TPRM Analyst at IDFC FIRST Bank

Job Description

Job Requirements

About the Role

The Third-Party Risk Management (TPRM) Analyst will play a key role in implementing and maintaining the Vendor Risk Management framework within the bank’s Enterprise Risk Management function. The role involves ensuring compliance with internal and regulatory requirements, maintaining accurate vendor data and contracts, and supporting various stakeholders with timely information and reporting. The analyst will also contribute to system implementation and process improvements to enhance operational efficiency and risk oversight.

Key Responsibilities

Primary Responsibilities

Implement and ensure compliance with the Vendor Risk Management framework across business units.
Validate adherence to third-party risk management requirements, including risk assessments, reviews, and mandatory contractual clauses.
Build and maintain a comprehensive vendor database and provide relevant data to stakeholders as needed.
Coordinate and ensure availability of vendor contracts.
Track open issues related to the framework or vendors, especially those not monitored separately.
Prepare MIS reports and data submissions for management and regulatory bodies.

Secondary Responsibilities

Support stakeholder requirements including Audit, Compliance, Legal, Business Continuity Management (BCM), Information Security Group (ISG), and Accounts Payable (AP).
Conduct User Acceptance Testing (UAT) during system implementations.

What We Are Looking For

Education

Graduation: Required
Post-graduation: Preferred
Professional Qualification/Certification (e.g., CA, CFA, ICWA): Preferred

Experience

Up to 6 years of relevant experience in risk management, vendor governance, or related domains.

Skills and Attributes

Strong understanding of risk and compliance frameworks.
Attention to detail and ability to manage large datasets.
Effective communication and stakeholder management skills.
Ability to work collaboratively across departments.
Proficiency in preparing reports and MIS for internal and external use.
Experience in system testing and implementation support.

Frequently Asked Questions

What are the eligibility criteria for the TPRM Analyst job at IDFC FIRST Bank?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 5-10 Years years of relevant experience expected for this role.

What are the primary responsibilities of a TPRM Analyst at IDFC FIRST Bank?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a TPRM Analyst at IDFC FIRST Bank.

Is prior experience required for this position?

This role requires around 5-10 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the TPRM Analyst role at IDFC FIRST Bank?

You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.

TPRM Analyst

IDFC FIRST Bank — Mumbai, MUMBAI