conduct comprehensive due diligence on vendors, including assessing performance, operational controls, and security protocols.
  • Collaborate with various stakeholders on resolving issues identified during due diligence or audits.
  • Lead independent reviews to ensure adherence to vendor management policies, including monthly key risk indicator reporting.
  • Support broader enterprise risk management functions, such as risk assessments, root cause analysis of incidents, and process improvement initiatives.
  • Conduct regular training sessions to elevate risk awareness within the organisation.

Required Skills and Qualifications:
For this role, we are looking for a candidate with:

  • Bachelor's degree in a relevant field, with a solid background in third-party vendor and outsourcing risk management within financial institutions.
  • Deep understanding of regulatory requirements, such as MAS guidelines on Outsourcing, Technology Risk, and Business Continuity, as well as industry standards on cybersecurity and data protection.
  • Strong communication skills, with a proven ability to coordinate across multiple teams and deliver concise, actionable insights.
  • An analytical mindset with the ability to make sound judgments, backed by data, in a fast-paced environment.
  • Skilled in building relationships and managing stakeholder expectations effectively.
  • A dependable team player who demonstrates resilience and commitment under pressure, while able to work independently.

Benefits:
The successful candidate will have the opportunity to shape and strengthen our client's risk management landscape, especially within the rapidly evolving area of outsourcing and third-party risk. This role also offers a competitive salary of SGD 120,000 - SGD 180,000 per annum, depending on experience.

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