Compliance Officer

1 day ago


Muscat, Muscat, Oman beBee Careers Full time

Third Party Risk Management Lead

This role is responsible for overseeing and managing the organization's third-party risk management program. The primary goal is to evaluate and mitigate risks associated with third-party engagements, ensuring compliance with regulatory requirements and safeguarding organizational assets and reputation.

Main Responsibilities:

  1. Develop and implement a comprehensive third-party risk management framework, policies, and procedures.
  2. Establish risk assessment methodologies and criteria for evaluating third-party vendors.
  3. Ensure the TPRM program aligns with the organization's risk appetite and regulatory requirements.

Risk Assessment and Mitigation:

  • Conduct thorough risk assessments of third-party vendors, including due diligence and ongoing monitoring.
  • Identify potential risks (e.g., operational, financial, reputational, compliance) and develop mitigation strategies.
  • Collaborate with internal stakeholders to ensure risk mitigation measures are implemented effectively.

Due Diligence:

  • Oversee the due diligence process for onboarding new third parties.
  • Ensure all third parties comply with organizational policies, ethical standards, and regulatory requirements.

Vendor Management:

  • Establish and maintain relationships with third-party vendors and partners.
  • Conduct periodic/ad hoc reviews and compliance audits of third-party vendors to ensure adherence to organizational standards.

Regulatory Compliance:

  • Stay updated on relevant regulatory requirements and industry best practices related to third-party risk management.
  • Ensure the organization complies with applicable laws, regulations, and standards.


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