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Third Party Risk Oversight Specialist

  • Location


  • Sector:


  • Salary:


  • Contact:

    Stefani Grech

  • Job Reference:


  • Published:

    22 days ago

  • Expiry:


  • Client Details:


  • Consultant:

    Stefani Grech

  • Skills tags:

    Compliance , Operational Risk , Risk

One of Malta's leading banks is currently looking for a Third Party Risk Oversight Specialist, responsible for developing and implementing a Risk Oversight program in line with the risk appetite of the Bank.

  • Establishing direction for the Third-Party Risk management (TPRM) across the Bank
  • Leading the development of the firm’s risk and resilience strategy and appetite as it pertains to TPRM related matters
  • Providing oversight and challenge to the level of third-party risk and to material arrangements
  • Developing appropriate metrics and reporting on progress against strategy and appetite relating to TPRM
  • Owning, maintaining, and communicating the Bank’s Outsourcing Policy
  • Providing training and education
  • Ensure compliance with the SRB’s Operational Continuity in Resolution guidelines
  • Serving as subject matter expert to identify and address key third party related risks; associated with new and existing third parties
  • Liaising with Procurement and other relevant units
  • An MQF Level 6 Degree in Risk Management, Finance or IT-related field
  • Third-party risk management or Procurement experience in Banking, Payment Services, Investment Services, or e-Gaming
  • Strong working knowledge of TPRM: Policy, procedures, controls and best practices within one of the above industries
  • Excellent interpersonal, communication and stakeholder management skills
  • Ability to lead in a matrixed cross-functional environment and work collaboratively
  • Understanding of the EBA Guidelines on Outsourcing