AVP – Finance Third Party Risk Management
On-siteMumbai, Maharashtra, India
Job Summary
Support inherent and residual risk assessments for third-party and intragroup arrangements using established TPRM methodologies. Coordinate, review, and maintain due diligence outputs to support risk acceptance and issue identification while operating key controls like service inventories and exit planning. Monitor supplier performance and risk indicators, escalating material issues and policy exceptions, and maintain accurate records within TPRM systems to ensure strong data quality and audit trails. Produce proportionate management information and reporting for Finance stakeholders and governance forums, and support third-party incidents, remediation activity, and deep-dive reviews where required. Collaborate with Procurement, Legal, Compliance, and other business owners to align risk practices with commercial goals and ensure contracts reflect appropriate risk considerations. Establish and maintain TPRM standards, conduct regular assessments and audits to address compliance gaps, and facilitate controls testing for assurance and audit examinations.
Required Qualifications
- Third-party risk management (TPRM) methodologies
- Due diligence and assessment outputs
- Risk acceptance and issue identification
- Third-party risk controls
- Service inventories
- Reviews
- Exit planning
- Assurance tracking
- Supplier performance monitoring
- Risk indicators
- Material issues escalation
- Policy exceptions
- TPRM systems
- Data quality
- Audit trail
- Management information
- Reporting
- Finance stakeholders
- Governance forums
- Third-party incidents
- Remediation activity
- Deep-dive reviews
- Collaboration with Procurement
- Collaboration with Legal
- Collaboration with Compliance
- Collaboration with Information Security
- Business owners
- Effective risk management
- Third-party risk management
- Third-party relationships
- Third-party contracts
- Agreements
- Risk considerations
- Risk reports
- Dashboards
- Third-party risk management standards
- Key controls
- Risk mitigation
- Processes for assessing and monitoring third-party risk controls and performance
- Compliance with third-party risk policies and standards
- Regular assessments
- Audits
- Compliance gaps
- Vendor relationships
- Key third-party vendors
- Ongoing vendor performance monitoring
- Risk assessments
- Regulatory changes
- Industry trends
- Third-party risk management
- Strategic projects
- Ad-hoc tasks
- Change
- Run of a maturing TPRMO framework
- TPRMO controls testing
- Assurance
- Audit examination requirements
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