VP - Third Party Risk

12 - 18 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

As a Vice President Third Party Risk Manager, your role involves leading and enhancing the organization's risk management framework. You will be responsible for identifying, assessing, mitigating, and monitoring third-party and outsourcing risks across multiple business units to ensure operational resilience and regulatory compliance. Key Responsibilities: - Develop and implement strategic risk management frameworks, methodologies, and processes. - Oversee the Third Party Risk Management (TPRM) program, ensuring adherence to internal policies, regulatory requirements, and best practices. - Manage and lead a team of risk professionals, defining goals, measuring performance, and driving continuous improvement. - Collaborate with cross-functional teams to manage regulatory exams, audits, and responses related to third-party risk. - Provide insights and strategic direction on new and emerging third-party regulatory requirements and their impact on business operations. - Maintain stakeholder relationships with internal teams, vendors, and regulators to ensure alignment and compliance. - Drive process optimization, automation, and efficiency improvements within the risk management function. - Advise senior management on risk exposures, regulatory trends, and control effectiveness. Key Skills & Experience Required: - Strong background in Risk & Control Management within financial services, consulting, or a large enterprise environment. - In-depth understanding of Third Party Risk, Outsourcing Risk, and associated regulatory frameworks. - Proven experience in regulatory engagements, audits, and compliance reporting. - Demonstrated ability to lead high-performing teams and manage multiple stakeholder relationships. - Excellent communication, influencing, and analytical skills with a detail-oriented approach. - Ability to adapt to evolving priorities, manage competing demands, and deliver in a dynamic environment. - Familiarity with GRC tools (e.g., ORAC, Process Unity, Tableau) and proficiency in MS Office applications. Preferred Qualifications: - Postgraduate degree in Risk Management, Finance, or related field. - Professional certifications such as CRISC, CISA, or FRM are an advantage.,

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