job description
Join NightOwl Convenience as a Third-Party Risk Manager and play a pivotal role in safeguarding our financial services operations. In this dynamic position, you will oversee vendor risk management, ensuring compliance with regulatory standards while fostering strong partnerships with third-party vendors. Based in the vibrant regions of Bali, you will work in a collaborative environment that values innovation, integrity, and excellence.
As a Third-Party Risk Manager, you will be responsible for assessing, monitoring, and mitigating risks associated with external vendors. Your expertise will help maintain the highest standards of security and compliance, ensuring seamless operations in a regulated financial services landscape. If you are a detail-oriented professional with a passion for risk management and a proactive approach to problem-solving, we invite you to apply and grow with us.
Responsibility
- Develop and implement a comprehensive third-party risk management framework aligned with industry best practices and regulatory requirements.
- Conduct thorough due diligence assessments of potential vendors, evaluating their financial stability, operational capabilities, and compliance with security standards.
- Monitor and review vendor performance continuously, identifying and addressing risks that may impact business operations.
- Collaborate with cross-functional teams, including Legal, Compliance, and Procurement, to ensure vendor contracts include appropriate risk mitigation clauses.
- Lead regular risk assessments and audits of third-party vendors, documenting findings and recommending corrective actions.
- Stay updated on emerging risks, regulatory changes, and industry trends affecting third-party relationships.
- Provide training and guidance to internal stakeholders on third-party risk management policies and procedures.
- Prepare and present risk reports to senior management, highlighting key risks and mitigation strategies.
Qualifications
- Bachelor’s degree in Business Administration, Finance, Risk Management, or a related field. Advanced degrees or certifications (e.g., CRM, CTPRP) are a plus.
- Minimum of 5 years of experience in third-party risk management, vendor management, or a related role within the financial services sector.
- Strong understanding of regulatory frameworks such as GDPR, AML, and other relevant financial services regulations.
- Proven ability to conduct risk assessments, due diligence, and vendor audits with a keen eye for detail.
- Excellent analytical and problem-solving skills, with the ability to interpret complex data and make informed decisions.
- Exceptional communication and interpersonal skills, with the ability to collaborate effectively across departments.
- Proficiency in risk management tools and software, as well as Microsoft Office Suite.
- Ability to work independently and manage multiple priorities in a fast-paced environment.