Head - Third Party Risk Management - Banking

Looking for Head - Third Party Risk Management, with one of the banking client based in Mumbai

Key Responsibilities:

- Third Party Risk Management Policy/Framework Review/Updation.

- Implement Robust Vendors Management process including Vendor On-Boarding, Risk Assessment, Contract Management, Monitoring and Contract Termination.

- Conduct Trainings and Socialize Third Party Risk Management Policy/Framework among VRMs.

- Provide System Requirements and ensure timely Implementation.

- Ensure RBI Compliances relating to Outsourcing. Ensure availability of adequate data and Contracts for the vendors.

- Conduct Committee meetings as per framework and provide information as part of various Audits.

- Manage Stakeholders Requirements - Audit, Compliance, legal, BCM, ISG, AP.

- Manage and provide guidance to support colleagues on areas of Third Party Management responsibilities and processes.

- Manage/escalate legal entity-specific requirements

- Work with TPRM and Sector TPM Leads to remediate possible Risks and Breaches triggered by local regulatory requirements.

- Proven experience in operational risk management activities

- At least six years- experience in a financial services environment

- Proven experience in building effective relationships

- Track record of delivering innovative and cost-effective solutions in a time-critical environment

- Strong ability to interact with a demanding customer base

- Proven ability to influence teams and senior managers where working in a heavily controls-focused environment.

- Influencing teams with a diverse technology remit.