Exp : 5 to 12 yrs
Job description
Role & responsibilities
· Should be able to develop and manage a comprehensive third party risk management framework / program.
· Should be able to drive regulatory compliance / remediation programs such as Digital Operational Resilience Act (DORA).
· Should be independently able to manage third party due diligence including initial risk assessments and ongoing monitoring.
· Contribute to governance and facilitate remediation recommendations of related risks, deficiencies, gaps or issues, advice with identifying compensating controls alternative where compliance requirements cannot be met.
· Document and present overall residual risk to higher management for approvals and risk acceptances.
· Interact with vendors, business, and multiple stakeholders to assess, explain and remediate the risks identified.
· Ongoing monitoring activities such as performance monitoring, contractual compliance, SLA/KPI adherence, negative news monitoring etc.
· Test design and operating effectiveness of TPRM controls, identify gaps and recommend improvements.
· Support key reporting activities associated within key functions. Perform adhoc IT risk analysis and reporting.
Technical/Functional Skills
· Relevant experience in TPRM (Program/Framework level)
· Knowledge of Broader Operational Resilience / Tech Resilience Framework / Programs
· Expertise in Third Party Risk Assessments
· Expertise in cyber security including standards such as ISO27001, PCI-DSS, ISO 22301 etc.
· Experienced in review of SSAE18, SOC 2, HITRUST, SIG and CAIQ reports.
· Understanding of application and network security and should understand penetration testing and scan reports.
· Knowledge of key TPRM regulations such as DORA, OSFI – B10, FCA FG 16/5, PRA SS2/21, FFIEC, EBA Guidelines etc.
· Strong audit / control testing skills are desirable.
· Certifications such as CTPRP, CTPRA, CRVPM, CRISC, CISA, CISSP are good to have.