Job Description
- 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
- 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
- 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
- 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 810 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
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Primary Location
Singapore-DBS Asia Hub
Job
Risk Management
Schedule
Regular
Job Type
Full-time
Job Posting
Oct 21, 2025, 10:59:32 AM
