Third Party Risk Management Manager

• Oversee and refine the enterprise-wide framework for managing outsourcing and external vendor risks.
• Strengthen the governance structure to ensure rigorous oversight of both internal group and external partner risks.
• Maintain the integrity of the Supplier Risk Management system and its associated data.
• Adapt the risk assessment methodology to align with evolving regulatory standards and industry mandates.
• Detect and report critical concerns regarding vendors, specifically focusing on concentration and fourth-party risk factors.
• Work closely with cross-functional teams, including Legal, Compliance, Security, and Audit, to address and escalate risks across the three lines of defense.
• Facilitate the execution of initial and periodic due diligence and performance assessments for critical outsourcing agreements.
• Direct administrative and strategic support for the Outsourcing Working Group and Governance Committee, including documentation and action-item tracking.
• Conduct annual reviews of procedural templates and lead training sessions for internal stakeholders and contract managers.
• Manage regulatory registers and internal knowledge repositories to ensure compliance and accessibility.
• Serve as the primary liaison for audit engagements, managing information requests and tracking remediation efforts.

• Industry Knowledge: Deep understanding of MAS Outsourcing Guidelines and regulatory landscapes within the insurance or financial sectors.
• Technical Proficiency: Skilled in Microsoft Office Suite
• familiarity with dedicated TPRM software platforms is highly regarded.
• Strategic Capability: Proven ability to design and execute effective risk mitigation strategies in complex environments.

familiarity with dedicated TPRM software platforms is highly regarded