Third Party Officer

• Representing business leadership to coordinate and facilitate Third Party Risk Management activities
• evaluating current market conditions and providing insight on trends/issues that may impact the business through the use of external Third Parties
• advising BAO on the Risk Assessment for third parties and re-accessing as required
• verifying third party’s compliance to required policies and controls
• partnering with business operations, technology teams and internal functions to conduct on-site visits of third party
• maintaining and updating Citi’s Exit Strategy Plans as required
• interacting with third parties on escalations of non-performance and contractual issues to drive resolution
• monitoring third party performance and SLs through Citi Performance Management Assessment (PMA) process
• verifying Third Party contracts are properly executed and uploaded in Citi’s Contract Management System
• reviewing, prioritizing, assessing and acting on results of TPRM assessments/controls
• facilitating remediation of issues or gaps identified as part of ongoing monitoring
• defining risk mitigation strategies and risk exceptions based on the business’ risk appetite
• providing thought leadership to drive supplier optimization and efficiencies based on Third Parties risk profiles
• standardizing SLs performance monitoring measures for like services
• liaising with the ESC Third Party Utility

• 6-10 years of relevant experience in strategic sourcing/procurement, vendor management risk management and/or regulatory compliance
• broad knowledge of other risk areas, with strong understanding of supplier or third-party risk impact in a financial services company
• excellent communication skills in English, both oral and written, with the ability to articulate complex and sensitive issues to management
• local language requirements as applicable
• experience in strategic sourcing/procurement and interacting with suppliers’ management teams
• ability to exercise sound, timely and independent judgment
• understanding of operational capabilities of suppliers across applicable business types

Master’s degree preferred

• Equal opportunity employer
• accessibility accommodations