TPRM Analyst

Job Requirements About the RoleThe Third-Party Risk Management (TPRM) Analyst will play a key role in implementing and maintaining the Vendor Risk Management framework within the banks Enterprise Risk Management function. The role involves ensuring compliance with internal and regulatory requirements, maintaining accurate vendor data and contracts, and supporting various stakeholders with timely information and reporting. The analyst will also contribute to system implementation and process improvements to enhance operational efficiency and risk oversight. Key ResponsibilitiesPrimary ResponsibilitiesImplement and ensure compliance with the Vendor Risk Management framework across business units.Validate adherence to third-party risk management requirements, including risk assessments, reviews, and mandatory contractual clauses.Build and maintain a comprehensive vendor database and provide relevant data to stakeholders as needed.Coordinate and ensure availability of vendor contracts.Track open issues related to the framework or vendors, especially those not monitored separately.Prepare MIS reports and data submissions for management and regulatory bodies.Secondary ResponsibilitiesSupport stakeholder requirements including Audit, Compliance, Legal, Business Continuity Management (BCM), Information Security Group (ISG), and Accounts Payable (AP).Conduct User Acceptance Testing (UAT) during system implementations. What We Are Looking ForEducationGraduation: RequiredPost-graduation: PreferredProfessional Qualification/Certification (e.g., CA, CFA, ICWA): PreferredExperienceUp to 6 years of relevant experience in risk management, vendor governance, or related domains.Skills and AttributesStrong understanding of risk and compliance frameworks.Attention to detail and ability to manage large datasets.Effective communication and stakeholder management skills.Ability to work collaboratively across departments.Proficiency in preparing reports and MIS for internal and external use.Experience in system testing and implementation support. .