Procurement and Third-Party Management (P&TPM) is responsible for procuring products and services and managing the risk associated with Citi's third-party relationships, including outsourced arrangements. This role, based in Chennai, is part of the TPM International team, covering the JANA and Asia South clusters, blends leadership and hands-on support. The VP will execute and oversee the implementation and adherence to global TPM policies and standards, as well as local regulations, while providing crucial support to in-country teams. This role requires a strategic thinker with strong collaboration and communication skills, capable of navigating complex regulatory landscapes, and comfortable balancing strategic oversight with direct support to teams. **Responsibilities:** + **Risk Management & Support:** Provide leadership and/or hands-on support for third-party risk management activities across cluster/countries, offering expert guidance and resources to in-country teams. + **Root Cause Analysis and Corrective Action:** Lead and support root cause analysis of third-party risk issues, partnering with business and risk control functions to develop and implement effective corrective action plans, considering regional and cross-border implications. + **Continuous Improvement and Optimization:** Proactively identify and implement opportunities to enhance third-party risk management standards, procedures, controls, and governance processes, working closely with in-country teams. Support process improvement and transformation initiatives. + **Change Management:** Facilitate change management, assessing readiness and developing plans in collaboration with in-country teams. Ensure smooth transitions and adoption of new processes. + **Stakeholder Management and Collaboration:** Build and maintain strong relationships with key stakeholders, including regional and country Third-Party Risk Management leads, business unit heads, Compliance, Operational Risk, Internal Audit. Foster a collaborative environment across functions and locations. + **Regulatory Compliance:** Support in-country teams in maintaining TPM procedures aligned with Global policies, standards, and Local Regulatory requirements across the designated regions. Oversee local third-party inventories and support the full lifecycle of TPM, including onboarding assessments, continuous monitoring, and termination processes. + **Reporting and Governance:** Support relevant committees and forums, documenting and communicating discussions and actions. Provide regular updates and reporting on key risk indicators _._ **Qualifications:** + 10+ years of experience in third-party risk management, preferably within the financial services industry. + In-depth knowledge of TPRM frameworks, risk management methodologies, and regulatory requirements, specifically within Asia South jurisdictions. + Proven ability to analyze complex risks, identify root causes, and develop practical solutions. + Strong leadership, interpersonal, and communication skills, with an emphasis on collaboration and support. + Experience in influencing and collaborating with stakeholders across multiple functions and locations. + Solid understanding of governance frameworks and experience in supporting audits and regulatory reviews. + Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities simultaneously. + Bachelor's/University degree required; ------------------------------------------------------ **Job Family Group:** Project and Program Management ------------------------------------------------------ **Job Family:** Program Management ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Most Relevant Skills** Please see the requirements listed above. ------------------------------------------------------ **Other Relevant Skills** For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ _Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law._ _If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review_ _Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)_ _._ _View Citi’s_ _EEO Policy Statement (https://www.citigroup.com/global/eeo-aa-policy)_ _and the_ _Know Your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)_ _poster._ Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.