Senior Manager/Associate Director - Third Party Risk Management

Summary of Role / Profile :

Focus of the Function : Own product build for an End to End Third Party Risk Management Services through internal and external collaboration

Why does this job exist : This position will need to support solution leadership in achieving solution development objectives

How does the role add value : Bring in subject matter expertise in order to create/refine existing service offerings including delivery model, commercial model and technology solution

How is this role unique from others : This role is unique in ERC as this will help in development, commercialization and delivery of an important solution.

Who are the key relationships for this role : Internally Vertical leaders, GRMs, GOLs, CSPs, Consulting leaders among others. Externally senior stakeholders in client organization of the league of CPO, CFO, CAE, Global Controller etc.

What are the minimum prior qualifications to be an applicant for this role : CA, CPA, MBA (Finance)

What are the key initiatives & challenges facing this role in the next six months to three years : To initiate relationships with the stakeholders and convince them of ability of delivering business development agenda.

Specific competencies (Essential) :

- A minimum of 8 - 10 years of prior experience in Third Party Risk Management across various industry verticals such as BFSI, Life Sciences, CPG and Industrial Manufacturing. Preferably should have experience in more than one vertical

- Should have successfully launched / participated in a companywide Third Party Risk Management program or should have successfully created a market facing product or services in the area of Third Party Risk Management.

- Practitioner with hands on experience of having developed a Risk Framework and executed multiple assessments/ due diligence

- Hands on experience of having defined risk pillars and relevant assessments for various third parties such as vendors, distributors, Joint ventures, Individual business associates

- Excellent communication and executive presence to connect at senior level and ability to influence those stakeholders

- Ability to work with multiple stakeholders in various time zones

- High Analytical / reasoning skills, should be commercially savvy

- Proficiency in MS Excel and MS Power Point

- Strong understanding of service provider market and competitive landscape

Specific competencies (Desirable) :

- System understanding - ERP, other sub systems

- Global exposure

- Commercial acumen

Key Roles and Responsibilities :

- Knowledge, Experience, Education External & internal contacts

- Own product build for an End to End Third Party Risk Management Services through internal and external collaboration

- Bring in industry best practices and out of box thinking in support of building a leading edge Third Party Risk Management product

- Conduct market scan by connecting with external experts with an objective to refine product and solution

- Actively participate in project meetings and build agreement amongst diverse groups

- Bring in subject matter expertise in order to create/refine existing service offerings including delivery model, commercial model and technology solution

- Identify and create Alliances, associations and partnerships for solution build and growth

- Build relevant collaterals based on subject knowledge

- In parallel to product build support creation of pipeline by actively participating in client discussions and leading relevant RFX / Solution response

- Lead client discussions and support pre sales/ sales process

- Lead and generate IP in the area of Industry specific - Risk Framework and assessment/due diligence process

Essential :

- Solution development experience

- Experience in one or more solutions end to end around Risk Advisory

Desirable :

- Apt knowledge of ERP systems

- Global exposure

External : Clients, Industry specialists, forums etc.

Internal : Global Sales, Solution Architects, Domain Practice Leaders, Sales Enablement and Effectiveness (SEE) Team, Consulting team