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DWS Investment

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580 DWS Investment Jobs

Third-Party Control Assurance Analyst, AVP

DWS Group

1-3 years

Bangalore / Bengaluru

1 vacancy

DWS Investment

posted 1mon ago

Job Role Insights

Key skills for the job

Outsourcing Auditing Procurement Analytical Chemistry Risk Management CCTV Monitoring

+ 3 more

Job Description

Job Description

Job Title Third-Party Control Assurance Analyst
Corporate Title Assistant Vice President
Location Bangalore, India

Role description

The Third-Party Control Assurance Analyst is responsible for supporting the Bank with the execution of control assurance process for the relevant third-party vendors in line with the defined policy, process and guidelines. The analyst will be coordinating with relevant internal and external stakeholders to assess and verify third-party vendor control effectiveness to meet the organization s control requirements. The role is essential for monitoring third-party risks and enabling risk mitigation to protect the organization.

What we ll offer you

As part of our flexible scheme, here are just some of the benefits that you ll enjoy

Best in class leave policy
Gender neutral parental leaves
100% reimbursement under childcare assistance benefit (gender neutral)
Sponsorship for Industry relevant certifications and education
Employee Assistance Program for you and your family members
Comprehensive Hospitalization Insurance for you and your dependents
Accident and Term life Insurance
Complementary Health screening for 35 yrs. and above

Your Key Responsibilities

Conduct outreach to relevant internal stakeholders and third-party vendors to initiate the assurance process and gather responses to the assurance testing questionnaire including other necessary information.
Support Service Owners and Vendor Managers in organizing governance meetings and preparing agenda to ensure continuous third-party vendor risk monitoring.
Provide ongoing support to Service Owners and Vendor Managers by participating in governance meetings and answering queries related to Assurance Testing.
Perform due diligence on third-party vendor by assessing gathered responses according to the defined internal process and guidelines.
Escalate identified gaps to relevant Assessment Teams or 2LoD Risk Type Controllers.
Assign risk scores to the third-party vendors according to the defined scoring matrix.
Create and publish Assurance Testing risk assessment reports which outline identified risks, mitigation actions and outcomes.
Support with setting up and conducting Assurance Testing training sessions for internal stakeholders such as Service Owners and Vendor Managers.

Your Skills Experience

Professional experience in either audit, risk management, compliance, procurement are an advantage
Understanding of third-party risk management framework, processes and best practices
Have a strong appreciation of risks, regulatory requirements and controls generally and in particular in the vendor outsourcing and service delivery environment
Analytical, problem-solving and critical thinking abilities
Ability to diagnose improvement areas across processes, tools and systems
Excellent oral and written communication skills
Relationship building and stakeholder management skill set

How we ll support you