AVP - Third Party Risk Management (Mumbai)

AVP - Third Party Risk Management (Mumbai)

21 Oct
|
Covansis IT Services
|
Mumbai

21 Oct

Covansis IT Services

Mumbai

Role Details

- Employment Type: Full time with a leading multinational banking and financial services institution.

- Location: Mumbai

- Experience: 6-15yrs

Job title: AVP Third Party Risk Management

(JD)

- Conduct end-to-end vendor risk assessments, including inherent and residual risk scoring, due diligence, and validation of controls.

- Ensure compliance with outsourcing guidelines, internal governance requirements, and applicable Digital Personal Data Protection (DPDP) Act obligations.

- Monitor Key Risk Indicators (KRIs), Service Level Agreements (SLAs), and vendor contracts.

- Maintain vendor inventories, risk registers, and audit documentation.

- Work with Procurement, Legal, Compliance, and Information Security teams to close control gaps.

- Manage vendor onboarding and offboarding, risk approvals, and exit strategies.

- Prepare management dashboards, MIS reports, and regulatory submissions.

- Support internal and external audits and ensure audit findings are closed.

- Develop training materials on TPRM policies and procedures.

- Improve risk workflows through automation and monitoring tools.

📌 AVP - Third Party Risk Management (Mumbai)
🏢 Covansis IT Services
📍 Mumbai

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