Senior Third-Party Risk Management Analyst

Posted 5 Days Ago
Be an Early Applicant
Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
In-Office
Senior level
Fintech • Payments • Software • Financial Services
The Role
The Senior Third-Party Risk Management Analyst leads vendor risk management activities, assessing risks, maintaining a vendor risk inventory, and ensuring regulatory compliance to protect the organization from third-party risks.
Summary Generated by Built In

ABOUT US

We’re the world’s leading provider of secure financial messaging services, headquartered in Belgium. We are the way the world moves value – across borders, through cities and overseas. No other organisation can address the scale, precision, pace and trust that this demands, and we’re proud to support the global economy. 

We’re unique too. We were established to find a better way for the global financial community to move value – a reliable, safe and secure approach that the community can trust, completely. We’re always striving to be better and are constantly evolving in an ever-changing landscape, without undermining that trust. Five decades on, our vibrant community reflects the complexity and diversity of the financial ecosystem. We innovate diligently, test exhaustively, then implement fast. In a connected and exciting era, our mission has never been more relevant. Swift now has a presence in 200+ countries and legal territories to serve a community of more than 12,000 banks and financial institutions.   

Due to Swift’s critical role in the global financial community, our reliance on third party vendors is fundamental to the security, resilience, and reliability of the services we provide to financial institutions worldwide. As a result, Vendor Risk Management (VRM) is a strategic function, enabling the organisation to engage with third parties while proactively identifying, assessing, and managing the risks they introduce.

The Senior Third-Party Risk Management Analyst is responsible for leading and executing vendor risk management (VRM) activities across the full vendor lifecycle. The role plays a key part in protecting the organisation from risks arising from third party engagements, ensuring alignment with regulatory and supervisory expectations, maintaining a comprehensive and accurate third party risk inventory, and supporting the organisation’s broader enterprise risk management framework.

What to expect:

  • Assist the Vendor Risk Management Manager in overseeing all aspects of vendor risk management and control activities.

  • Act as a deputy to the Vendor Risk Management Manager, stepping in as needed to ensure continuity and smooth operations.

  • Lead and perform due diligence assessments on new and existing vendors.

  • Interpret inherent, residual and target risks related to these vendors and propose mitigating actions.

  • Assess and monitor concentration risks across the vendor portfolio.

  • Maintain an accurate and up‑to‑date vendor risk inventory.

  • Prepare and submit regulatory reports related to third‑party risk.

  • Work closely with business owners, Subject Matter Experts (SME), security team and risk partners.

  • Contribute to improvements in VRM processes, tools, and methodologies.

  • Support and adapt to new activities driven by evolving regulatory requirements.

What you will need:

  • Bachelor’s degree in Information Technology / Finance / Legal / Compliance , or any risk-related field.

  • Minimum 5–7 years of experience in Vendor Risk Management /IT / Finance / Supplier Relationship Management.

  • Strong understanding of Third-Party Risk Management frameworks and regulations.

  • Excellent communication and interpersonal skills.

  • Experience in a technological or financial institution related field is strongly preferred.

  • Knowledge of cybersecurity, data protection, and Business Continuity Management would be an added advantage.

  • Excellent stakeholder management.

  • Strong analytical thinking and attention to detail.

What we offer

We give you the freedom to be yourself. We are creating an environment of unique individuals – like you – with different perspectives on the financial industry and the world. A diverse and inclusive environment in which everyone’s voice counts and where you can reach your full potential.

We are committed to an inclusive and accessible recruitment process. If you require a reasonable accommodation related to accessibility during your application or interview, please contact [email protected] or indicate this in your application.

Please note that this mailbox is not monitored for general recruitment enquiries and should only be used for accessibility or accommodation-related requests (for example related to vision, hearing or neurodiversity).

All requests are confidential and will not affect your candidacy.

Don’t meet every single requirement? At Swift, we are dedicated to building a workplace where people can bring their full selves and ideas to the team, so if you are excited about this role, we encourage you to apply even if you do not meet every single qualification.

Skills Required

  • Bachelor's degree in Information Technology / Finance / Legal / Compliance or any risk-related field
  • Minimum 5-7 years of experience in Vendor Risk Management / IT / Finance / Supplier Relationship Management
  • Strong understanding of Third-Party Risk Management frameworks and regulations
  • Excellent communication and interpersonal skills
  • Experience in a technological or financial institution related field
  • Knowledge of cybersecurity, data protection, and Business Continuity Management
  • Excellent stakeholder management
  • Strong analytical thinking and attention to detail
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The Company
HQ: New York, NY
4,765 Employees
Year Founded: 1973

What We Do

SWIFT is a global member-owned cooperative and the world’s leading provider of secure financial messaging services. We provide our community with a platform for messaging and standards for communicating, and we offer products and services to facilitate access and integration, identification, analysis and regulatory compliance. Our messaging platform, products and services connect more than 11,000 banking and securities organisations, market infrastructures and corporate customers in more than 200 countries and territories. SWIFT also brings the financial community together – at global, regional and local levels – to shape market practice, define standards and debate issues of mutual interest or concern. For more information, visit www.swift.com or follow us on Twitter: @swiftcommunity

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