Vendor Risk Management Specialist

About the Role

Experience-5 to 8 Yrs

Location-Chennai (Alwarpet)

Work mode- 5 Days (Work from Office)

We are seeking an experienced TPRM Assistant Manger / Lead to lead our third-party risk management program in line with Indian financial sector regulations and global best practices. This role involves overseeing the full lifecycle of vendor risk — from onboarding and due diligence to ongoing monitoring and exit — ensuring that our third-party relationships meet our security, compliance, and performance requirements.

You will work closely with business, legal, procurement, information security, compliance, and audit teams to identify, assess, mitigate, and monitor risks associated with third-party vendors, service providers, and outsourcing partners.

Key Responsibilities

• Strategy & Governance

Develop, implement, and maintain the TPRM framework in alignment with :

2. Vendor On boarding & Due Diligence

Define and enforce vendor onboarding requirements including :

3.Risk Assessment & Scoring

4.Ongoing Monitoring

Establish and execute continuous monitoring plans :

5.Incident Management & Exit

Oversee vendor-related incidents, breaches, and near-misses, ensuring timely reporting and root cause analysis.

Coordinate vendor exit processes, ensuring secure data return / destruction and service transition.

6.Reporting & Audit

Prepare periodic TPRM dashboards for senior management, CRO, and Board committees.

Support internal, client, and regulatory audits by providing evidence of TPRM controls.

Qualifications

Education :

Experience :

5–8 years in vendor risk management, IT risk, information security, or compliance.

Strong understanding of outsourcing risk regulations, data privacy laws, and cloud / vendor security.

Skills :