Eastspring is a global asset manager with Asia at its core. We create a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Eastspring a place where you can Connect, Grow and Succeed.
Key Accountabilities
Responsibilities include, but are not limited to, the following:
- Lead the design and deployment of a firm-wide TPRM framework (including outsourcing governance framework) from onboarding, ongoing monitoring to termination.
- Develop regional third party risk management framework and engagement model.
- Manage the ongoing TPRM program which includes an integrated approach for assessing and mitigating the risk of new and existing third-party suppliers.
- Establish best practices and standards for performing risk assessment.
- Ensure that risks associated with Third Party relationships, before and after entering into contracts, are sufficiently identified, assessed, monitored and controlled.
- Manage and enhance the governance model to provide ongoing monitoring and oversight of the risks posed by third-parties.
- Monitor and update third-party risk assessment framework to respond and adhere to new and existing regulatory guidelines and initiatives.
- Lead third-party risk segmentation, deploy and maintain up-to-date annual attestations by contract owners.
- Support contract owners and managers with day-to-day third party management including service delivery, performance review, escalation and issue remediation.
- Develop reports for use by business areas and senior management regarding third-party risks.
- Reporting on outsourcing and third party metrics to relevant risk committees, senior management and board of directors.
- Identify and escalate key items of concern regarding new and existing current third parties, including the potential of concentration risk and fourth-party risk exposures.
- Partner with sourcing partners, Operational Risk Team, Information Security and Technology Risk Team, Compliance, Legal, business areas and other assurance functions in the second and third line of defence to identify third-party risks and escalate those risks appropriately.
- Implement quality assurance program to drive continuous improvement of operational efficiency and effectiveness of key controls.
Experience / Qualifications
- Bachelors Degree, at a minimum
- Minimum of 8 years focused expertise in Third Party Oversight, Vendor Governance, Risk Management, Operational Risk
- Proven related financial services experience, risk & regulatory related experience highly desired
- Third Party Vendor experience preferred
- Broad and deep third-party risk technical knowledge
- Strong people management, internal consulting, and partnering skills
- Ability to influence with or without authority to achieve desired outcomes
- Balance and successfully manage competing priorities
- Strong industry participant with knowledge of best practices
Eastspring is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
