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Description: Purpose of the role - To support the Risk Function in delivering its objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities. Accountabilities - Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes. - Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness. - Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services. - Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment. - Risk and Control Management, including experience in dealing with regulatory requests. - Good understanding of the key Outsourcing and Third Party Risk Regulatory Guidelines and expectations. - Knowledge of Third Party Service Provider Risk, including experience on associated standards, processes, controls and applications used to manage risk. - Experience in execution and management of regulatory exams, audits and responses to regulatory requests, preferably within the Third Party Risk space - Project Management skills and experience in collaborating with multiple stakeholders and subject matter experts across the organization to manage regulatory engagements and responses. - Providing leadership on new and emerging third-party regulatory requirements (e.g., Supervisory Statements) and their impact on the organisation. - Providing strategic oversight over the TPSP regulatory submissions and reporting. - People Management experience, of leading and coaching a team of professionals, setting relevant KPIs for them, managing performance and supporting their continuous development. - Excellent communication skills, consultative business partnering approach with a collaborative style. - Excellent attention to detail, with strong analytical skills and an ability to make sound judgements. - Ability to adapt to changing requirements, support re-prioritisation of activities and change course as necessary to support deliver on regulatory book of work. - Ability to think creatively, holistically, and multi-dimensionally about business challenges involving regulatory requirements to develop remediation actions and solutions to effectively comply with them and manage the risk. - Ability to identify continuous improvements in the process managed and drive efficiency and effective in the work delivery. - Experience in understanding, performing analysis and reporting on Third Party Risk regulatory risk information and compliance to senior management. Desirable skillsets/good to have: - Post graduate with professional qualification in risk management or a related field - Extensive experience in audit and controls assurance or risk and compliance functions. - Highly experienced Third Party Risk Specialist at a prominent financial institution or consultancy firm - Proficiency in the use of MS Office, especially PowerPoint, Excel and knowledge of GRC tools such as ORAC, Process Unity, Tableau, etc.

Noida

Vice President - Third-Party Risk Management - Risk/Controls & Regulations - BFS 

Job Description for Vice President - Third-Party Risk Management - Risk/Controls & Regulations - BFS  in Black Turtle India Pvt Ltd in  Noida for (15-20) years of experience. Apply Now!

Vice President - Third-Party Risk Management - Risk/Controls & Regulations - BFS  | iimjobs.com