IT Vendor Risk Specialist (Third Party/ IT Risk Audit)

Careerally Pte Ltd; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading risk management firm in Singapore seeks an experienced IT Vendor Risk Specialist. The role involves managing third-party IT risks, ensuring compliance with regulatory requirements, and enhancing vendor governance frameworks. Candidates should possess a relevant Bachelor's degree and at least 4 years of experience in IT risk or vendor management. The position offers a competitive salary of up to $8,500 plus bonuses and comprehensive benefits.

Benefits

Comprehensive benefits package

Bonuses

Qualifications

• Minimum 4 years of experience in IT risk, audit, compliance, and/or vendor management.
• Hands-on experience with MAS third-party risk management audits and outsourcing audits.
• Good understanding of MAS TRM Guidelines and regulatory obligations.

Responsibilities

• Support the end-to-end vendor risk management process.
• Conduct third-party risk management audits.
• Monitor vendor compliance against regulatory obligations.
• Develop and enhance vendor management policies.

Skills

IT risk management

Audit compliance

Stakeholder management

Analytical skills

Education

Bachelor's degree in IT, Risk Management, Business Administration

Job description

About the job IT Vendor Risk Specialist (Third Party/ IT Risk Audit)

Key Highlights:

• Permanent Position
• Opportunity to work with a dynamic, industry-leading company
• Up to $8,500 + Bonus + comprehensive benefits package

We are looking for an experienced IT Vendor Risk Specialist to strengthen our client's 1.5/2nd line of defense. This role is pivotal in managing third-party IT risks, ensuring compliance with regulatory requirements and performance standards while driving robust vendor governance frameworks and continuous improvement initiatives.

Key Responsibilities:

• Support the end-to-end vendor risk management process, including onboarding/ offboarding, due diligence, performance tracking, and compliance monitoring.
• Conduct and support third-party risk management audits and outsourcing audits in line with MAS requirements.
• Monitor vendor compliance against regulatory, contractual, and operational obligations.
• Serve as a 1.5/2nd line of defense providing independent challenge, oversight, and assurance over vendor risk controls implemented by the business.
• Assist in developing and enhancing vendor management policies and procedures, ensuring alignment with MAS TRM and other relevant guidelines.
• Prepare vendor performance, compliance, and risk reports for management review.
• Collaborate with IT, Risk, Compliance, and Procurement teams to ensure effective vendor oversight.

Requirements:

• Bachelor's degree in IT, Risk Management, Business Administration, or related field.
• Minimum 4 years of experience in IT risk, audit, compliance, and/or vendor management.
• Hands-on experience with MAS third-party risk management audits and outsourcing audits is required.
• Good understanding of MAS TRM Guidelines and regulatory obligations for outsourcing arrangements.
• Strong analytical, communication, and stakeholder management skills.
• Team player, eager to grow in vendor and outsourcing risk management role.

Interested applicants, please submit updated resume in MS format via the Apply button.

Position and remuneration will be commensurate with skills and experience.

We regret that only short-listed candidates will be contacted.

Careerally Pte Ltd | EA Licence: 24C2215
EA Registration No: R1874897