Senior Manager, Third Party Risk Oversight - Kuala Lumpur, Malaysia - Prudential plc

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    Full time
    Description

    Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

    Working with Group functions: Group Technology, Group Finance (particularly Procurement), Group Risk, (particularly Enterprise Risk Management and Operational Risk, Group Compliance), Group-wide Internal Audit and colleagues from other disciplines in Group Security (particularly the Financial Crime Intelligence Unit, Fraud and ABC teams) and Local Business Units (LBUs), the Manager/Senior Manager Third-Party Risk will support the Director, TPRM and Head of TPR Oversight in embedding the Group's TPRM risk management frameworks (including risk appetite statements/tolerances), policies (containing key controls), underlying standards (containing control activities) and key oversight/assurance activities.

    Job Responsibilities

  • Assist with implementation and oversee compliance with the Group's TPRM policies and standards, risk appetite statements, tolerances, Group-wide Operational Standards (GwOS), key controls and aligned control activities.
  • Reviews the risk assessment methodology and framework. Performs annual (portfolio) risk assessments, prepares and delivers resulting reports to Risk Leadership Team (RLT).
  • Produces management information (MI).
  • Maintains a strong working relationship with Procurement, Finance, ABC, Fraud, IT
  • Provides input to the activities, work scope, priorities and MI of the Financial Crime Intelligence Unit as a key 'client' of this shared monitoring service
  • Helps coordinating, driving and reporting on portfolio assurance 'deep dives' in LBUs
  • Operates the TPRM risk framework for the company.
  • Tracks and reports on TPRM incidents.