Vendor Risk Management (INTL Mexico REMOTE)
Insight Global
Job Description
A large international bank is looking for a Vendor Management Support resource in Mexico to sit remotely.
Job Family Description:
Monitors activities to minimize the company's exposure to third party risk.
- Activities may include vendor management system administration, service manager support, third party assessments, risk identification and remediation.
- Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards.
- Responsible for ensuring all company activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.
Job Function Description:
- Ensures transparency of business results, finance and processes.
- Typically organizes a reporting system and tracks goals accomplishment, collect and process data and provides managers with all necessary company management data and information.
Essential Functions/Responsibility Statements:
- Drive Risk Culture: Ensure awareness in the Business Line of risk frameworks, policies and standards.
- Communication & Training: Maintain two-way communications with SLoD (Second Line of Defense). Facilitate training for Business Lines to provide awareness of risk frameworks, policies, programs, processes, etc.
- Adherence to Risk Frameworks, Policies, and Standards: Partner with SLoD to provide input/review of frameworks, policies and standards.
- Facilitate Business Line awareness of and adherence to risk frameworks, policies, and standards.
- Report and escalate exceptions and facilitate Business Line corrective actions.
- Continuous Monitoring: Continuously monitors all sources of risk existing within the Business Line and externally.
- Engage in research, peer networking, and experience to anticipate critical risk issues impacting the Business Line.
- Monitor Key Risk Indicators and report on negative/adverse trends in Business Line. Monitor risk profile to maintain tolerance within Risk Appetite.
- Engage and hold Business Line process owners accountable to identify and assess risks. Support Business Lines in risk identification (e.g. NPBA, change management, etc.) Ensure all issues (Self-Identified, IA, Credit Risk Review or Regulatory) pertaining to the Business Line are resolved within established timelines.
- Validate issues to ensure Business Line remediation is sufficient to address root cause and prevent recurrence.
- Validate the adequacy of controls, escalate deficiencies as appropriate. Identify root causes of control deficiencies/weaknesses and take appropriate action to ensure Business Lines remediate and prevent recurrence.
- Exam Management: Liaison with the Business Line for all exam related activities including regulatory, Internal Audit and Credit Risk Review.
- Review materials, responses and validate Business Line remediation work (e.g. artifacts, action plans, etc.)
- Ability to build credibility with, collaborate with, and influence line of business executives.
- Demonstrated thought leadership and application of operational risk identification and mitigation practices and procedures.
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com .
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Skills and Requirements
- 1-3 years experience in Vendor Management, Risk Management, Internal Controls, Auditing, relevant line of business experience and/or legal or regulatory experience.
- 1-3 years professional experience in Banking, Consulting, Risk management, or similar
- Bachelor's Degree or equivalent work experience in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field.
- Demonstrated experience executing risk projects across multiple business lines offering a wide variety of financial services products and services.
- Knowledge of the financial technology services sector, particularly in retail/commercial banking and risk management.
- Ability to collaborate with internal and external service providers to establish resource requirements, scheduling, assignments and service levels.
- Advanced understanding of the regulatory environment and how the risks of the products and services the bank offers are viewed by the Second Line of Defense and regulators. null
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to HR@insightglobal.com.
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