Job Description

The Third-Party Risk Management (TPRM) Team in Planning Department of SMBC SSC and it has a responsibility for TPRM framework/procedure of SSC and for monitoring/supervision of all contracts and management following the framework/procedure.

The Third-Party Risk Management (TPRM) Team in Planning Department of SMBC SSC will consist of 2 team members. This AVP role will be taking the lead to lead the TPRM function in SSC Planning Department to be responsible for the TPRM framework and procedures of SSC. All third-party vendor engagement by SSC will be monitor and ensure comply with the TPRM framework and procedures of SSC.

Key Responsibilities:

1. Support the SSC contract managers (business) to ensure Third Party Risk Management (TPRM) compliance throughout TPRM lifecycle.
2. Review, Maintain and improve the TPRM framework and procedure deviance for SSC, in compliant with relevant TPRM requirements established by in SMBC Group or regulators.
3. Monitor and review to ensure the compliance of TPRM matters following in the procedure.
4. Conduct periodic; quaterly, annually and/or when is required reporting to SMBC Head Office and/or other relevant Department.
5. Plan, support and facilitate vendor performance related reviews as and when required by contract managers in various stages of TPRM lifecycle, including contract renewal process and contract of renewal.
6. Monitor each maturity and status of vendor contracts for SSC on monthly basis.
7. Conduct vendor due diligence and attend to requester inquiry.
8. Act as Contract Person for Internal Audit exercises or reviews and to work closely with Compliance & Legal Department, Operational Risk Management and others.
9. Provide guidance, act as escalation point coach and work closely with other team members on SSC TPRM framework and procedure.

Others:

1. To perform other duties as assigned by the management.
2. To relief or cover duties of staff members in the team in his/her absence.
3. Ensure timely escalation to the management in case of any issues.

Position Specifications:

1. Bachelor's Degree/Professional Qualification/Certification in Risk Management is an added advantage.
2. At least 6 years working experience in banking or financial services, during which at least 5 years were in the capacity of Third-Party Risk Management and other Risk Management area.
3. Experience of managing risk and control assessment.
4. Strong understanding of regulatory requirements for a bank.
5. Good communication and interpersonal skills.
6. Working experience in a shared service environment and multi-countries set up is an added advantage.
7. Prior supply chain management (indirect procurement).