VP, Third Party Risk Management

As part of the Procurement and Third-Party Management (P&TPM) team at Citi, you will be responsible for procuring products and services and managing the risk associated with Citi's third-party relationships, including outsourced arrangements. This role is based in Chennai and is a crucial part of the TPM International team, covering the JANA and Asia South clusters. As a Vice President in this role, you will play a key role in executing and overseeing the implementation and adherence to global TPM policies and standards, as well as local regulations, while providing essential support to in-country teams. Your role will involve being a strategic thinker with strong collaboration and communication skills, capable of navigating complex regulatory landscapes, and comfortable balancing strategic oversight with direct support to teams. Your responsibilities will include providing leadership and/or hands-on support for third-party risk management activities across cluster/countries, offering expert guidance and resources to in-country teams. You will lead and support root cause analysis of third-party risk issues, develop and implement effective corrective action plans, and continuously identify opportunities to enhance third-party risk management standards, procedures, controls, and governance processes. You will also facilitate change management, build and maintain relationships with key stakeholders, support in-country teams in maintaining TPM procedures aligned with global policies, standards, and local regulatory requirements, and provide regular updates and reporting on key risk indicators. To qualify for this role, you should have 10+ years of experience in third-party risk management, preferably within the financial services industry. You should possess in-depth knowledge of TPRM frameworks, risk management methodologies, and regulatory requirements, specifically within Asia South jurisdictions. Strong leadership, interpersonal, and communication skills are essential, along with experience in influencing and collaborating with stakeholders across multiple functions and locations. A solid understanding of governance frameworks, experience in supporting audits and regulatory reviews, and the ability to thrive in a fast-paced, dynamic environment while managing multiple priorities simultaneously are also required. A Bachelor's/University degree is a minimum qualification for this role. Join us in this challenging yet rewarding role where you can make a significant impact on the risk management practices within Citi's third-party relationships.,