Senior Third Party Risk Management Analyst

We are seeking a highly skilled Senior Third Party Risk Management Analyst to join our team in Maharashtra. The ideal candidate will have extensive experience in third party risk management, compliance, and governance, particularly within the banking sector. This role is critical in ensuring that our organization effectively manages risks associated with third-party vendors and service providers.

Key Responsibilities

• Conduct comprehensive third-party risk assessments to identify potential risks and vulnerabilities associated with vendors and service providers.
• Develop and implement risk management frameworks and policies in alignment with regulatory requirements, including those set forth by the Reserve Bank of India (RBI).
• Perform gap assessments to evaluate the effectiveness of existing controls and recommend improvements.
• Collaborate with cross-functional teams to ensure compliance with internal policies and external regulations.
• Lead audits and reviews of third-party vendors to ensure adherence to contractual obligations and risk management standards.
• Monitor and report on the status of third-party risk management initiatives and provide insights to senior management.
• Stay updated on industry trends and best practices in third-party risk management, information security, and technology risk.

Required Skills

• Strong knowledge of third-party risk management (TPRM) frameworks and methodologies.
• Proficiency in compliance and governance practices, particularly in the banking sector.
• Experience with risk assessment techniques and controls assessment.
• Familiarity with information security and cloud security principles.
• Excellent analytical and problem-solving skills, with the ability to communicate complex risk concepts clearly.
• Strong interpersonal skills to collaborate effectively with various stakeholders.

If you are a proactive and detail-oriented professional with a passion for risk management and compliance, we encourage you to apply for this exciting opportunity.