Hi
We are looking out for Third Party Risk Manager with experience in IT risk management, audit, compliance, often requiring prior managerial experience.
Location:- Kanjurmarg(Mumbai)
Experience Required:-
- 3-5 years of experience in IT risk management, audit, compliance, often requiring prior managerial experience.
Job Duties and Responsibilities:-
Risk Assessment & Due Diligence:
- Perform thorough inherent and residual risk assessments of vendors
- Conduct due diligence for new and existing third-party vendors. Review Audit and BGV reports and adhoc requirements for Third party risk management.
Onboarding & Lifecycle Management:
- Oversee onboarding and off-boarding processes, including SLA review, vendor due diligence, and performance monitoring.
Policy Governance:
- Review, maintain, and ensure compliance with TPRM policies and procedures
Monitoring & Reporting:
- Conduct periodic reviews of vendor performance and report risks to senior management and stakeholders.
Mitigation & Audits:
- Develop risk mitigation strategies and address deficiencies through remediation plans.
Coordination:
- Collaborate with Procurement, Finance, Legal, IT ,Compliance and internal stakeholders to manage vendor risks.
Regulatory Compliance:
- Ensure alignment with changing regulations and internal policies.
Qualifications
- Bachelor's or Master's degree in finance, accounting, business administration, economics, or engineering.
Required Skills
- ISO 31000 training, ISO 27001, Third Party Risk Management Principles and Understanding of Outsourcing Risk
- Good communication and presentation skills, ability to collaborate across teams, Understanding of Information Security Risk, Maintaining Risk Register and Control, Vendor Review & Assessment, Outsourcing Risk Governance & Compliance
