Snr Analyst, Third Party Risk Management (TPRM)

SMBC SSC Sdn Bhd; Kuala Lumpur; On-site; MYR 90,000 - 180,000; Full time

Job summary

SMBC SSC Sdn Bhd is seeking a Snr Analyst, Third Party Risk Management (TPRM) to support contract managers and ensure TPRM compliance throughout the lifecycle. The role requires strong regulatory knowledge, stakeholder communication, and a proven track record in banking risk management.

You will review the TPRM framework, monitor compliance, conduct due diligence, and coordinate with Compliance, Legal, and Audit to strengthen controls across a multi-country shared service environment.

Qualifications

• Bachelor's Degree/Professional Qualification/Certification in Risk Management is an added advantage.
• At least 5 years working experience in banking or financial services, during which at least 3 years were in the capacity of Third-Party Risk Management and other Risk Management area.
• Experience of managing risk and control assessment.
• Strong understanding of regulatory requirements for a bank.
• Good communication and interpersonal skills.
• Working experience in a shared service environment and multi-countries set up is an added advantage.
• Prior supply chain management (indirect procurement).

Responsibilities

• Support the SSC contract managers (business) to ensure Third Party Risk Management (TPRM) compliance throughout TPRM lifecycle.
• Review, Maintain and improve the TPRM framework and procedure deviance for SSC, in compliant with relevant TPRM requirements established by in SMBC Group or regulators.
• Monitor and review to ensure the compliance of TPRM matters following in the procedure.
• Conduct periodic; quaterly, annually and/or when is required reporting to SMBC Head Office and/or other relevant Department.
• Plan, support and facilitate vendor performance related reviews as and when required by contract managers in various stages of TPRM lifecycle, including contract renewal process and contract of renewal.
• Monitor each maturity and status of vendor contracts for SSC on monthly basis.
• Conduct vendor due diligence and attend to requester inquiry.
• Act as Contract Person for Internal Audit exercises or reviews and to work closely with Compliance & Legal Department, Operational Risk Management and others.
• Provide guidance, act as escalation point coach and work closely with other team members on SSC TPRM framework and procedure.
• To perform other duties as assigned by the management.
• To relief or cover duties of staff members in the team in his/her absence.
• Ensure timely escalation to the management in case of any issues.

Skills

Risk Management

Regulatory Knowledge

Stakeholder Communication

Education

Bachelor's Degree or Professional Qualification

Job description

Snr Analyst, Third Party Risk Management (TPRM)

Support the SSC contract managers (business) to ensure Third Party Risk Management (TPRM) compliance throughout TPRM lifecycle.

Review, Maintain and improve the TPRM framework and procedure deviance for SSC, in compliant with relevant TPRM requirements established by in SMBC Group or regulators.

Monitor and review to ensure the compliance of TPRM matters following in the procedure.

Conduct periodic; quaterly, annually and/or when is required reporting to SMBC Head Office and/or other relevant Department.

Plan, support and facilitate vendor performance related reviews as and when required by contract managers in various stages of TPRM lifecycle, including contract renewal process and contract of renewal.

Monitor each maturity and status of vendor contracts for SSC on monthly basis.

Conduct vendor due diligence and attend to requester inquiry.

Act as Contract Person for Internal Audit exercises or reviews and to work closely with Compliance & Legal Department, Operational Risk Management and others.

Provide guidance, act as escalation point coach and work closely with other team members on SSC TPRM framework and procedure.

Others

To perform other duties as assigned by the management.

To relief or cover duties of staff members in the team in his/her absence.

Ensure timely escalation to the management in case of any issues.

Position Specifications

Bachelor's Degree/Professional Qualification/Certification in Risk Management is an added advantage.

At least 5 years working experience in banking or financial services, during which at least 3 years were in the capacity of Third-Party Risk Management and other Risk Management area.

Experience of managing risk and control assessment.

Strong understanding of regulatory requirements for a bank.

Good communication and interpersonal skills.

Working experience in a shared service environment and multi-countries set up is an added advantage.

Prior supply chain management (indirect procurement).

Sumitomo Mitsui Banking Corporation (SMBC) operates globally with extensive overseas branches that offers a broad range of financial services. Due to its incorporation of a wholly owned subsidiary in Malaysia, SMBC is now inviting you to be part of its talent pool where you can grow with us. This is indeed a good opportunity for you to chart your career collaboratively with SMBC to greater heights.

Sumitomo Mitsui Banking Corporation (SMBC) operates globally with extensive overseas branches that offers a broad range of financial services. Due to its incorporation of a wholly owned subsidiary in Malaysia, SMBC is now inviting you to be part of its talent pool where you can grow with us. This is indeed a good opportunity for you to chart your career collaboratively with SMBC to greater heights.