Avp, Third Party Risk, Risk Management Department
5 days ago
**Responsibilities**
- Operationalize Third Party Risk management framework (vendor governance and compliance framework, risk identification/ monitoring/ reporting, policies, procedures, standards) and exercise oversight of all third party risk management activities.
- Design, determine and establish KRIs, implement risk control measures and best practices (eg. Due Diligence for Third-Party Service Providers/Outsourcing arrangements).
- Drive timely completion of third party risk deliverables and resolution of key risk issues.
- Cultivate and promote a strong third party risk culture.
**Requirements**:
- Good knowledge of outsourcing/third party and operational risk requirements and industry standards.
- Minimum 5 years 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.
- Good project management skills and experience.
- Ability to perform gap analysis of third party risk management policies and processes against new regulatory requirements and guidelines.
- Self-starter and a critical thinker.
- Proactive, resourceful and able to think and act strategically and tactically.
- Able to multi-task and work independently under tight timelines.
- Strong oral and written communication skills.
- Strong stakeholder management skills.
- Culturally sensitive.
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