About The Role
As a Third Party Risk Manager, you will be part of the Third Party Risk Management Department (TPRMD) that provides a second line of defense oversight of first line of defense third party risk management processes such as third party relationship management, due diligence, contract management, eligibility assessment, materiality assessment, on-boarding, performance management, contingency planning, off-boarding, and other similar activities.
How you'll contribute
- Establish and oversee the implementation of the overall Third Party Risk Management Framework that aligns with regulatory requirements, industry standards and best practices
- Ensure that TPRM processes align and support the strategic objectives set by the Operational Risk Management Division Head and Risk Management Group Head or by the bank's Chief Risk Officer and ultimately support the objectives of the bank and its subsidiaries
- Ensure that risks around engaged third parties are managed within the bank's risk appetite
What we're looking for
- Must be a bachelor's degree holder in any related field
- With at least 3 to 5 years of relevant experience within the banking industry
- Has an understanding of the following:
- Common banking processes and technologies and commonly outsourced activities for a bank and risk management practices for engaged third parties
- Common third party risk areas (e.g., information security, technology, physical security, personnel security, business continuity, concentration, fraud, reputation, etc.) and the controls to mitigate third party risks
- Ability to maintain a good working relationship and collaboration with multiple internal and external stakeholders and to effectively communicate with internal and external audience with representation from up to the senior management level using different communication channels
- With auditing, control testing, or risk assessment background and proven ability to identify control gaps and risks and to recommend solutions to address issues and improve internal control environment by applying best practices and technical expertise
About Security Bank
Security Bank is one of the Philippines best capitalized private domestic universal banks. Established in 1951 and publicly listed with the Philippine Stock Exchange (PSE:SECB) in 1995, our major businesses cover retail, corporate, commercial, and business (MSME) banking.
We're recognized as an Employer of Choice in Philippine banking by various award-giving bodies for our values-based culture, industry-leading engagement and benefits, and commitment to work-life balance.
Most recently, we ranked as the #2 best employer in the Philippines and #54 globally on the prestigious Forbes World's Best Employers 2023 list.
At Security Bank, our approach to Human Capital Management (HCM) is embodied by our Employee Value Proposition (EVP): YOU matter.
Start your BetterBanking career with us today.
