Third Party Risk Management-Thane

3 - 5 years

8 - 12 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

  • Develop monitoring procedures to check adherence with the regulatory norms


  1. Develop framework to review & check adherence with the regulatory norms
  2. Review exception/ deviation, provide procedural exception to functions relation to regulatory norms.
  3. Coordinate with the IRDA on regulatory audits

  • Manage vendor management/ outsourcing risk

  1. Develop outsourcing norms as per regulatory requirement
  2. Develop vendor evaluation criteria
  3. Approve the outsourcing vendor as per the requirements
  4. Thematic Review of different process as mention in Outsourcing Risk Policy and Process Manual to assess it effectiveness and efficiency, to identify and mitigate gap with suggestion wherever required.
  5. To define Key Risk Indicator threshold pertaining to outsourcing activity and to monitor same on regular interval.
  6. Preparation and timely circulation of reports in respect of Third party risk assessment/Thematic Review to the Outsourcing Committee/ Risk Management Committees on a periodic basis

  • Develop module & programme for increasing awareness and provide training to risk Champions & employees on ORM

  1. 1. Develop communication & training material for increasing awareness about ORM.
  2. Conduct training programme

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Sun Life

Financial Services

Toronto

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