Enterprise TPRM - Specialist

About Our Company Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP. Job Description Third-Party Risk Management (TPRM) is the 2nd line of defense (2LOD) and is responsible for developing/maintaining strong TPRM practices to effectively and efficiently manage risks arising from Third Parties, in line with regulatory requirements - including end-to-end Enterprise Third Party Risk process, tools, applications, and external and internal data sources. This role will oversees the implementation of TPRM policies and standards that provide controls around outsourcing arrangements and management of third party relationships. Key Responsibilities Supports the successful execution of the TPRM Programs/Requirements by ensuring that all stakeholders are performing their respective roles and responsibilities associated with applicable policies, standards, procedures, and objectives. Conduct regularly scheduled meetings with business partner to communicate TPRM Program requirements and procedures, share best practices. Supports development of communication and training procedures, reference guides, and other TPRM Framework documentation to support TPRM Program evolution. Supports, and tracks reporting requirements - Key Performance Indicators (KPIs), and Key Risk Indicators (KRIs) Assists lines of business with ongoing TPRM Program monitoring and oversight including training and compliance metrics for TPRM Support updates to TPRM application and tools, working in close partnership with Line of Business owners and other stakeholders. Oversees third party risk management life cycle activities and identifies new risks as business requirements evolve and providing essential support and fostering cooperation among stakeholders and different teams to ensure risks are considered and managed at appropriate points. Work in a collaborative, and constructive manner with business units and our internal and external stakeholders to enhance the effectiveness of processes and controls.