Assistant Manager - Third Party Risk Assessment

Assistant Manager

Roles & responsibilities 

• Understand and assess risk and policy implications of projects.
• Review Third Party risk assessments (TPRAs) submitted to QRM, triaging for Partner approval
• Possess a sharp focus and eye for detail to identify potential risks and effectively assess proposed mitigations. Escalate in a timely manner any risk that cannot be mitigated.          
• Working and liaising with internal stakeholders and risk management to understand requirements, identify and document key issues.
• The role involves dealing with, and challenging, a wide variety of stakeholders, primarily client facing partners and their teams and assisting them to navigate KPMG’s risk processes. 
• The role involves a high level of responsibility for guiding the business and the operation of KPMG’s risk controls.

Third Party Risk Assessment (TPRA)

• Third Party Risk Assessment TPRA is the process of evaluating risks associated with Subcontractors, Alliance Partners, External Consultants and other third parties involved in delivering engagements (i.e. consortium members, joint ventures), documenting mitigating factors and securing the approval of the entity or individual as a potential third party working with KPMG. At KGS we are only required to do TPRA review for corporate subcontractors only.
• An approved third-party risk assessment (TPRA) must be in place for all subcontractors before signing an agreement with the subcontractor or submitting a binding bid that includes the name of the subcontractor. 
• All prospective subcontractors must go through the Third-Party Risk Assessment (TPRA) process before starting work on an engagement with a client or audited entity. 

Roles & responsibilities 

• Understand and assess risk and policy implications of projects.
• Review Third Party risk assessments (TPRAs) submitted to QRM, triaging for Partner approval
• Possess a sharp focus and eye for detail to identify potential risks and effectively assess proposed mitigations. Escalate in a timely manner any risk that cannot be mitigated.          
• Working and liaising with internal stakeholders and risk management to understand requirements, identify and document key issues.
• The role involves dealing with, and challenging, a wide variety of stakeholders, primarily client facing partners and their teams and assisting them to navigate KPMG’s risk processes. 
• The role involves a high level of responsibility for guiding the business and the operation of KPMG’s risk controls.

Third Party Risk Assessment (TPRA)

• Third Party Risk Assessment TPRA is the process of evaluating risks associated with Subcontractors, Alliance Partners, External Consultants and other third parties involved in delivering engagements (i.e. consortium members, joint ventures), documenting mitigating factors and securing the approval of the entity or individual as a potential third party working with KPMG. At KGS we are only required to do TPRA review for corporate subcontractors only.
• An approved third-party risk assessment (TPRA) must be in place for all subcontractors before signing an agreement with the subcontractor or submitting a binding bid that includes the name of the subcontractor. 
• All prospective subcontractors must go through the Third-Party Risk Assessment (TPRA) process before starting work on an engagement with a client or audited entity. 

Educational qualifications

 

•Qualifications: Graduate degree from Tier 1/Tier 2 institute or Post Graduation/Diploma.

 

Work experience

 

•Minimum of 7+ years of professional experience, preferably in a Big 4 consulting firm

 

Experience Level

Mid Level