Avp, Supplier Risk

1. Supplier Risk Framework & Governance* Maintain and update the supplier segmentation model (high, medium, low risk) aligned with Procurement?s risk-based management framework.* Partner Risk Management Group, Compliance, and Legal to align procurement processes with MAS 654/658 and Outsourcing Guidelines.* Define and maintain supplier risk KPIs, dashboards, and reporting cadence at the appropriate Risk Forums. 2. Due Diligence & Risk Assessment* Develop and maintain due diligence governance across procurement lifecycle.* Ensure risk mitigation actions are tracked to closure.* Support risk evaluation/review with key stakeholders, aligning with Third Party Risk Management (TPRM) requirementsf or new and renewing suppliers, ensuring proper documentation and escalation where required.
3. Ongoing Monitoring & Control* Manage ongoing supplier risk monitoring, leveraging AI-enabled tools for adverse news, sanctions, and financial alerts.* Escalate emerging risks or supplier deterioration to relevant business and risk stakeholders.* Partner with category managers and TPRM teams on remediation plans and exit strategies for high-risk suppliers.* Prepare periodic reports for management assurance reviews. 4. Continuous Improvement & Collaboration* Drive process improvements to streamline supplier risk reviews and automate repetitive steps through workflow tools (e.g., WorkFlow WorkBench-WFWB, CLMS, Coupa).* Collaborate with GPS Digital Enablement and Control Tower teams to enhance data quality and analytics for supplier intelligence.
Qualifications & Experience* Bachelor?s Degree in Business, Supply Chain, Risk Management, or related discipline.* Minimum 8?10 years of procurement in critical infra, or operational categories or risk management experience, ideally in financial services or multinational organizations.* Strong knowledge of MAS TPRM and Outsourcing requirements preferred* Proven track record in managing supplier risk and due diligence governance.* Proficiency in digital procurement tools (e.g., Coupa) and data visualization platforms (e.g., Tableau). Key Competencies* Strategic thinking and ability to connect supplier risk with business continuity.* Strong stakeholder management and communication across cross-functional teams.* Analytical mindset with proficiency in data-driven decision-making.* Self-starter with ability to work independently and drive process improvements.* Comfortable working in a fast-paced, regulated and digitally transforming environment. Success Measures* Strengthen supplier resilience through early identification and mitigation of risk exposures with key stakeholders (Contract Owner, Sourcing, Legal, Compliance, etc)* Embed risk-based governance with differentiated oversight across Outsourcing and TPRM-Risk profiles* Establish continuous monitoring using WFWB and AI-driven insights for proactive risk detection and escalation. -en