Syam Kumar Nittala

About Syam Kumar Nittala

Strategic and results-driven professional with over a decade of experience in Third-Party…

Experience

1. Manager - Global Third Party Risk Management

   HSBC

   Dec 2024 — Present

   Leading end-to-end coordination of third-party onboarding, renewals, and offboarding activities aligned with HSBC\'s enterprise risk frameworks. Spearheading risk governance for Non-Traditional Third Parties (NTTPs) while ensuring regulatory compliance and operational resilience.Key Responsibilities:Conduct comprehensive risk assessments covering financial crime, resilience risk, fraud prevention, and compliance.Facilitate risk assessments across Information Security, BCM, Data Privacy, Legal & Regulatory Compliance, ESG, and Financial Risk domains.Collaborate with cross-functional teams to develop vendor-specific resilience plans with RTOs and disaster recovery capabilities.Act as Single Point of Contact (SPOC) between Engagement Managers, Risk Assessors, Procurement, Legal, Compliance, and external vendors.Ensure compliance with global regulations: GDPR, OCC, EBA, NYDFS, DORA, MAS.Generate risk reports and dashboards for senior leadership and regulatory inspections.Key Achievements: Successfully integrated NTTP-specific resilience metrics into HSBC\'s risk framework Enhanced vendor governance mechanisms to streamline compliance processes and improve operational resilience.Key Skills:Third-Party Risk Management (TPRM) • Regulatory Compliance (GDPR, NYDFS, DORA, MAS) • Vendor Lifecycle Management • Risk Assessment & Due Diligence • Non-Traditional Third Party (NTTP) Governance • Operational Resilience • Business Continuity Management • Financial Crime Risk • Information Security Risk • Cross-Functional Leadership • Stakeholder Management • Risk Framework Development • Compliance Process Optimization • Management Reporting & Dashboards • Enterprise Risk Integration