Sr Analyst - Risk Vendor Portfolio Management

Looking for premier institute pass outs with 2-3 years of experience for Risk Vendor Portfolio Management.

Key Responsibilities

Coordinate the execution of the regular risk reviews for all vendors.

Ensure that control findings are completed timely.

Support the service relationship owners in the setup of the new VRM/IGO projects managing priority pipeline.

Understand regulatory requirements for outsourcing and pro-actively ensure compliance for all transactions.

Create a plan and drive implementation for transactions never covered in the vendor management process.

Design and maintain the vendor risk dashboard.

Define key performance indicators for all top vendors and intra-group outsourcings

Coordinate on-side risk assessments for top vendors to be executed by the central vendor management team.

Ensure that vendor governance is fully aligned to the bank controls principles

Maintain a comprehensive management information for all vendor related topics.

Knowledge

Technical experience in a Vendor Management or Compliance role, either in a financial institution or a professional practice environment specializing in banking, finance and risk (key focus in transactional banking)

Thorough understanding of outsourcing processes and regulations

Experience in global regulatory remediation projects

The ability to publicly represent Client & Operational Risk's viewpoint in regional forums and settings

Experience

Minimum 3-5 years of banking experience, preferably in DB

Comprehension of outsourcing processes and regulatory requirements

Strong analytical skills to areas for improvement in the vendor management process

Independent in judgment, strongly self-motivated with the ability to challenge and be challenged whilst maintaining the highest levels of professionalism