Senior Specialist - TPRM Risk Assessment (Port Blair)

india, Andaman and Nicobar Islands, Sri Vijaya Puram

Full–time

Posted on: 6 days ago

Job Description: Role Profile Summary: TPRM Case Specialist RAU (Risk Assessment Utility Team) The Supplier Onboarding & Risk Management specialist will be the primary interface to the Category Leads (Procurement) and Relationship Owners (business) and will support them in navigating the Third-Party Risk Management (TPRM) processes. They will form part of a small team of Supplier Onboarding & Risk Management specialists that will be aligned to the key Procurement Categories: Technology, Services and Corporate. The team is responsible for efficiently engaging with internal partners and external suppliers to drive efficient execution of the TPRM processes, including supplier registration, onboarding, risk assessment, information gathering and associated steps. What you will be doing & core responsibilities: 1.Support the TPRM Case Specialists Manager with the delivery of the function & objectives. 2.Collaborate closely with TPRM Risk Assessment Utility team, Risk Domain Owners, Third Parties and Service owners to undertake third party risk assessments 3.Perform review of third-party responses to the Inherent Risk questionnaires, due diligence activity against internal standards providing an overall assessment to Risk Appetite, including but not limited to review responses and evidence of third parties, collecting information from business on the service, evaluating them, finalizing compliance and risk evaluations, and incorporating them into a platform. Rate responses/evidence in line with controls assessment methodology Identify gaps/issues and raise control deficiencies in line with ERMF. Ensure risks/issues/risk acceptances are documented appropriately with action plans, due dates, and owners. Call out in line with agreed thresholds and engagement model. 4. Ensure risks and issues identified during the TPRM risk assessment process are raised consistently and in line with the ERMF and associated policies. 5. Work with assigned Risk Domain SMEs to ensure consistent application of the process. 6. Partner with other members of the TPRM and GP Team to ensure process is driven in a timely manner. 7.Support the Ongoing Monitoring team lead with the delivery of the function’s objective to drive compliance to the Third-Party Risk Management Policy and Standards. 8. Support the business relationship owners and business third party risk leads to increase compliance to the LSEG TPRM Policy and Standards. 9. Facilitate the completion of third-party risk reassessments based on the risk profile and the services they provide. Support the business through IRQs, due diligence and the issue management process at the point of reassessment. 10. Provide support to business units in the investigation of any incidents or material screening hits related to third parties, engaging with the relationship owner to ensure mitigating actions are followed. 11. Facilitate risk SMEs conversations and the business to support the closure of issues relating to third party relationships in line with the LSEG enterprise risk management framework. 12. Provide the business with supporting material to set up performance meetings with third parties covering incident management, change management and subcontractor performance. 13. Facilitate the Ongoing Monitoring team meeting, take team actions and be responsible for the folder system covering all ongoing monitoring artefacts, exit plan templates and Maintain reporting templates and support ongoing monitoring team with any ad hoc reporting requests. 14. Support team in the delivery of business relationship owner training sessions. What you will bring to the role: Ideally in financial services with minimum of 7 years of experience in TPRM or Risk management background. Strong self-motivated multi-tasker who can prioritise exciting tasks and collaborators. Experience in providingcustomerss with specialist risk knowledge and supervising its execution. Ability to work independently in a fast adapting and agile work environment. Proactive and deliverable focused, with a dedication to delivering against hard deadlines. Excellent analysis skills with keen eye for detail. Strong capabilities in Microsoft Excel, PowerPoint, and Word. Experience in one or more risk disciplines an advantage i.e., Information Security, Business Continuity, Data Privacy etc. Experience in Governance, Risk & Compliance (GRC) tools an advantage. WHAT YOU will GET IN RETURN - Let people know why this is an extraordinary opportunity for them. We recognize that to attract the best talent, we need to be versatile, and we are open to discussing work arrangements with you. We take hybrid approach to workplace. Career Stage: Senior Associate London Stock Exchange Group (LSEG) Information: Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you. LSEG is a leading global financial markets infras