Third Party Risk Management

2 weeks ago

Dubai, Dubai, United Arab Emirates LanceSoft Middle East Full time

Title: Third Party Risk Management (TPRM) Analyst

Location: Dubai - Onsite

Job Type: 4+ Months

Description:

TPRM PMO Role – Job Description

Job Title: Third Party Risk Management (TPRM) Analyst

Job Summary:

The TPRM Business Analyst supports the implementation and enhancement of third-party risk management policies, frameworks, and systems. This role involves working closely with business activity owners, vendors, and internal stakeholders to ensure third-party end to end lifecycle related processes and relationships are effectively assessed, documented, and managed in alignment with regulatory and organizational standards along with industry best practices.

Skills & Qualifications:

  • Strong project management experience

  • Familiarity with third-party risk frameworks, systems, and regulatory standards (e.g., OCC , GDPR).

  • Experience with GRC platforms and vendor risk tools.

  • Excellent communication, coordination, and analytical skills.

  • Ability to manage cross-functional projects and stakeholder expectations.

  • Strong documentation and reporting capabilities.

  • Minimum experience of 5 - 7 years in above role.

Key Responsibilities:


• Program Governance & Oversight


• Project Planning & Execution


• Stakeholder Communication


• Process Optimization and System Integration


• Metrics & Reporting

Program Governance & Oversight

  • Establish and maintain governance frameworks for TPRM initiatives.

  • Ensure alignment with regulatory requirements, internal policies, and risk appetite.

  • Monitor adherence to timelines, budgets, and quality standards.

Project Planning & Execution

  • Develop and manage project plans for TPRM assessments, onboarding, and remediation activities.

  • Coordinate cross-functional teams including Risk, Compliance, Legal, Procurement, and IT.

  • Track milestones and deliverables across third-party risk projects.

Stakeholder Communication

  • Serve as a central point of contact for internal and external stakeholders.

  • Facilitate regular status updates, steering committee meetings, and executive reporting.

  • Escalate risks, issues, and delays to appropriate leadership.

Process Optimization and System Integrations

  • Identify inefficiencies in TPRM workflows and recommend improvements.

  • Develop BRDs for system integration and automation of manual processes such as termination, blacklisting, monthly confirmations, vendor performance monitoring, and offshoring activities.

  • Knowledge of TPRM tools (e.g., Archer, ServiceNow).

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