Job Title: Third Party Risk Management Analyst

Role Summary:
Provides strong third party risk management support to the owners of outsourcing arrangements across the Bank (all areas), including ensuring compliance with regulatory requirements, laws and regulations and ongoing supplier risk management activities; including but not limited to, the completion of suppliers self-assessments and the arranging and undertaking of on-site reviews as applicable. Supports the Senior Manager – Third Party Risk Management

Key Accountabilities

Implements and monitors new and existing governance processes and provides executive and regulatory reporting over the supplier risk posture as required.

Collaborates with third party suppliers to introduce and gain their buy-in and support for supplier risk management – will be required to build mutually beneficial relations with the suppliers and gain access to third party suppliers to undertake independent risk assessments of their operations – gaining access to the presente operations of the suppliers to carry out risk assessments – are they capable to deliver on what the Bank is contracting them to and has adequate contingency / business continuity.

Manage the periodic risk reviews and updates of regional high risk suppliers during the supplier lifecycle, including reviewing risks at the supplier level across all engagements

Develops and promotes a deep understanding of supplier risk management within First Caribbean International Bank; developing and providing training as required to sourcing relationship managers. Assists as requested with the review of contracts to ensure that the regulatory requirements are met.

Maintains an accurate central repository of all outsourcing arrangements and the associated
documentation as required by regulations and the existing Banks policies and banking regulations.

Completes and documents (at least annually) an assessment of all material outsourcing providers related control environments, wit

📌 Third Party Risk Management Analyst (Trinitat)
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