Job Title: Senior Manager - Third Party Risk Management - Banking
Location: Hong Kong
We are currently seeking a highly experienced and dedicated individual to join a reputable bank as a Senior Manager in the Third Party Risk Management department.
Responsibilities of Third Party Risk Manager:
- Collaborate with service managers and specialized functions, such as Compliance, Legal, CISO, etc., to effectively manage third-party risks.
- Maintain an up-to-date vendor inventory and implement relevant controls to ensure transparency and accountability.
- Coordinate with service managers throughout the entire vendor management cycle, including selection, certification, contracting, service monitoring, and termination.
- Work closely with the Global Third Party Risk Management team to implement procedures, policies, workflow enhancements, and local system migration.
- Update the Asia Third Party Risk Management related MIS, including vendor population, Key Risk Indicators (KRI), exception requests, and project updates for the Global Third Party Risk Management team.
- Collaborate with the second line of defense Non-Finance Risk team to conduct Risk Control Self-Assessment (RCSA) exercises, including assessing the effectiveness of controls.
- Coordinate internal and external audit requests and ensure timely implementation of action plans.
Requirements for Third Party Risk Manager:
- Demonstrated experience third party risk management in banking.
- Proven ability to identify problems and provide practical solutions in a dynamic environment.
- Strong teamwork skills with a proactive "can-do" attitude, exhibiting the ability to work independently.
If you are a highly motivated and experienced professional with a solid background in the Banking industry and a passion for effective third party risk management, we invite you to apply for the position.
