Third Party Risk Manager (Banking)

PERSOLKELLY SINGAPORE PTE. LTD.
3 days ago
Posted date3 days ago
N/A
Minimum levelN/A
Responsibilities:
• Drive and provide subject matter expertise, advisory and support on all sourcing matters related to the Asia Third Party portfolio (Outsourcing & DORA services provided by suppliers).
• Contribute to ensuring a strong alignment with the client's Global Third Party & Intragroup Management Policy, Control Standard and Framework for Asia entity, such as the monitoring of outsourced arrangements, quality assurance, reporting and coordinating the risk assessment and due diligence processes.
• Provide active oversight to ensure key risk indicators, operational dashboards and reporting are adequately coordinated, communicated and accurate for relevant governance forums and committees to senior management within the Asia region.
• Take the lead on TIPM key control testing and evaluating control effectiveness annually.
• Key driver of process improvement initiatives for all sourcing matters;
• Monitor and act upon relevant findings, risk or issues following output from internal or external quality assurances/audit(s).
• Assist business functions in responding to regulatory queries pertaining to outsourcing, onsite reviews, and requests for information.
• Challenge functional service managers to ensure their respective outsourcing documentation is complete and adequate monitoring of service provider exists.
• Ensure that all Asia outsourced and DORA arrangements are appropriately documented in the local and global document repositories and registers and ensure that the entities in this jurisdiction maintain a register in alignment with regulatory requirements.
Skills/Requirement:
- At least 3+ years of Banking & Finance within the Business PMO/Execution/Implementation/Governance arena, or within Risk/Compliance environment;
- Experience operating within outsourcing and third-party risk management programs, thus having a knowledge of Asia and European outsourcing and third-party regulatory requirements, including the MAS guidelines on outsourcing, HKMA SA-2 Supervisory Policy Manual - Outsourcing. Knowledge of global and EBA outsourcing and third-party regulatory guidelines is also preferred.
- Experience and ability to work in a global/cross-regional environment and effectively communicate, consult and drive change within a global and highly matrixed organization.
- Experience in managing conflicting priorities, overseeing people, processes, and activities with a continuous improvement drive.
- Attention to detail coupled with experience identifying inefficiencies, finding opportunities to streamline business processes, and implementing change.
- Must have a positive, hands-on, and proactive approach to work with a track record of effective delivery against tight deadlines and management scrutiny.
- Commercial mindset with an ability to apply regulatory requirements in a practical, collaborative and pragmatic way.
- Strong stakeholder management stills and an ability to develop effective working relationships both internally and externally at all levels.
- An organised, and skilled communicator with strong presentation and interpersonal skills, including an ability to articulate issues, risks, and proposed solutions to various levels of staff and management.
Interested candidates, who wish to apply for the above position, please send in your resume ajay_sharma@persolkelly.com
We regret to inform that only shortlisted candidates will be contacted
PersolKelly Singapore Pte Ltd EA License No. 01C4394 EA Reg No: R24123179 (Ajay Sharma)
By sending us your personal data and curriculum vitae (CV), you are deemed to consent to PERSOLKELLY Singapore Pte Ltd and its affiliates to collect, use and disclose your personal data for the purposes set out in the Privacy Policy available at https://www.persolkelly.com.sg/policies. You acknowledge that you have read, understood, and agree with the Privacy Policy.
• Drive and provide subject matter expertise, advisory and support on all sourcing matters related to the Asia Third Party portfolio (Outsourcing & DORA services provided by suppliers).
• Contribute to ensuring a strong alignment with the client's Global Third Party & Intragroup Management Policy, Control Standard and Framework for Asia entity, such as the monitoring of outsourced arrangements, quality assurance, reporting and coordinating the risk assessment and due diligence processes.
• Provide active oversight to ensure key risk indicators, operational dashboards and reporting are adequately coordinated, communicated and accurate for relevant governance forums and committees to senior management within the Asia region.
• Take the lead on TIPM key control testing and evaluating control effectiveness annually.
• Key driver of process improvement initiatives for all sourcing matters;
• Monitor and act upon relevant findings, risk or issues following output from internal or external quality assurances/audit(s).
• Assist business functions in responding to regulatory queries pertaining to outsourcing, onsite reviews, and requests for information.
• Challenge functional service managers to ensure their respective outsourcing documentation is complete and adequate monitoring of service provider exists.
• Ensure that all Asia outsourced and DORA arrangements are appropriately documented in the local and global document repositories and registers and ensure that the entities in this jurisdiction maintain a register in alignment with regulatory requirements.
Skills/Requirement:
- At least 3+ years of Banking & Finance within the Business PMO/Execution/Implementation/Governance arena, or within Risk/Compliance environment;
- Experience operating within outsourcing and third-party risk management programs, thus having a knowledge of Asia and European outsourcing and third-party regulatory requirements, including the MAS guidelines on outsourcing, HKMA SA-2 Supervisory Policy Manual - Outsourcing. Knowledge of global and EBA outsourcing and third-party regulatory guidelines is also preferred.
- Experience and ability to work in a global/cross-regional environment and effectively communicate, consult and drive change within a global and highly matrixed organization.
- Experience in managing conflicting priorities, overseeing people, processes, and activities with a continuous improvement drive.
- Attention to detail coupled with experience identifying inefficiencies, finding opportunities to streamline business processes, and implementing change.
- Must have a positive, hands-on, and proactive approach to work with a track record of effective delivery against tight deadlines and management scrutiny.
- Commercial mindset with an ability to apply regulatory requirements in a practical, collaborative and pragmatic way.
- Strong stakeholder management stills and an ability to develop effective working relationships both internally and externally at all levels.
- An organised, and skilled communicator with strong presentation and interpersonal skills, including an ability to articulate issues, risks, and proposed solutions to various levels of staff and management.
Interested candidates, who wish to apply for the above position, please send in your resume ajay_sharma@persolkelly.com
We regret to inform that only shortlisted candidates will be contacted
PersolKelly Singapore Pte Ltd EA License No. 01C4394 EA Reg No: R24123179 (Ajay Sharma)
By sending us your personal data and curriculum vitae (CV), you are deemed to consent to PERSOLKELLY Singapore Pte Ltd and its affiliates to collect, use and disclose your personal data for the purposes set out in the Privacy Policy available at https://www.persolkelly.com.sg/policies. You acknowledge that you have read, understood, and agree with the Privacy Policy.
JOB SUMMARY
Third Party Risk Manager (Banking)

PERSOLKELLY SINGAPORE PTE. LTD.
Singapore
3 days ago
N/A
Contract / Freelance / Self-employed
Third Party Risk Manager (Banking)