VP, Third Party Risk Management, Citi

Citi

Location:
India, Chennai

Category:
Consulting

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

This role, based in Chennai, is part of the TPM International team, covering the JANA and Asia South clusters, blends leadership and hands-on support. The VP will execute and oversee the implementation and adherence to global TPM policies and standards, as well as local regulations, while providing crucial support to in-country teams. This role requires a strategic thinker with strong collaboration and communication skills, capable of navigating complex regulatory landscapes, and comfortable balancing strategic oversight with direct support to teams.

Job Responsibility:

Provide leadership and/or hands-on support for third-party risk management activities across cluster/countries, offering expert guidance and resources to in-country teams
Lead and support root cause analysis of third-party risk issues, partnering with business and risk control functions to develop and implement effective corrective action plans, considering regional and cross-border implications
Proactively identify and implement opportunities to enhance third-party risk management standards, procedures, controls, and governance processes, working closely with in-country teams
Facilitate change management, assessing readiness and developing plans in collaboration with in-country teams
Build and maintain strong relationships with key stakeholders, including regional and country Third-Party Risk Management leads, business unit heads, Compliance, Operational Risk, Internal Audit
Support in-country teams in maintaining TPM procedures aligned with Global policies, standards, and Local Regulatory requirements across the designated regions
Oversee local third-party inventories and support the full lifecycle of TPM, including onboarding assessments, continuous monitoring, and termination processes
Document and communicate discussions and actions in relevant committees and forums
Provide regular updates and reporting on key risk indicators

Requirements:

10+ years of experience in third-party risk management, preferably within the financial services industry
In-depth knowledge of TPRM frameworks, risk management methodologies, and regulatory requirements, specifically within Asia South jurisdictions
Proven ability to analyze complex risks, identify root causes, and develop practical solutions
Strong leadership, interpersonal, and communication skills, with an emphasis on collaboration and support
Experience in influencing and collaborating with stakeholders across multiple functions and locations
Solid understanding of governance frameworks and experience in supporting audits and regulatory reviews
Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities simultaneously
Bachelor’s/University degree required

Additional Information:

Job Posted:
July 19, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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VP, Third Party Risk Management