Third Party Risk Management Specialist with a Leading Organisation in the Payments Industry

Excellent opportunity to join a leading organisation within Singapore's payments and financial services sector as a Third-Party Risk Management (TPRM) Specialist. It is an additional headcount and working with experienced and collaborative colleagues.

This is a mid-level individual contributor role responsible for supporting and enhancing the organisation's enterprise-wide Third-Party Risk Management programme.

Do note only candidates authorised to work in Singapore will be considered.

RESPONSIBILITIES:

• Support the ongoing development and enhancement of the organisation's Third-Party Risk Management framework, policies and procedures

• Conduct and challenge due diligence and risk assessments across new and existing third-party/vendor arrangements

• Act as an SME and provide guidance to Business and Technology stakeholders on third-party risk, vendor management, outsourcing, SLAs and contractual requirements

• Partner with stakeholders across IT Security, IT Governance, Business Continuity, Legal and other control functions to assess and manage third-party risks

• Monitor vendor performance and risk exposures, including contractual breaches, control gaps, non-compliance and adverse developments

• Track remediation actions and ensure identified third-party risk issues are appropriately addressed

• Review the effectiveness of the TPRM programme in response to evolving regulatory requirements, technology risks and security standards

• Conduct independent testing to assess the effectiveness and implementation of TPRM processes and controls

• Support TPRM governance and committee meetings, including risk assessments, approvals, monitoring activities and remediation updates

• Support internal and external audits relating to third-party and vendor risk management

REQUIREMENTS:

• Degree in Information Technology, Business Administration or a related discipline

• At least 3-5 years of relevant experience within Third Party Risk, Vendor Risk, Outsourcing Risk, Technology Risk, Risk & Compliance, Audit or a related area within financial services

• Experience within banking, payments, fintech, insurance or another regulated financial-services environment would be highly advantageous

• Good understanding of regulatory and legal requirements relating to third-party/vendor management, technology vendors and outsourcing

• Experience conducting vendor due diligence, risk assessments and ongoing third-party monitoring

• Strong risk and control mindset with the ability to independently assess and challenge risks

• Comfortable engaging stakeholders across Business, Technology, Cyber Security, Legal and other control functions

• Strong communication, stakeholder management, down-to-earth, keen and fast learner, possess organisational and problem-solving skills

Please contact Sunil Menon at +65 6950 0354 or [Confidential Information] for a confidential discussion.

EA License no: 16S8066 | Reg no.: R22111580

Only successful candidates will be notified.