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Swiss Re
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Senior Third Party Risk Manager

Senior Third Party Risk Manager

Swiss Re

6 - 8 years

9 - 13 Lacs

Bengaluru

Posted:1 day ago| Platform:

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Skills Required

Group Executive Reinsurance Compliance operational risk management Manager Technology Management Risk management Continuous improvement

Work Mode

Work from Office

Job Type

Full Time

Job Description

We offer an exciting opportunity to join a global and dynamic Risk Management Team. This role involves taking the lead in defining and setting up the third-party risk management framework and 2nd line risk management practices for the entire group. It offers regular exposure to senior management and the chance to engage with a wide range of stakeholders and various risk topics across the Swiss Re Group globally.

Design and establish a global TPRM framework, including robust policies, standards, controls and processes ensuring compliance with insurance/reinsurance/financial industry regulations and practices
Benchmark TPRM practices against industry and proactively influence continuous improvement opportunities
Develop processes for 2nd LoD oversight of third party risks in alignment with other lines of defence
Introduce robust metrics and KRI to track and report on aggregated TP risk, risk appetite and performance
Actively engage with stakeholders, providing both risk challenge and advice as a Third Party Risk Management expert
Provide regular reports on the aggregated view and status of the group TP risk profile, exposure, trends and risk remediations
Report to the Operational Risk and Group Executive bodies, establish timely communication and escalation
Perform walkthroughs and risk reviews

About the team:

Group Functions Risk Management (GFRM) is a diverse team risk professionals, focusing on the management of operational and execution risk. The global team is responsible to set the Operational Risk Management Framework, maintain key tools and engage with various stakeholders to identify and address key operational risk across Swiss Re.We are expanding our second line mandate to include specific oversight of third-party risks, and will integrate this with the teams current risk oversight activities

About you:

We are seeking an independent and critical thinker to lead the development of the Third party risk management approaches. You should possess the ability to lead change, work independently and persuade stakeholders.

significant relevant experience in Third Party/Vendor Risk management roles, typically gained over 6-8 years in a similar role.
a proven track record of developing and scaling TPRM frameworks in a global organization
deep understanding of TP risk domains and strong leadership to influence and engage stakeholders at all levels of the organization
a working knowledge of risk technology and platforms including setting clear data requirements for aggregated/strategic reporting is essential
Knowledge of the relevant regulatory requirements (such as FINMA/MAS/Solv2 and DORA)
Superior influencing, collaboration, and communication skills, with the ability to summarize and clearly articulate risk views to business leaders

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Swiss Re

Insurance and Reinsurance

Zürich

around 13,700 Employees

157 Jobs

Key People

Christian Mumenthaler

Group CEO
David Rüsch

Chief Financial Officer
Tobias Pross

CEO Reinsurance

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Senior Third Party Risk Manager