Enterprise TPRM Specialist

Job Description:

Third-Party Risk Management (TPRM) is the 2nd line of defense (2LOD) and is responsible for developing/maintaining strong TPRM practices to effectively and efficiently manage risks arising from third parties, in line with regulatory requirements, including end-to-end Enterprise Third Party Risk process, tools, applications, and external and internal data sources. This role will oversee the implementation of TPRM policies and standards that provide controls around outsourcing arrangements and management of third-party relationships.

Key Responsibilities:

• Support the successful execution of the TPRM programs/requirements by ensuring that all stakeholders are performing their respective roles and responsibilities associated with applicable policies, standards, procedures, and objectives.
• Conduct regularly scheduled meetings with business partners to communicate TPRM program requirements and procedures, and share best practices.
• Support development of communication and training procedures, reference guides, and other TPRM framework documentation to support TPRM program evolution.
• Support and track reporting requirements, including Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs).
• Assist lines of business with ongoing TPRM program monitoring and oversight, including training and compliance metrics for TPRM.
• Support updates to TPRM applications and tools, working in close partnership with line of business owners and other stakeholders.
• Oversee third-party risk management life cycle activities and identify new risks as business requirements evolve, providing essential support and fostering cooperation among stakeholders and different teams to ensure risks are considered and managed at appropriate points.
• Work in a collaborative and constructive manner with business units and internal and external stakeholders to enhance the effectiveness of processes and controls.
• Remain apprised of industry best practices and identify opportunities and solutions for continuous TPRM program enhancement.
• Support third-party risk-related efforts, including projects focusing on the development and ongoing maintenance/enhancement of 4th Party and other program enhancement projects.
• Follow policies and procedures that support the successful implementation of TPRM operating models and escalate third-party incidents or related risk events/escalations to senior risk leaders.

Required Qualifications:

• 1-3 years of relevant experience in TPRM.
• Excellent written and spoken English skills.
• Ability to work independently, as well as collaborate with cross-functional teams.

Preferred Qualifications:

• Prior experience with GRC platform is preferred.

In-Office Collaboration:

We are a client-centric, relationship-based business. Working together, in person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity, and personal connection, we deliver for our stakeholders - clients, advisors, employees, and shareholders. Our employees work in the office at least three (3) days per week, with flexibility to work from home two (2) days per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Full-Time/Part-Time:

Full time

Timings:

(4:45p-1:15a)

India Business Unit:

AWMPO AWMP&S President's Office

Job Family Group:

Enterprise Risk Management