Director, Third Party Risk Management

at  Manulife

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

JOB REQUIREMENTS:

• Undergraduate degree (business preferred)
• 10+ years of progressive business experience in Strategy, risk, compliance, or procurement
• Expert knowledge of risk management principles, best practices, and tools
• Experience in Third Party Risk Management including regulatory requirements, industry best practices, and governance
• Experience working in a global environment

TPRM Strategy Execution :

• Facilitate development of MFC’s global TPRM strategy, including Data and Analytic strategy, on third party risk management in line with evolving business and external factors
• Define, aggregate and report enterprise TPRM KRIs to monitor risk posture and track remediation actions
• Support enterprise in developing point of view on TPRM external developments, namely industry best practices, tools, evolving regulatory developments etc.
• Ensure completion and accuracy of required activities related to third-party risk management in compliance with internal standard and regulatory requirements; facilitate completion of required TPRM activities with accountable business areas if gaps exist

Build and Evolve TPRM Data and Analytics :

• Lead implementation of TPRM data and analytic transformation in partnership with other stakeholders (Procurement, Operational Risk, Business Resilience, Global Technology)
• Responsible to ensure quality and completeness of Third Party and Fourth data globally through implementation of consistent data architecture and data management practices
• Proactively assess, analyze, and continuous enhance TPRM data, analytics, and reporting
• Build a fact base to measure the efficiency and effectiveness of third party risk management strategies and support opportunities with insightful analytics
• Champion the use of new tools and techniques to optimize data and analytics reporting capabilities
• Serve as a subject matter expert in interpreting requirements and improving awareness of operational risks from third-party failure or poor performance
• Assess and recommend technology solutions for managing third-party risk