Vice President, Third Party Risk Management Lead - Philippines Market

Responsibilities

• Lead and drive Third Party Risk Management regime for Citi Philippines, ensuring effective compliance to local third-party and outsourcing regulations, including Citi’s Global policies and standards.
• Drive root cause analysis of third-party risk issues and work with business and in-business risk and control, on effective correction action plans.
• Partner with businesses, including Chief Country Officer and Head of Operations, to properly assess broader impact, and require implementation of correct action plans where broader applications were identified.
• Assess the effectiveness of the current TPM practices and lead enhancement opportunities to standards and procedures, control
• governance processes, to help ensure sustainability and optimization of the Philippines TPM landscape.
• Leverage change management approaches and methods, assess capacity and readiness for change.
• Use the assessment to work with P&TPM and business leaders to establish implementation plan for process improvement/transformation.
• Partner in supporting updates, reviews and request fulfilment to Independent Operational Risk Management, Compliance, Internal Audit and Regulators.
• Administer and lead the Country committee/forum as per charter and ensure that all discussions/actions are documented and communicated to all members.
• Responsible in maintaining country TPM procedure and ensure both Global policies and standards, and Local Regulation requirement are met.
• This includes overseeing and maintaining of local third-party inventory, and the end-to-end life cycle of TPM (not limited to onboarding assessment, continuous monitoring, termination process).
• The successful candidate must be able to work in accordance with Philippines business hours to effectively support local stakeholders and regulatory requirements Qualifications: 10+ years of experience in third-party risk management, operational risk or related field within the Banking or Financial Services sector.
• In-depth knowledge of TPRM frameworks, risk management methodologies, and regulatory requirements.
• Strong ability in analyzing complex risks, identifying root causes and develop practical solutions.
• Detailed-oriented with a structured and logical approach to problem-solving.
• Excellent interpersonal and communication skills, with proven ability to build strong relationships across functions, and skilled in influencing and collaborating with stakeholders at all levels.
• Solid understanding of governance frameworks and experience in supporting audits and regulatory reviews.
• Proactive, self-driven and capable of managing multiple priorities in fast-paced setting.
• Education: Bachelor’s/University degree or equivalent experience, potentially Masters degree. ------------------------------------------------------ Job Family Group: Project and Program Management ------------------------------------------------------ Job Family: Program Management ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Most Relevant Skills Please see the requirements listed above. ------------------------------------------------------ Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ Citi is an equal opportunity employer
• qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran
• any other characteristic protected by law.
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