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HSBC Group

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4.0

based on 4.7k Reviews

Video summary

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

Top Rated Banking Company - 2024

158 HSBC Group Jobs

Third-Party Risk Management Analyst/Consultant Specialist

HSBC electronic data processing india pvt ltd

4.0

based on 4.7k Reviews

2-5 years

Pune

1 vacancy

Third-Party Risk Management Analyst/Consultant Specialist

HSBC Group

posted 4d ago

Job Role Insights

Flexible timing

Key skills for the job

Data Analysis Quality Assurance Procurement Analytical Chemistry Microsoft Power BI MS Office

+ 4 more

Job Description

We are looking for a candidate with a strong understanding of Third-Party Risk Management principles, strong analytical skills, and proficiency in various data analysis tools to join our team as a Third-Party Risk Management Analyst.

In this role, you will:

To ensure effective coordination and adherence to TPRM KCIs on a monthly basis, oversee all
Third-Party Governance and Activity.
Engage with key areas supporting the TPM process as the shift towards a centralized approach
evolves, collaborating with case advisors, quality checks, assurance teams, and central reporting
efforts.
Monitor and evaluate third-party performance against established metrics like Key Control
Indicators (KCIs) and Key Performance Indicators (KPIs) to identify areas for improvement and
implement corrective actions when necessary.
Implement and oversee information and cyber security measures within the third-party
governance framework to mitigate potential risks and threats.
Support regular assessments of third-party disaster recovery plans to ensure alignment with
business continuity objectives.
Evaluate third-party security posture and resilience capabilities to ensure continuity of
operations.
Collaborate with the information security team to ensure third-party compliance with security
policies, standards, and regulations.
Demonstrate a strong data analytical mindset with the ability to generate dashboards using MS
Excel, Power BI, and other reporting platforms.
Assist Senior Managers in documenting training programs and awareness campaigns for TPEMs
on third-party risk management policies, procedures, and responsibilities.
Ensure compliance by continuously monitoring and adhering to KCIs and timely remediating
overdue tasks/metrics.
Exhibit strong communication, interpersonal, and influencing skills with a wide range of
people/groups at different levels of seniority. Collaborate with cross-functional teams, including
procurement, legal, and information security, to establish and maintain effective vendor
management practices and protocols.
Provide day-to-day support for ongoing risk and controls assurance activities to effectively
manage third parties, advising and guiding Third Party Engagement Managers.
Stay abreast of emerging trends, regulations, and best practices in third-party risk management,
and offer guidance and recommendations to senior management to enhance the overall risk
management framework.

Requirements

To be successful in this role, you should meet the following requirements:

Strong understanding of Third-Party Risk Management principles.
Good understanding of information and cyber security principles, including risk assessment.
Experience in using risk management software, vendor management tools like Archer, Coupa,
ServiceNow, BitSight, and other relevant technologies.
Proficient in generating high-end dashboards using Power BI, MS Excel, QlikView. Specialized in
MS Office Apps like Outlook, PowerPoint, Microsoft Teams, SharePoint.
Sound knowledge of creating/managing data on Confluence and Jira.
Knowledge of industry best practices and standards related to information security, business
continuity, and disaster recovery.
Robust and resilient self-starter with the ability to work independently, proactively, and under
pressure against multiple deadlines.