IT Vendor Governance Specialist
6 days ago
Job Overview
This role is pivotal in managing third-party IT risks, ensuring compliance with regulatory requirements and performance standards while driving robust vendor governance frameworks and continuous improvement initiatives.
- Support the end-to-end vendor risk management process, including onboarding/offboarding, due diligence, performance tracking, and compliance monitoring.
- Conduct and support third-party risk management audits and outsourcing audits in line with MAS requirements.
- Monitor vendor compliance against regulatory, contractual, and operational obligations.
- Serve as a 1.5/2nd line of defense providing independent challenge, oversight, and assurance over vendor risk controls implemented by the business.
- Assist in developing and enhancing vendor management policies and procedures, ensuring alignment with MAS TRM and other relevant guidelines.
- Prepare vendor performance, compliance, and risk reports for management review.
- Collaborate with IT, Risk, Compliance, and Procurement teams to ensure effective vendor oversight.
Requirements:
- Bachelor's degree in IT, Risk Management, Business Administration, or related field.
- Minimum 4 years of experience in IT risk, audit, compliance, and/or vendor management.
- Hands-on experience with MAS third-party risk management audits and outsourcing audits is required.
- Good understanding of MAS TRM Guidelines and regulatory obligations for outsourcing arrangements.
- Strong analytical, communication, and stakeholder management skills.
- Team player, eager to grow in vendor and outsourcing risk management role.
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