Third Party Sr. Monitoring & Reporting Officer

Accountabilities and Key Roles:Establish robust monitoring mechanisms to track third-party activities and performance against contractual obligations and regulatory standards.Develop comprehensive reporting frameworks to communicate key risk metrics, trends, and emerging issues to relevant stakeholders.Conduct periodic reviews and audits to ensure ongoing compliance with established risk management policies and procedures.Collaborate with internal audit and compliance teams to address any identified deficiencies and implement corrective actions.Stay abreast of industry trends, regulatory changes, and emerging risks related to third-party relationships, and recommend adjustments to the risk management framework as needed.Serve as a subject matter expert on third-party risk management matters, providing guidance and training to employees across the Bank.Develop and maintain comprehensive documentation of third-party risk management processes, policies, and procedures.

Job Requirements

Education:Bachelor's Degree in Business, Finance, IT or a related field from a recognized university.Advanced degree or professional certification (e.g., Certified Third Party Risk Professional) preferred.Experience:+ 5 years of experience in risk management, vendor management, IT Procurement or related roles within the banking or financial services industry.Competencies:.Fluent in English and Arabic.Excellent analytical and problem-solving skills, with the ability to assess complex risks and develop effective mitigation strategies.Exceptional communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders at all levels of the organization.Proven project management skills, with the ability to prioritize and manage multiple initiatives simultaneously.