VP, Third-Party Risk Management Leader — Philippines

Citi; New York (NY); On-site; USD 140,000 - 200,000; Full time

Job summary

Citi is seeking a Vice President, Third Party Risk Management Lead for the Philippines market. You will drive Citi’s TPM program alignment with group policies and local regulations, overseeing risk assessment for third-party relationships, outsourcing, and lifecycle management across all business lines.

You will collaborate with senior leaders to implement action plans, analyze risk issues, and ensure effective governance and compliance while coordinating with regulators and internal partners.

Qualifications

• 10+ years of experience in third-party risk management, operational risk or related field within the Banking or Financial Services sector.
• In-depth knowledge of TPRM frameworks, risk management methodologies, and regulatory requirements.
• Strong ability in analyzing complex risks, identifying root causes and develop practical solutions.
• Excellent interpersonal and communication skills, with proven ability to build strong relationships across functions.
• Solid understanding of governance frameworks and experience in supporting audits and regulatory reviews.
• Proactive, self-driven and capable of managing multiple priorities in fast-paced setting.

Responsibilities

• Lead and drive Third Party Risk Management regime for Citi Philippines, ensuring effective compliance to local third-party and outsourcing regulations, including Citi’s Global policies and standards.
• Drive root cause analysis of third-party risk issues and work with business and in-business risk and control, on effective correction action plans.
• Partner with businesses, including Chief Country Officer and Head of Operations, to properly assess broader impact, and require implementation of correct action plans where broader applications were identified.
• Assess the effectiveness of the current TPM practices and lead enhancement opportunities to standards and procedures, control, and governance processes, to help ensure sustainability and optimization of the Philippines TPM landscape.
• Leverage change management approaches and methods, assess capacity and readiness for change. Use the assessment to work with P&TPM and business leaders to establish implementation plan for process improvement/transformation.
• Partner in supporting updates, reviews and request fulfilment to Independent Operational Risk Management, Compliance, Internal Audit and Regulators.
• Administer and lead the Country committee/forum as per charter and ensure that all discussions/actions are documented and communicated to all members.
• Responsible in maintaining country TPM procedure and ensure both Global policies and standards, and Local Regulation requirement are met. This includes overseeing and maintaining of local third-party inventory, and the end-to-end life cycle of TPM (not limited to onboarding assessment, continuous monitoring, termination process).
• The successful candidate must be able to work in accordance with Philippines business hours to effectively support local stakeholders and regulatory requirements.

Skills

Analytical thinking

Risk assessment

Stakeholder management

Communication skills

Education

Bachelor’s degree or equivalent experience

Job description

Citi is seeking a Vice President, Third Party Risk Management Lead for the Philippines market. You will drive Citi’s TPM program alignment with group policies and local regulations, overseeing risk assessment for third-party relationships, outsourcing, and lifecycle management across all business lines.

You will collaborate with senior leaders to implement action plans, analyze risk issues, and ensure effective governance and compliance while coordinating with regulators and internal partners.