Lead Risk & Compliance ( TPRM )

12 Minutes ago • All levels • Risk Management

Job Summary

Job Description

This role involves conducting comprehensive third-party risk assessments for new and existing vendors, preparing detailed reports, and serving as a Subject Matter Expert. The Lead will collaborate with various internal teams to develop and apply risk assessment criteria, identify and mitigate operational risks, and ensure compliance within the third-party risk management lifecycle. Key responsibilities include reviewing vendor contracts, performing due diligence, advising on mitigation strategies, assessing security controls, and driving risk initiatives.
Must have:
  • Conduct comprehensive third party risk assessments
  • Prepare detailed and summary reports of assessments
  • Serve as a Subject Matter Expert in third party risk
  • Collaborate with Operational Risk, IT, Law, Privacy, Compliance, Sourcing, and Treasury
  • Partner with internal stakeholders to identify and mitigate operational risks
  • Ensure integration and compliance of third party risk management lifecycle elements
  • Review vendor contracts and assess redlines
  • Identify and measure risks in business areas and workflows
  • Advise business partners on risk mitigation strategies
  • Engage directly with vendors to assess security controls
  • Promote awareness of third party risks
  • Contribute to the development of training programs
  • Demonstrate leadership and influence in driving execution of third party risk initiatives
  • Apply strong analytical skills
  • Synthesize complex data into actionable insights and concise reports
  • Communicate effectively across all levels
  • Manage multiple priorities in a fast-paced environment with minimal supervision
  • Foster cross-functional collaboration

Job Details

Job Description:

  • Conduct comprehensive third party risk assessments for new and existing vendors across the organization.
  • Prepare detailed and summary reports of assessments, including customized reports tailored to specific business needs.
  • Serve as a Subject Matter Expert (SME) in third party risk, collaborating with Operational Risk, IT, Law, Privacy, Compliance, Sourcing, and Treasury to develop and apply risk assessment criteria aligned with corporate policy.
  • Partner with internal stakeholders to identify and mitigate operational risks in business processes, applications, and systems tied to third party relationships.
  • Ensure integration and compliance of third party risk management lifecycle elements in collaboration with IT, Sourcing, and Legal teams.
  • Review vendor contracts, assess redlines, and make informed decisions on approval or rejection based on risk exposure.
  • Identify and measure risks in business areas and workflows, performing due diligence to ensure effective vendor risk identification and mitigation.
  • Advise business partners on risk mitigation strategies aligned with organizational risk appetite and tolerance.
  • Engage directly with vendors to assess security controls, ensuring adequate protection of sensitive data and systems.
  • Promote awareness of third party risks and enhance internal service models to ensure timely communication of key risk issues.
  • Contribute to the development of training programs for internal teams on third party due diligence and ongoing monitoring responsibilities.
  • Demonstrate leadership and influence in driving execution of third party risk initiatives.
  • Apply strong analytical skills to identify issues, assess root causes, and recommend effective risk responses.
  • Synthesize complex data into actionable insights and concise reports for leadership.
  • Communicate effectively across all levels, delivering clear and persuasive messages.
  • Manage multiple priorities in a fast-paced environment with minimal supervision.
  • Foster cross-functional collaboration and maintain high professionalism and urgency.

Location:

This position can be based in any of the following locations:

Chennai, Gurgaon

Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday

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About The Company

Every day, Guardian helps our 29 million customers realize their dreams through a range of insurance and financial products and services. Our Purpose, to inspire well-being, guides our dedication to the colleagues, consumers, and communities we serve. We know that people count, and we go above and beyond to prepare them for the life they want to live, focusing on their overall well-being — mind, body, and wallet. As one of the largest mutual insurance companies, we put our customers first. Behind every bright future is a GuardianTM.

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