Location:Singapore, SG

Job Function: Corporate Administration and Infrastructure Depart

Job Type: Permanent

Req ID: 16007

• Assist in the development and implementation of vendor risk management policies and procedures
• Develop and maintain a comprehensive vendor risk management framework that encompasses due diligence, risk assessment, ongoing monitoring and resiliency considerations.
• Establish key performance indicators (KPIs) and metrics to measure the effectiveness of vendor risk management activities.
• Promote a culture of risk awareness within the organization and provide guidance and training to employees involved in vendor relationships to enhance awareness and understanding of risk management principles and best practices.

• Conduct thorough risk assessments of potential third-party vendors and suppliers to evaluate their financial stability, operational capabilities, security protocols, and overall risk exposure.
• Develop and maintain onboarding process for new vendors in accordance to relevant regulatory guidelines and industry best practices
• Review the due diligence process for new vendors to ensure they meet the organization’s standards and regulatory requirement (where applicable)
• Oversee the implementation of risk mitigation plans and controls to address identified vulnerabilities and minimize potential disruptions to business operations.
• Monitor regulatory developments and industry trends related to vendor/third-party risk management and proactively refine policies and procedures as necessary.

• Bachelor's degree in Risk Management, Finance, or related field;
• 5 to 8 years of experience in third-party risk management, vendor management, or related fields within financial services.
• Strong understanding of regulatory requirements and industry standards related to third-party risk management
• Proven ability to develop and implement risk management frameworks and strategies in a corporate environment.
• Experience in sourcing and procurement (or demonstration of close working relationship with sourcing and procurement function) will be helpful High personal integrity, intellectual curiosity and ability to exercise initiative with attention to details
• Excellent analytical skills with the ability to assess complex situations and make informed decisions.
• Strong customer-orientation, interpersonal and communications skills, with ability to manage key business stakeholders across different job levels and collaborate with team members
• Self-directed and results oriented, with attention to detail and ability to manage multiple tasks simultaneously in a fast-paced work environment
• Competent team player, with emphasis on team results and goals