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Third Party Risk Management

g6jdnw8nip4bx2tar9us2dx9tkot2005d9fqb82t4c87ph7vimwf7411au20toln · 30+ days ago

Bangalore, KA, IN

Negotiable

Full-time

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Position : Third Party Risk Management
Role : Permanent
Degree : Bachelors

Design, implement, and manage core Third Party Risk Management (TPRM) processes to monitor, mitigate and report on risk from third party relationships especially vendors and clients. This includes leading the TPRM team efforts on:
- Vendor risk assessments, vendor audits, vendor onboarding, vendor document refresher/ review, vendor termination procedures and compliance with regulatory and contractual requirements
- Monitoring and reporting on credit risk and other potential risks from key vendors and clients
- Providing periodic risk reports to the Client leadership team on key risks and mitigation strategies
Lead cross-functional initiatives with Line of Business (LOB), Compliance, Legal and Compliance Department (LCD) and other internal stakeholders to:
- Monitor, mitigate and report on risk from third party relationships
- Help increase vendor productivity/performance
- Ensure compliance with applicable legal/regulatory and contractual requirements
Drive continuous process improvement initiatives to maintain alignment with industry best practices
Improve existing strategies, operations review, oversight planning and reporting

· Create robust quantitative analytical models that deliver key perspective on likely outcomes, as well as on uncertainty and risk

Project manage data collection, analysis and planning work for key initiatives
Understand and manage Corporate Insurance Services

•

Last updated on May 13, 2022

About the company

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