Implement Third party - Vendors management policy and ensure that all activities and efforts are consistent with company policies, guidelines and in alignment with regulatory guidance.
Design policies and procedures that support the successful implementation.
Recommendations to related team on opportunities for risk mitigation based on established risk tolerance.
Establish questionnaire, checklist, and risk score for vendors evaluation process.
Partner with co-workers to coordinate the implementation of third-party controls and mitigation plan.
Perform on-going review based on Third party risk factors i.e., risk level, performance, complaints & issues.
Facilitate the assessment of new and review existing third-party inherent risk, using questionnaires to collect and document risk ratings.
Review completed risk assessments and confirmed completion of due diligence prior to agreement signature.
Responsible for adhering to third-party risk metrics supporting completeness, accuracy, and timeliness of third-party risk activities.
Assists with gathering data and providing information during Internal Audit Reviews and Regulatory Examinations.
Support the design and implementation of third-party risk operating models, identifying, evaluating, and providing solutions to evaluate complex business and technology risks.
Drive continued operational and automation improvements to improve operational efficiency.
Support ad-hoc data analysis.
Qualifications.
3-5 years of Risk Management or Third -party Management experience in banking, payment company or a related industry.
Bachelor s degree in Management Information Systems, Computer Science, or related field.
Knowledge skill: IT/Security standard, ISO standard, Risk management, third-party Management, business risk analysis and making complex business/risk trade-off recommendations and decisions.
Experience developing and refining technical and business operational processes.
Ability to communicate clearly with technical and non-technical teams across multiple businesses; written, verbal, presentation, and interpersonal skills.
Effectively manage multiple projects and priorities in a fast-paced, deadline-driven environment.
Works effectively as an individual and part of a team.
Strategic thinking with the ability to see/understand the big picture.
Track record for being detail-oriented with a demonstrated ability to self-motivate and follow-through on projects.
Ability to solve problems and bring clarity to ambiguous situations.
Analytical and quantitative skills to use hard data and metrics to back up assumptions and develop business cases.
Job skills required: Automation, Internal Audit, Data Analysis
Job skills preferred: Risk Management