Third Party Risk Manager

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

• Bachelors or Masters 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