Third-Party Risk Manager

About the Company

A leading global provider of integrated financial services solutions.

About the Job

• Oversee and refine the enterprise-wide framework for managing outsourcing and external vendor risks.

• Strengthen the governance structure to ensure rigorous oversight of both internal group and external partner risks.

• Maintain the integrity of the Supplier Risk Management system and its associated data.

• Adapt the risk assessment methodology to align with evolving regulatory standards and industry mandates.

• Detect and report critical concerns regarding vendors, specifically focusing on concentration and fourth-party risk factors.

• Work closely with cross-functional teams, including Legal, Compliance, Security, and Audit, to address and escalate risks across the three lines of defense.

• Facilitate the execution of initial and periodic due diligence and performance assessments for critical outsourcing agreements.

• Direct administrative and strategic support for the Outsourcing Working Group and Governance Committee, including documentation and action-item tracking.

• Conduct annual reviews of procedural templates and lead training sessions for internal stakeholders and contract managers.

• Manage regulatory registers and internal knowledge repositories to ensure compliance and accessibility.

• Serve as the primary liaison for audit engagements, managing information requests and tracking remediation efforts.

Skills and Requirements

• Industry Knowledge: Deep understanding of MAS Outsourcing Guidelines and regulatory landscapes within the insurance or financial sectors.

• Technical Proficiency: Skilled in Microsoft Office Suite familiarity with dedicated TPRM software platforms is highly regarded.

• Strategic Capability: Proven ability to design and execute effective risk mitigation strategies in complex environments.

To apply online please use the apply function.(EA: 94C3609/ R24124496)