Director Third Party Due Diligence
1 week ago
**Director Third Party Due Diligence (TPDD)**
- **Opportunity in a world class organization**:
- **
**Lead our TPDD efforts for commercial business**:
- **
**Based in Singapore Commercial hub**
**About the role**
We are looking for a Director Third Party Due Diligence to join the Ethics & Compliance senior leadership team and manage the Third Party Due Diligence (TPDD) Programme.
The role is responsible for leading, designing and implementing the overall strategy of the Due Diligence (DD) programme, championing both an effective risk
- and value-based and efficient process. In addition to managing the DD team, this role is required to work closely with the broader Ethics & Compliance team, Commercial (inclusive of Procurement), Legal, and various stakeholders within Business Units to ensure the DD process remains aligned with the broader group strategy and risk appetite. The Director Third Party Due Diligence will guide strategic changes and transformation of Rio Tinto’s TPDD programme.
This role requires someone who is motivated in partnering to drive and deliver a fit-for-purpose, risk-based programme working with a diverse portfolio and leading a global team. The role is a great opportunity for an experienced DD professional to play a critical role in driving transformation of the DD programme.
Reporting to the Chief Ethics and Compliance Officer, you will:
- Continue to develop the design of Rio Tinto’s TPDD programme, procedures, processes and implement technology solutions;
- Lead and provide oversight / direction to the DD team to effectively and efficiently assess third parties in order to identify and work with appropriate stakeholders to mitigate risk;
- Provide leadership to advance the TPDD program consistent with changing regulations and complexity of the third-party risk management landscape;
- Acting as a change agent in transforming the due diligence programme to uplift efficiency and effectiveness of the TPDD operating model;
- Evolving and embedding the third party due diligence programme within the end to end third party management process (e.g. for suppliers, customers) and further integrating into Rio Tinto’s broader governance and risk management processes;
- Promoting stakeholder engagement and relationships across several functional areas (e.g. Commercial, Marine, Procurement, Business, Legal etc.) in order to ensure appropriate stakeholder participation in evaluation of third-party risk assessments;
- Manage supplier relationships with TPDD technology and service provides to ensure these solutions / services are effectively leveraged;
- Maintaining a sound understanding of Group strategy, risk appetite and applicable laws and regulations to inform the TPDD programme;
- Providing TPDD-related reporting to business stakeholders or the Chief Ethics & Compliance Officer as required;
- Overseeing the design and delivery of TPDD awareness and training across the business; and
- Supporting the broader Ethics & Compliance strategy.
**About you**
**To be successfully considered for this role, you will have**:
- 10+ years experience in a professional environment, legal or regulatory compliance role as a Due Diligence Professional and third party risk management/supplier assurance/KYC
- Prior experience implementing or leading transformation of DD programmes;
- Excellent working knowledge in performing due diligence, and a strong sense of risk relating to Anti-bribery & Corruption, Third party regulatory requirements, Sanctions, Anti-money Laundering and Modern Slavery;
- Advanced knowledge and experience using Compliance/Due Diligence platforms of third parties, acquiring data such as company information, corporate structures, sanctions and regulatory findings and adverse media;
- Excellent communication, interpersonal, leadership, coaching and conflict resolution skills;
- Experience with extractive industry business operations, logistics or supply chain is advantageous;
- Excellent analytical capability, attention to detail and ability to manage multiple work-streams;
- Ability to realize change, identify obstacles and improvements and deliver fit-for-purpose solutions thereto; and
- High level of personal integrity consistent with Rio Tinto’s values.
**Where you will be working**
**Rio Tinto Ethics & Compliance team’s **mission is to provide and assure an effective business integrity compliance program across the Rio Tinto Group, ensuring that employees, and third parties working on behalf of Rio Tinto, conduct business in an ethical and compliant manner in the countries where we operate and comply with Rio Tinto’s code of conduct (_The way we work_), policies and standards.
**About us**
**_As pioneers in mining and metals, we produce materials essential to human progress._**
Aluminium for cars and smartphones. Copper for wind turbines, electric cars and the pipes that bring water to our home. Iron ore to shape our city skylines. Borates that help crops grow, ti
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