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Sumitomo Group Hiring! Full Time AVP, Third Party Risk Manager, Operations Management Office - SMBC in - Ricebowl

AVP, Third Party Risk Manager, Operations Management Office - SMBC

Sumitomo Group

Singapore

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Working Location

  • Singapore

Job Description

Responsibilities

Responsibilities
  • Be part of a regional team in managing the end-to-end lifecycle of third-party risk management (TPRM) i.e. onboarding, ongoing monitoring and termination.
  • Collaborate closely with the Second Line of Defence (2LoD) to identify opportunities and provide recommendations to strengthen and enhance the TPRM framework and processes.
  • Review and enhance TPRM policies and procedures to ensure their continued effectiveness, alignment with the TPRM framework, and compliance with applicable regulatory requirements.
  • Provide guidance & support to contract owner on TPRM process.
  • Administer record keeping and documentation of third party.
  • Prepare MIS and KRIs relating to TPRM.
  • Work closely with stakeholders from TPRM 3 lines of defense in the region to effectively coordinate and execute TPRM controls.
  • Support and contribute to the successful delivery of TPRM-related projects and strategic initiatives.
  • Support internal and external audits related to TPRM.
Requirements
  • Bachelor's degree with 7 years working experience in banking or financial services, during which at least 5 years were in the capacity of Third-Party Risk Management and/or Technology Risk Management.
  • Preference will be given to candidates with strong knowledge and practical experience across multiple risk domains, particularly technology risk, cybersecurity risk, and operational resilience.
  • Experience of managing risk and control assessment.
  • Experience of managing TPRM related projects and initiatives.
  • Good communication and interpersonal skills.
  • Working experience in a regional role would be advantageous.
  • Certification such as CTPRP, CTPRA, CISSP, CRISC, CRCM would be advantageous.

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