Vice President, Third Party Risk Management

3 days ago

Singapore Sumitomo Mitsui Banking Corporation Full time

**Responsibilities**
- Operationalize Third Party Risk Management framework for APAC (risk identification/ assessment/ 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 (e.g. Due Diligence for Third-Party Service Providers/Outsourcing arrangements) with Operational Resilience (i.e. BCM, Technology Risk and Operational Risk) in mind
- Drive timely completion of Third Party risk deliverables and resolution of key risk issues.
- Reporting to senior management at risk management committees.
- Cultivate and promote a strong Third Party risk culture.

**Requirements**:

- Good knowledge of outsourcing/third party, technology and operational risk requirements and industry standards, such as MAS TPRM/TRM guidelines, ITIL, SAS, NIST, ISO27001/2
- Minimum 3 years experience in vendor/ third party, IT / Cloud outsourcing or operational risk management, preferably in banking or financial services.
- Certifications such as CTPRP, CTPRA, CISSP, CRISC, CRCM, as well as CISSP, CISA, CISM and CRISC would be advantageous.
- Good project management skills and experience a plus
- 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 and people management skills.
- Culturally sensitive and good leadership qualities.

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