Third Party Risk Management Bengaluru

Third Party Risk Management Bengaluru

03 Oct
|
State Street
|
Bengaluru

03 Oct

State Street

Bengaluru

Role Summary

State Street uses third parties to support internal processes and in the delivery of certain products and services to clients. These third parties are evaluated and risk assessed through our Third-Party Risk Management (TPRM) Program. The Due Diligence Onboarding Senior Associate is responsible for monitoring daily activity, sending required due diligence questionnaires to vendors, monitoring progress and evaluating the completeness of diligence once returned. The successful candidate should be able to effectively communicate with vendors and internal stakeholders, be alert to inconsistencies in information received and initiate communications with key stakeholders and business partners and guide them towards successful resolution of the items raised.

Job Duties and Responsibilities
Monitor daily activity to identify due diligence requests which need to be sent to vendors, requests which require follow-up or escalation, and documentation received and awaiting completeness review




Execute requests with vendors including new requests and follow-up requests; execute completeness reviews for vendor submitted due diligence
Initiate communications with key stakeholders for inconsistencies identified and follow through to successful resolution
Develop and maintain an understanding of State Street’s business lines and the products & services offered
Monitor SLAs; identify opportunities for process efficiencies
Assist with the creation and / or maintenance of procedure documents and FAQs
Participate in project management efforts including tests of Archer system enhancements
Flexibility in working outside of direct responsibilities to support emerging TPRM program requirement changes

Skills
Ability to multi-task and operate in a quick-paced, deadline-oriented workplace;
Solid organizational and time management skills
Must be self-motivated, adaptable and demonstrate initiative in difficult circumstances
Proven ability to identify probl

📌 Third Party Risk Management Bengaluru
🏢 State Street
📍 Bengaluru

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