DBS Bank

VP/SVP, Operational Risk Manager-Third Party Risk Management

Posted: 23 hours ago

Job Description

As a Third Party Risk Manager, you will be accountable for developing and implementing the Third Party Risk Management (TPRM) program in the bank. You will also be accountable for providing objective review and challenge to business units and support units to ensure third party risk is adequately and effectively managed in the units.ResponsibilitiesProject manage the Group-wide TPRM program including developing and managing project plan, scope and timelinesCollaborate with stakeholders to align the program with business objectives and to execute the program deliverablesProvide updates to stakeholders on the progress of program implementationDevelop and maintain third party risk management policy and standardMonitor and report third party risks to risk committeesDesign and conduct training and provide advisory guidance to staff on TPRM requirementsReview and challenge due diligence and risk assessment reports on third party arrangements, working closely with the risk controllers covering the various BU/SUsConduct independent assessment and monitoring of operational risk by reviewing operational risk metrics (risk events, risk & control self-assessment results, key risk indicators, etc), and assessing if there are systemic/thematic risk concerns that warrant deeper analysis and escalation to senior managementDesign and implement system enhancements to support TPRM requirements and continuously improve existing system functions and controlsRequirementsUniversity degree or equivalent, with major study in finance, accountancy, business and/or technologyAt least 10 years of working experience in banks or financial institutions, with good understanding of operational risk, banking products and processes, and preferably with third party risk management experienceAptitude and experience in risk and control related roles in first, second or third lines of defence and familiar with operational risk management concepts and toolsStrong communication and facilitation skills; able to work with and influence stakeholders at all levelsStrong analytical and problem-solving capabilities with affinity to using data to solve problemsAn analytical thinker with good risk sense and affinity to using data to solve problemsTeam player who can persuade/influence others to achieve the operational risk management objectivesPositive attitude to change, constantly looking for better ways to get things done and to challenge status quoSelf-driven and able to balance creative and pragmatic approachesenPrimary LocationSingapore-DBS Asia CentralJobRisk ManagementScheduleRegularJob TypeFull-timeJob PostingNov 9, 2025, 4:07:39 AM

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