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Manager, Strategic Sourcing

Location: Bangalore, KA, India
Job ID: 1003794
Company: Ocwen APAC

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Job Description

Manager, Vendor Risk Management, is responsible for identifying critical Third-Party risks (financial, operational and regulatory). This individual will lead vendor assessment initiatives. Identify and recommend control enhancements and provide management with outlined solutions to reduce and mitigate vendor risk. Monitor regulatory developments and emerging risks that impact VRM program including identification and remediation of VRM program gaps/issues.
The successful candidate will possess the ability to function independently, apply professional judgment, interface with all levels of management, and communicate complex matters clearly and succinctly.

• Lead assessment team efforts in establishing effective program around vendor risk and controls
• Conduct, manage and execute Vendor Risk Assessments
• Manage and develop a team of vendor risk professionals to execute vendor assessments (audits) and projects, providing direction and ongoing coaching and development
• Monitor and provide periodic inherent and residual risk reports, and recommend control enhancements with outlined solutions to address risks efficiently
• Ensure compliance with applicable legal/regulatory and contractual requirements
• Support due diligence activities required for vendor onboarding and external audit inquiries
• Consistently work with Line of Business and vendors to improve business and vendor performance in line with agreed service levels
• Ensure effective monitoring and tracking of diversity vendor spend
• Stay abreast of emerging trends and audit standard changes to assess impact on controls/procedures
• Drive continuous improvement initiatives by bringing leading practice frameworks, audit/assessment process improvements, and thought leadership
• Bachelor's Degree required. Preferred: Finance or Business Administration, Risk Management or related disciplines pertaining to data management and transmission i.e. information risk management, information technology, cybersecurity, data governance, etc.)
• At least 5 years of experience in auditing, risk management, or a combination
• Experience with Issue Validation and Remediation
• At least 3 years of project management experience or at least 3 years of experience managing audit engagements / third party risk management
• Work experience in mortgage industry, banking, financial services preferred
• At least 3 years of experience performing industry research or data analysis in support of assessments
• At least 2 years of experience in people management. Experience leading and providing feedback to staff on audit/assessment projects or engagements

• Solid knowledge and understanding of audit and risk methodologies and supporting tools
• Ability to add value and improve the quality of the outcomes, as opposed to merely run a process
• Strong understanding of financial regulatory environment
• Exposure or experience to multiple risk disciplines (i.e., operational risk management, enterprise risk, technology/cybersecurity or other risk disciplines)
• Ability to manage and control performance by virtue of organization, process, and data-driven feedback loop
• Ability to execute in a fast paced, high demand environment while balancing multiple priorities

• Preferred: Certified Third-Party Risk Professional (CTPRP), Certified Enterprise Risk Professional (CERP) or relevant disciplines such as Certified Information Systems Auditor (CISA), Certified in Risk and Information Systems Control (CRISC), Certified in Governance of Enterprise IT (CGEIT), Certified Information Security Manager (CISM), Certified Internal Auditor (CIA), Certified Public Accountant (CPA)

• Microsoft Office which includes excellent Excel and PowerPoint skills

• Ability to travel up to 15% as required for vendor assessments and other business-related travels (including India, Philippines and USA)

About Us

Company: Ocwen APAC

Ocwen is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity & Inclusion ensures that we are an organization that creates, promotes and sustains an inclusive work environment in which diversity, inclusiveness and respect are integral parts of our culture and work environment. Building the reputation as an outstanding place to work, a great business partner and a valued community member is our everyday endeavor.

Ocwen's mission is to delight our customers through caring service and innovative lending solutions. We proudly serve over 1.3 million families with their mortgage needs by helping to find real solutions that benefit our customers and help to build stronger communities. Helping Homeowners is What We Do!®

Consider an opportunity to join our global team and put "Caring in Action" while growing your career.

Our Service Excellence philosophy is: We consistently deliver on our commitments to customers, clients, investors, and colleagues through caring service, integrity and creative solutions. This philosophy is embraced by achieving our CARE service standards, which stands for Caring, Accurate, Responsive and Empowered. As a service organization, Ocwen firmly embraces this philosophy and recognizes that our collective success is an outgrowth of our employees, processes, and focus on operational execution and service delivery. As a member of the Ocwen team, you will receive tools, training and support to help deliver on our service objectives. Within our Service Excellence philosophy, we expect all employees to interact and engage our colleagues and our customers with respect, courtesy and professionalism; and achieve results consistent with our CARE standards.

Ocwen and its subsidiaries are proud to be equal opportunity workplaces. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.

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