Job DescriptionTAL relies on Third Parties in its business operations. While these relationships offer benefits, they also introduce risks that can impact TALs customers, operations, reputation, and financial stability. The new APRA prudential standardCPS 230 Operational Risk Managementaims to ensure that APRA-regulated entities are resilient to operational risks, including those arising from Third Parties.The Third Party Risk Senior Manager plays a crucial role in implementing the Third Party Risk Management Policy. Your responsibilities include identifying, assessing, mitigating, and monitoring risks associated with Third Party arrangements. You will drive the delivery and embedment of Policy requirements, support business needs, and deliver benefits through your SME expertise.This is a hands-on, highly visible role supporting the business in achieving compliance with the new Policy requirements.Collaborate with various business units to implement and embed the specific requirements of the new Third Party Risk Management Policy, providing SME support to Level 1 Risk teams during the onboarding and management of Third Parties.Ensure risk management activities related to Third Parties comply with all relevant policies and procedures, and are reflected in the risks and controls of the relevant business profiles.Assist the business in conducting risk assessments and due diligence during Third Party onboarding.Support the monitoring of Third Party performance, including control effectiveness and reporting to relevant Committees.Conduct training, oversight, challenge, regulator reporting, and biennial reviews of the Framework and Policy.Oversee compliance with the Policy for Material Service Providers and support the annual submission of the Material Service Provider Register.QualificationsMinimum 5 years of experience in Risk, preferably in the Insurance industry, with a focus on Third Party Risk management.Experience working across multiple business units in large, complex organizations.Strong ability to challenge stakeholders constructively to determine optimal outcomes.Excellent relationship management, negotiation, and organizational skills, with the ability to meet tight deadlines.Proven ability to manage, influence, and resolve conflicts with multiple stakeholders.At TAL, you are always accountable for your actions. You strive for the best outcomes for customers and partners and value teamwork to find solutions.As part of the recruitment process, checks such as Criminal History, Bankruptcy, Entitlement to Work, Regulatory, and References may be conducted to verify your eligibility.Additional InformationWe value diversity and are committed to an inclusive culture. We encourage applications from Aboriginal and Torres Strait Islander peoples, individuals from all backgrounds, including those with caring responsibilities, people with disabilities, and from CALD and LGBTQI+ communities. Even if you dont meet every criterion, we encourage you to apply or contact us.We can accommodate your needs at any recruitment stageplease inform our Recruitment team.TAL is recognized as an Employer of Choice by the Workplace Gender Equality Agency and is a member of Diversity Council Australia and the Australian Network on Disability. For our reconciliation journey, read our Innovate Reconciliation Action Plan.We acknowledge the Traditional Custodians of the land where our Head Office is locatedthe Gadigal people of the Eora Nationand pay respects to their elders past, present, and emerging, extending this acknowledgment across all operated lands.#LI-HybridEveryone at TAL is responsible for conducting themselves ethically and following our Code of Conduct. Risk management is a shared responsibility.If you are an existing TAL employee, please apply via the SmartRecruiters button in Workday within the Employee Portal to ensure accurate recording of your application.#J-18808-Ljbffr
Job Title
Third Party Risk Senior Manager