Manager, Third Party Risk Management

Posted:
10/30/2024, 5:00:00 PM

Location(s):
Hong Kong, China ⋅ Kowloon, Hong Kong, China

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Business & Strategy

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

This is a first line risk role, responsible to manage the delivery of Third-Party Risk Management (TPRM) initiatives, and support stakeholders to implement and manage the relevant TPRM programs and activities throughout the TPRM Life Cycle.

Responsibilities

Be the key person to embed an effective framework for TPRM policy and operating guidelines:

  • Lead the implementation of TPRM Policy and Operating guidelines and ongoing refinement for Hong Kong Business Unit;

  • Support the business functions in day to day operational and control aspects of TPRM;

  • Oversee and support trouble-shooting and root-cause analysis of TPRM related issues, and timely escalation and resolution of issues with relevant stakeholders.

  • Act as HK representative and liaise with Regional TPRM teams on TPRM initiatives, including collating and sharing the BUs practices and lessons learnt;

  • Manage the interaction with key stakeholders in local business unit across different level to understand the TPRM requirements and develop approaches that meet the relevant Corporate and regulatory requirements.

  • Interface and partner with second line risk functions and subject matter experts on risk and policy compliance aspects of TPRM.

  • Prepare and present reports to senior management and on the status of the third-party risk management programs;

  • Engage and influence business colleagues and stakeholders to ensure an adequate third-party risk culture is embedded across the business; deliver appropriate TPRM material and training.

Preferred skills

  • Able to work independently and  proactively, and skilled at working collaboratively in a team environment with diverse cultures;

  • Exceptional analytical, problem-solving, and decision-making abilities, with keen attention to detail.

  • Data analysis techniques and experience in analyzing and rationalizing complex data;

  • Excellent communication and interpersonal skills, with the ability to influence and communicate complex concepts to a diverse audience;

  • Proactive and adaptable mindset with the ability to thrive in a fast-paced and rapidly evolving industry and organization;

  • Strong presentation skills to convey key requirements and messages across to stakeholders across all levels on TPRM topics.

Qualifications

  • Bachelor or Master’s Degree

  • Risk Management / Internal Controls / Internal Audit/ TPRM related accreditation would be desirable

  • 6+ years of experience in third party risk management or control functions in financial institutions

  • Strong knowledge of TPRM principles and factors that contribute to third-party risk, with the ability to assess, measure and monitor risk and understanding of practices and operational risks

  • Project and Change management in relation to processes and systems transition

  • Demonstrable experience of developing strong working relationships with cross-functional business areas and multi-stakeholder landscape to drive execution of key deliverables and facilitate successful TPRM management within the Three Lines of Defense model.

  • Candidate with more experience will be considered as Senior Manager.

We offer 5-day work, attractive salary, MPF, group life and group medical insurance; and excellent career development opportunities to the right candidate.

We are an equal opportunity employer and welcome applications from all qualified candidates. Application forms and resume will be kept for a period of 24 months after completion of the recruitment process. (All information will be held in strict confidence and only be used for recruitment purpose).

Job Category:

Risk Management

Posting End Date:

30/12/2024