Manager, Third Party Risk Management

  • Bengaluru, Karnataka, India
  • Employees can work remotely
  • Full-time

Company Description

Are you up to the challenge of working directly with the CEO and COO of a US NASDAQ company on developing plan and organizing execution on strategic options?  If yes, keep reading!

At Altisource (NASDAQ: ASPS) we build world-class technologies and services for the mortgage and real estate industry, and are well poised to help revolutionize how homes are bought, sold and managed.  In the US, we partner with 7 out of the top 10 mortgage servicers, operate one of the top three real estate auction websites, and manage a cooperative which represents 15%+ market share of the $1.8tn US Originations market.

We are looking for an exceptionally smart, articulate and ambitious individual to join our Altisource Strategy Acceleration (“ASA”) team. If this is you, you will be working on real strategy making and development work together with the company’s top leadership. In this position, you will help drive momentum and rhythm by scoping and evaluating key options through a structured outcome-orientated approach, creating specific implementation plans and governance structures, and generating transparency through measurement and feedback.

This Bangalore-based role may require international travel to Europe and the United States

 

Job Description

 WHAT YOU WILL DO:

  • Design, implement, and manage core Third Party Risk Management (TPRM) processes to monitor, mitigate and report on risk from third party relationships especially vendors and clients. This includes leading the TPRM team efforts on:
    • Vendor risk assessments, vendor audits, vendor onboarding, vendor document refresher/ review, vendor termination procedures and compliance with regulatory and contractual requirements
    • Monitoring and reporting on credit risk and other potential risks from key vendors and clients
    • Providing periodic risk reports to the Altisource leadership team on key risks and mitigation strategies
  • Lead cross-functional initiatives with Line of Business (LOB), Compliance, Legal and Compliance Department (LCD) and other internal stakeholders to:
    • Monitor, mitigate and report on risk from third party relationships
    • Help increase vendor productivity/performance
    • Ensure compliance with applicable legal/regulatory and contractual requirements
  • Drive continuous process improvement initiatives to maintain alignment with industry best practices
  • Improve existing strategies, operations review, oversight planning and reporting

·         Create robust quantitative analytical models that deliver key perspective on likely outcomes, as well as on uncertainty and risk

  • Project manage data collection, analysis and planning work for key initiatives
  • Understand and manage Corporate Insurance Services

 

YOUR KEY RESULTS:

•         Effectively manage risks associated with third parties in line with management risk guidelines

•         Consistently work with LOBs and vendors to improve business and vendor performance in line with agreed service levels

•         Maintenance of a compliant vendor network

•         Quality of data, analysis and insights

•         Effectiveness of partnership and interaction with stakeholders

•         Quality of executive presentations, including senior leaders in the organization

•         Ability to add value and improve the quality of the outcomes, as opposed to merely run a process

•         Ability to manage and control performance by virtue of organization, process, and data-driven feedback loops

 

YOUR SKILLS AND EXPERIENCE:

•         MBA / Masters from a reputed B-school

•         8+ years of experience in managing teams and processes demonstrated through strong ownership and high impact in Vendor Management/Risk Management/Audit

•         Experience in managing team size of 10 associates or more

•         Expert knowledge of MS Office applications

•         Client centric focus on achieving goals and managing outcomes

•         Ability to provide thought leadership on third party risk management to senior stakeholders (internal and external as applicable)

•         Outstanding communication skills, both verbal and written

•         Experience in managing projects. PMP trained/certified preferable

Qualifications

•         MBA / Masters from a reputed B-school

•         8+ years of experience in managing teams and processes demonstrated through strong ownership and high impact in Vendor Management/Risk Management/Audit

Additional Information

WORKING AT ALTISOURCE ADVANTAGES

Prosperity

·         Competitive salary based on your experience and skills – we believe the top talent deserves the top rupee

Good Health

·         Comprehensive insurance plans ;- Medical insurance for employees and family, Personal Accident Benefit and Life Insurance for employees

·         Wellness Programs – Onsite doctor support, Psychologist, Counselor, Onsite health checkup camps etc.

Happiness

·         10 paid holidays, plus 26 paid days off per year

·         Lots of employee engagement activities both offsite (examples include cricket/football games and annual company celebrations) and onsite (examples include office stress buster events and quarterly Living our Values celebrations)

·         Opportunities to join our community service initiatives, including Habitat for Humanity

 

OUR CORE VALUES

 

 For our employees, customers, and shareholders, we commit to…

·         Act With Integrity – exhibit unwavering integrity, compliance and ethical conduct at all times

·         Energize People – enable exceptional people to energize their teams and drive results

·         Empower Innovation – reward the relentless creation of innovative and compliant solutions to achieve our mission and generate value for our customers

·         Exceed Customer Expectations – execute world-class solutions to deliver value and delight our customers

·         Win as a Team – embrace the passion, energy and power of our global teams to win as “One-Altisource”

·         Enrich Communities – create positive impacts for the communities where we live and serve

 

Are you up to the challenge?  What are you waiting for? Apply today!

 

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