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Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
The Third‑Party Risk Management Lead is accountable for driving the execution of Citi’s TPM program for the Philippines market, ensuring alignment with Group policies and compliance with applicable local regulatory requirements.
Procurement and Third-Party Management (P&TPM) is responsible for procuring products and services for Citigroup and manages the risk associated with Citi's use of and reliance upon third party relationships, including outsourced arrangements, across all business lines and locations. P&TPM defines and oversees the implementation of policies and standards that provide controls to assess and manage risk related to Citi's third-party relationships and outsourcing arrangements. The goal of P&TPM is to support Citi's selection and management of third-parties capable of providing products and services in a safe and sound manner and at a reasonable cost and to manage the risk associated with third parties.
Responsibilities:
Lead and drive Third Party Risk Management regime for Citi Philippines, ensuring effective compliance to local third-party and outsourcing regulations, including Citi’s Global policies and standards.
Drive root cause analysis of third-party risk issues and work with business and in-business risk and control, on effective correction action plans.
Partner with businesses, including Chief Country Officer and Head of Operations, to properly assess broader impact, and require implementation of correct action plans where broader applications were identified.
Assess the effectiveness of the current TPM practices and lead enhancement opportunities to standards and procedures, control, and governance processes, to help ensure sustainability and optimization of the Philippines TPM landscape.
Leverage change management approaches and methods, assess capacity and readiness for change. Use the assessment to work with P&TPM and business leaders to establish implementation plan for process improvement/transformation.
Partner in supporting updates, reviews and request fulfilment to Independent Operational Risk Management, Compliance, Internal Audit and Regulators.
Administer and lead the Country committee/forum as per charter and ensure that all discussions/actions are documented and communicated to all members.
Responsible in maintaining country TPM procedure and ensure both Global policies and standards, and Local Regulation requirement are met. This includes overseeing and maintaining of local third-party inventory, and the end-to-end life cycle of TPM (not limited to onboarding assessment, continuous monitoring, termination process).
The successful candidate must be able to work in accordance with Philippines business hours to effectively support local stakeholders and regulatory requirements
Qualifications:
10+ years of experience in third-party risk management, operational risk or related field within the Banking or Financial Services sector.
In-depth knowledge of TPRM frameworks, risk management methodologies, and regulatory requirements.
Strong ability in analyzing complex risks, identifying root causes and develop practical solutions. Detailed-oriented with a structured and logical approach to problem-solving.
Excellent interpersonal and communication skills, with proven ability to build strong relationships across functions, and skilled in influencing and collaborating with stakeholders at all levels.
Solid understanding of governance frameworks and experience in supporting audits and regulatory reviews.
Proactive, self-driven and capable of managing multiple priorities in fast-paced setting.
Education:
Bachelor’s/University degree or equivalent experience, potentially Masters degree.
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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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View Citi’s EEO Policy Statement and the Know Your Rights poster.
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Vice President, Third Party Risk Management Lead - Philippines Market at Citi Bank.
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
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.
You can apply directly using the Apply Now button on this page, which will take you to Citi Bank's application process for this role.