Manager, Third Party Risk Management, Asia

Posted:
9/4/2024, 10:09:00 PM

Location(s):
Hong Kong Island, Hong Kong, China ⋅ 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.

Job description (heading)

  • Facilitate the implementation of the TPRM Policy and operating guidelines and support ongoing refinement across the Asia region;
  • Support the business and procurement functions in day to day operational and control aspects of TPRM;
  • Act as Asia representative and liaise with Corporate teams on TPRM initiatives, including collating and sharing the Regional Office and BUs practices and lessons learnt;
  • Manage the interaction with key stakeholders in Asia across different levels (Regional office and Business Unit (BU)) to understand the TPRM requirements and develop approaches that meet the relevant Corporate and regulatory requirements in collaboration with the stakeholders;
  • Interface and partner with second line risk functions and subject matter experts on risk and policy compliance aspects of TPRM.
  • Support BU Procurement teams on trouble-shooting and root-cause analysis of TPRM related issues, and timely escalation and resolution of issues with relevant stakeholders.
  • Prepare reports to senior management and on the status of the third-party risk management program;
  • 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.
  • Perform quality assurance and review on the TPRM framework, including the governance and operating effectiveness at BUs.

Preferred skills (heading)

  • 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 (heading)

  • Bachelor or Master’s Degree
  • Risk Management / Internal Controls / TPRM related accreditation would be desirable.
  • 6+ years of experience in TPRM and control functions in procurement 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;

  • Knowledge and hands-on experience in TPRM programs, controls, and processes, ideally in Canadian or European regulatory environment;

  • 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.

  • Processes and systems transition.

Job Category:

Risk Management

Posting End Date:

30/10/2024