Manager, Third Party Risk Management

Job Purpose

Responsible For leading and management of Third-Party Risk Management (TPRM) program. This Includes but Not Limited To:

• Appling and execution of TPRM Policy, Framework and Procedures based on a standard repeatable process
• Maintain quality assurance and ensure compliance with TPRM program policy and standards.
• Accountable for the effective execution and continuous improvement of the TPRM program, including issue resolution, escalation management, and remediation tracking
• Support and assist with all internal and external audit/exam related inquiries.
• Develop and maintain inter-departmental relationships with business partners.
  
  

Responsibilities

• Manage, lead and support team’s day-to-day activities including, but not limited to, pipeline management, continuous monitoring and execution of annual assessments.
• Take ownership of critical priority items including escalation to support business needs and objectives
• Build repeatable management cadence to build relationships with internal stakeholders throughout the third-party life cycle
• Oversee and review due diligence activities, assessment outcomes, and control gap analyses, leveraging multiple data sources to ensure accuracy, consistency, and risk‑based decisioning
• Develops, implements, monitors, and reports performance measures to help with improving program’s efficiency, effectiveness and overall performance
• Lead, assist and support critical projects, initiatives to meet business objectives
• Maintain awareness of emerging trends for services provided by various third parties.
• Support ongoing training awareness of industry trends and other related duties.
• May require occasional domestic travel as needed.

Knowledge And Experience

• Bachelor’s degree in Business, Finance, Information Systems, Risk Management, or a related discipline (or equivalent practical experience).
• Requires demonstrated 5+ years Management experience in a third-party risk and/or operational risk leading a team.
• Requires extensive knowledge of risk methodologies and techniques.
• Excellent analytical, decision-making, and problem-solving skills.
• Ability to persuade, negotiate and influence others to get buy-in and support.
• Extensive experience in developing relationships with various stakeholders, business units, regulators and third parties.
• Excellent verbal and written communication skills
• Ability to present information to a wide variety of audiences regardless of topic and effectively deal with issues that are confidential and sensitive in nature.
• Previous working knowledge of relevant legal and regulatory requirements, such as but not limited to:
  • SEC, FINRA, CFTC, FDIC (Bonds Market)
  • Bank Of England (BOE)
  • Financial Conduct Authority (FCA)
  • European Securities and Market Authority (ESMA)

Preferred Knowledge and Experience

• Certification such as, CISA, CISM, CISSP, CTPRP etc.
• Experience with the following tools: ProcessUnity, ServiceNow or other GRC tools.
• Experience with information security, IT security in a risk management or audit capacity   
• Business Acumen in Capital Markets, Exchanges, Clearing Houses, and/or Corporate Fixed Income.

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