Vice President, Third Party Vendor Management APAC

  • Competitive
  • Singapore Singapore Singapore SG
  • Permanent, Full time
  • Bank Of America / Merrill Lynch
  • 23 Jul 18 2018-07-23

Vice President, Third Party Vendor Management APAC

About Bank of America Merrill Lynch:

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 40 countries. In the U.S alone, we serve almost all Fortune 500 companies and approximately 59 million consumers and small-business customers. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the World

Our Asia Pacific team is spread across 23 offices in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region's leading financial services companies.

Bank of America Merrill Lynch is committed to attracting, recruiting and retaining top diverse talent from across the globe. Our diversity and inclusion mission is to actively promote an inclusive work environment where all employees have the opportunity to achieve personal success and contribute to the growth of our business. Each of our global Employee Networks bring together employees, create dialogue and awareness in support of our Diversity and Inclusion mission.

Bank of America Merrill Lynch is an equal opportunities employer.

Position Description

The role is part of the GTO (Global Technology and Operations) Third Party Management team in APAC supporting diverse third party relationships, vendor services engagement that provide products and services to the GTO line of businesses. The Enterprise Vendor Manager will manage combination of Enterprise Critical, High Risk and strategic low risk vendors.

Key Responsibilities

  • Communication with third party providers/vendors to ensure their services aligned to Bank's Third Party Program policies and requirement.
  • Executes Third Party/Vendor Management program deliverables, ensuring the necessary documentation is completed and implemented.
  • Understanding of risk profile of Third Party service providers/Vendors.
  • Develop business partner relationships internally with Process Owners, Compliance, Risk partners, Sourcing, GIS (Global Information System) and relevant stakeholders as well as external vendor contacts.
  • Manages Third Party service provider/vendor performance and mitigates risk for assigned portfolio that may vary in risk and complexity.
  • Influences peers and senior management within the line of business to take action on complex, technical or sensitive topics.
  • Completion of vendor deliverables, vendor assessments, vendor performance scorecards, contract administration, issue management and reporting per program requirement.
  • Proactively identifies issues and emerging risks and take swift action to resolve or escalate as appropriate.
  • Supports relevant governance routines to report on Third Party service levels, risk status, and program management as needed, to support business decisions such as external procurement strategy and rationalization of Third Parties.
  • Participates in miscellaneous projects as needs arise (process improvements, internal audits, and regulatory support).

Key Requirements
  • Bachelor's degree in Business, Computer Science or related discipline.
  • 2 years + relevant Third Party management/Third Party Risk management experience.
  • Strong organizational skills, including the ability to manage multiple responsibilities.
  • Strong communication skills (including verbal, written, presentation and active listening).
  • Strong time management skills and adaptability, able to work independently or as part of a team.
  • Attention to detail and delivery of a high quality work product.
  • Ability to work well in a team environment, independently and develop relationships with a diverse group of stakeholders.
  • Prioritizes workload, special tasks and concurrent projects, allocating time and resources to ensure work deliverable is completed accurately and efficiently within time bound.
  • Ability to navigate in a complex organization and operate effectively in a dynamic environment.
  • Strong interpersonal skills.
  • Proficiency in Microsoft office operating products including Word, PowerPoint, Excel and OneNote.

Desired Skills
  • Sourcing/Procurement experience a plus.
  • Industry certified accreditation (e.g. CISSP, CISA) a plus

Posting Date: 10/07/2018
- Singapore

Full / Part-time: Full time
Hours Per Week: 40