Senior Analyst - Third Party Risk Management

What You’ll Be Doing: Support the offshoreThird Party Risk Assessment team in completing vendor risk assessments and due diligence activities. Oversee vendor riskclassification to ensure vendors are categorized according to their risk exposure and business impact. Ensure compliance with regulatory requirements, vendor governance policies and RAKBANK’s risk framework. Maintain the vendorrisk register and ensure risks, mitigation actions and required approvals are properly documented and tracked. Prepare vendor riskreports, dashboards,management metrics and due diligence profiles. Act as anescalation point for complex vendor risk issues, vendor non-compliance, overdue assessments and open observations. Coordinate with businessunits, TPRM, Procurement, onshore teams and vendors to resolve issues and remove roadblocks. Support procurement contract risk management in line with relevant outsourcing requirements and compliance provisions. Drive improvements across vendor due diligence, risk monitoring, contract risk management and reporting processes. Support training and awareness activities relating to vendor management policies, regulatory requirements and best practices. What We’re Looking For: Bachelor’s or Master’sdegree in Risk Management, Business Administration, Finance, Information Security or a related field. At least fiveyears of relevant experience in banking or financial services, with a focus on Vendor Management, Operational Risk Management, Third Party Risk Management or vendor governance within Procurement. At least twoyears of experience in a supervisory role. Strong knowledge of vendor management practices, regulatory requirements and outsourcing regulations. Experience managing vendor risk classifications, risk registers, due diligence assessments and open observations. Strong analytical and problem-solving abilities, with the ability to follow established policies and procedures. CIPS certification is preferred. Strong English communication skills. Skills: Third Party RiskManagement and vendor governance Vendor due diligenceand risk assessment methodologies Regulatory compliance and outsourcing requirements UAE Central Bank outsourcing and third-party risk requirements Vendor risk classificationand risk register management Risk reporting, dashboards and metrics preparation Procurement contract risk management Data analysis and report interpretation Stakeholder management and communication Analytical thinking and structured problem-solving Attention to detailand a strong risk mindset Vendor issue resolution and escalation management Collaboration across onshoreand offshore teams Integrity, accountability and continuous improvement

5+ years’ experience in banking or financial services, with focus on Vendor Management, Operational Risk Management, Third Party Risk Management or vendor governance within Procurement. At least 2 years in a supervisory role. Bachelor’s or master’s degree in risk management, Business Administration, Finance, Information Security or a related field, CIPS Certification Knowledge of vendor management best practices and regulatory requirements. Analytical and problem-solving abilities with ability to follow policies and procedures.

Support and oversee the offshore Third-Party Risk Assessment team in conducting vendor risk assessments and due diligence activities. Ensure accurate vendor risk classification and assessment of vendor criticality, risk exposure, and business impact. Monitor compliance with regulatory requirements, internal policies, and RAKBANK’s Third-Party Risk Management framework. Maintain and monitor the vendor risk register, ensuring timely tracking and mitigation of identified risks. Prepare and present risk reports, dashboards, management information, and due diligence summaries for stakeholders and senior management. Act as the escalation point for complex vendor risk issues, non-compliance, and overdue risk assessment activities. Partner with business units, Procurement, TPRM teams, and vendors to resolve issues and strengthen vendor governance. Drive continuous improvements in vendor due diligence, risk monitoring, contract risk management, and reporting processes. Support awareness initiatives and provide guidance on vendor management policies, procedures, and best practices.