Third Party Risk Management Analyst
Hyderabad, IN
ABOUT US:
As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.
With a deep understanding of what it takes to succeed in alternatives, we believe in being different - in what we do, in how we work and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
Find out more about life at Alter Domus at careers.alterdomus.com
Reporting to the Head of Third-Party Risk Management, the Third-Party Risk Management Officer will be responsible for owning and running the onboarding and life cycle management of Alter Domus’ third-parties. In doing so you will balance meeting the commercial, technology and operational needs of the business at pace with ensuring the risk and regulatory requirements of the Group are met and evidencable.
This is a hands-on, second-line role requiring proactivity, an ability to multi-task, logical thinking, strong attention to detail, and the ability to engage confidently with senior stakeholders across the organisation.
JOB DESCRIPTION
• Own and drive the completion of the Alter Domus third-party risk management due diligence process in support of the 1st Line during the initiation of a new internal or external third-party arrangement.
• Own and drive the completion of the Alter Domus regulatory assessments and determinations (e.g. DORA, EBA, CSSF, CIF & Outsourcing) in support of the 1st Line during the initiation of a new internal or external third-party arrangement.
• Escalate any issues identified during the due diligence and regulatory assessments in relation to a new third-party arrangement for evaluation and satisfactory resolution, prior to the onboarding of that arrangement.
• Communicate clearly with stakeholders on the progress of the due diligence and regulatory assessments and determinations in line with their priorities and ensure those stakeholders are aware of the actions or regulatory obligations resulting from those exercises.
• Ensure there is a complete, structured and accessible record of the due diligence and regulatory assessment undertaken prior to the onboarding of a new third-party relationship.
• Undertake lifecycle reviews of those third-party arrangements in a timely fashion.
• Where necessary prepare the materials required for mandatory regulatory notifications in relation to new internal or external third-party arrangements.
• Maintain the outsourcing registers for our regulated entities ensuring completeness, accuracy and timely submissions.
• Provide 2nd Line support to the 1st Line in the ongoing life cycle management of Alter Domus third-party arrangements.
• Manage 2nd Line responses to 1st Line, audit and regulator questions and queries about new or existing third-party arrangements.
• Contribute to the continuous improvement of the Third-Party Risk Management function and broader Risk and Compliance department.
PROFILE
• Solid knowledge of the third-party onboarding process for regulated entities in the financial services sector.
• Demonstrable risk management awareness and expertise.
• Have an awareness of the regulatory environment and requirements in relation to third-party arrangements, particularly in Luxembourg, Ireland and the EEA.
LEADERSHIP & BEHAVIOURAL COMPETENCIES
• You will demonstrate business insight and commercial acumen combined with strong risk mindset.
• Hands-on subject matter expert capable of providing leadership to stakeholders in the execution of the third-party risk management processes.
• You will have a strong completer-finisher mindset that you use to ensure tasks and actions are delivered, and records are accurate, complete and logically structured.
• You will possess strong interpersonal skills – influencing and building trust quickly with stakeholders, navigating complexity and ambiguity with confidence and focus.
• You will have a proven track-record of working autonomously in a matrixed organisation and demonstrate good partnering skills.
• You will have an intellectual curiosity and a global mind-set, allowing you to partner effectively across your region and beyond with agility and flexibility.
• You will have high energy, avoid complacency and strive for the business to succeed, acting quickly to tackle any issues.
• You will be adept at managing competing demands on your time, actively prioritising and remaining calm under pressure while navigating complexity and challenges with confidence and resilience.
• Possess personal learning agility and an ability to adopt and champion new skills and ways of working to role model and inspire others.
• You will demonstrate a strong commitment to high integrity and ethics.
KEY RELATIONSHIPS
• Supervisory Board / Audit and Risk Committee, Group Executive Board.
• Regional Executives, Leaders, Directors and Senior Managers.
• Business lines and shared services functions.
WHAT WE OFFER
We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.
Our global benefits also include:
- Support for professional accreditations such as ACCA and study leave
- Flexible arrangements, generous holidays, plus an additional day off for your birthday!
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- 24/7 support available from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Plus additional local benefits depending on your location
Alter Domus is an Equal Opportunity Employer: Equity Statement
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)
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