Description
The incumbent supports the VP – Operational Risk, Head of TPRM in directing and leading the Group-wide (including subsidiaries and international branches) strategic development and implementation of the Third-Party Risk Management Framework of the Bank. This is done in alignment with relevant regulatory requirements and reflecting the best practices to ensure proactive management of the overall Third-Party Risk Management requirements.
Key Result Areas:
- Lead the design and deployment of a firm-wide TPRM framework (including outsourcing governance framework).
- Manage the ongoing TPRM program which includes an integrated approach for assessing and mitigating the risk of current and existing third-party suppliers.
- Ensure that risks associated with Third Party relationships, before and after entering into contracts, are sufficiently identified, assessed, monitored and controlled.
- Manage and enhance the governance model to provide ongoing monitoring and oversight of the risks posed by third parties.




- Monitor and update third-party risk assessment framework to respond and adhere to new and existing regulatory guidelines and initiatives.
- Lead third-party risk segmentation, deploy and maintain up-to-date annual attestations by contract owners.
- Develop reports for use by business areas and senior management regarding third-party risks.
- Identify and escalate key items of concern regarding new and existing current third parties, including the potential of concentration risk and fourth-party risk exposures.
- Partner with sourcing partners, Operational Risk Team, Information Security and Technology Risk Team, Compliance, Legal, business areas and other assurance functions in the second and third line of defense to identify third-party risks and escalate those risks appropriately.
- Support Head of TPRM in addressing the Central Bank, Internal Audit, and Compliance observations.
- Monitor the first line Business Units’ status of the RCSA, ORE, KRI, Issues &

📌 AVP-Third Party Risk Management.Operational Risk (Bengaluru)
🏢 Mashreq Bank
📍 Bengaluru