Third Party Risk Management Specialist
3 days ago
We are seeking a highly skilled professional to join our team in the capacity of Third Party Risk Management Specialist.
">Job Description:
The ideal candidate will have a strong background in operational risk management, with experience in implementing and exercising oversight of third party risk management activities. This includes designing, determining and establishing key risk indicators, implementing risk control measures and best practices, such as due diligence for third-party service providers and outsourcing arrangements.
The successful candidate will also be responsible for driving timely completion of third party risk deliverables and resolution of key risk issues, as well as performing assessment of third party risk incidents, issues and trends. Additionally, they will communicate technical concepts to non-technical audiences and provide advisory services as a subject matter expert.
Key Responsibilities:
- Operationalize Third Party Risk management framework (vendor governance and compliance framework, risk identification/monitoring/reporting, policies, procedures, standards)
- Design, determine and establish KRIs, implement risk control measures and best practices
- Drive timely completion of third party risk deliverables and resolution of key risk issues
- Perform assessment of third party risk incidents, issues and trends
Required Skills and Qualifications:
The successful candidate should have good knowledge of outsourcing/third party and operational risk requirements and industry standards. A minimum of 2-3 years of experience in outsourcing, procurement, vendor/third party or operational risk management, preferably in banking or financial services, is required. Certifications such as CTPRP, CTPRA, CISSP, CRISC, CRCM would be advantageous.
Benefits:
- Good project management skills and experience
- Able to perform gap analysis of third party risk management policies and processes against new regulatory requirements and guidelines
- Self-starter and critical thinker
- Proactive, resourceful and able to think and act strategically and tactically
Tell Employers What Skills You Have:
Able To Multitask, Due Diligence, Outsourcing, Risk Control, Risk Management, Procurement, Cross-cultural Communication Skills, Banking, Regulatory Requirements, Stakeholder Management, Oral & Written Communication Skills, Financial Services
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