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Third Party Vendor Risk Management, Director
MUFGTempe, AZ, United StatesThird Party Vendor Management Specialist
WELLS FARGO BANKCHANDLER, Arizona, United States of America- Promoted
Senior Vendor Risk Analyst
VirtualVocationsMesa, Arizona, United StatesAscentium Vendor Sales Account Manager (Remote Opportunity)
Regions BankScottsdale, AZ, Ascentium Scottsdale Regional OfficeVendor, Concessions - Sloan Park
Levy SectorMesa, Arizona, United States of America- Promoted
VP of Client / Vendor Relations
Airside MRO IncGilbert, AZ, USVendor Operations Analyst
Highmark HealthAZ, Working at Home, ArizonaCompliance Coordinator-Sub-Vendor
TEKsystemsTempe, AZ, USSenior Analyst Vendor Management
CVS HealthScottsdale, AZ, USCorporate Counsel - Vendor Transactions & Procurement
Blue YonderScottsdaleThird Party Vendor Risk Management, Director
MUFGTempe, AZ, United States- Full-time
Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.Job Summary : The Third-Party Executive (TPE) is responsible for the deployment, maintenance and continuous improvement of the TPRM Program and will participate in the governance of the vendor risk management program for the Bank, working in partnership across the three lines of defense and various supporting functional subject matter expert (SME) groups. The TPE will manage staff and teams to standardize processes and ensure execution of end-to-end high- performing capabilities for risk identification, assessment, measurement, mitigation, aggregation and reporting. The TPE will be responsible for the ongoing development and deployment of the policies, procedures and tools required to effectively manage and oversee the TPRM Program. Responsibilities include ensuring that the review, controls and testing cycles are appropriately deployed and monitored within the first line of defense (i.e. the line of business or corporate function that engages and manages the vendor relationship) and that timely and candid vendor performance feedback during the review process, including collaboration of development plans, is completed. In addition, the TPE will sponsor developmental opportunities, including on- the-job training and continuing education for professional staff to continually strengthen their skill set. The TPE will serve as the third-party vendor risk Subject Matter Expert (SME) on matters relating to third party regulatory guidance and risk management / mitigation.The TPE will interpret and apply the most current guidance, regulations, best practices and vendor risk trends commensurate with the Bank’s appetite for risk. In addition, the executive will support and regularly interact with Internal Audit, Operational Risk. Compliance and Bank regulators. Oversee a rigorous schedule of vendor assessments (including ownership of initial drafts, in partnership with contract managers) and ensure a summary opinion regarding the nature of vendor performance is rendered and supported, along with the identification of any critical vendor risk issues. Oversee third party vendor risk management practices, provide interpretation and counsel on policies and challenge existing practices as necessary. Monitor new developments and regulatory guidance in vendor risk management processes and implement program improvement as necessary. Independently prepare and analyze third party vendor risk reporting and program exceptions for senior management in order to monitor the level of residual risk to the organization. Direct continuous improvement, development and redeployment of the policies, procedures and tools required to effectively manage third party vendor risk within the first line of defense. Provide functional leadership within the organization for third party vendor risk management. Formulate materials for audit / regulatory updates, as requested, which accurately reflect the status of TPRM Program. Lead activities regarding third party existing / emerging products, processes and / or transformational initiatives; ensure that third party related risks are identified and accounted for. Prepare reports, materials and assessments for internal audit and regulatory exams, third party reviews, Bank committee meetings, and the Board of Directors, as necessary. Ensure the vendor risk profile is validated or updated at the conclusion of each assessment—or on a more frequent basis for higher risk third parties. Identify engagement risks and ensure appropriate remediation plans are developed. Ensure risk reviews are completed and verify that the required governance, policies, processes and controls are in place at third party locations and are consistent with the terms of written agreements, where required.Serve as third party vendor risk subject matter expert for functional areas within the division and effectively represent cross functional VRM objectives. Maintain a structured internal governance framework, to ensure effective oversight of third-party vendor risk and process compliance. Partner with Audit, Compliance, Enterprise Information Security, Legal, Finance, Accounting, etc to identify and implement controls and processes to effectively assess ongoing third-party vendor risk management. Maintain tools and repositories to calculate, score, and / or record vendor ratings and documents. Manage collection of supporting documentation (evidence) for third party vendor risk analysis and serve as a member of the Senior Management Team to influence and support initiativesRequirements : 15+ years of experience leading a Third-Party Risk Program in financial services or other regulated industryExtensive experience with audit, compliance, risk management, or related function with experience interpreting, defining, and implementing regulatory guidance.Experience building program and enterprise level capability with federated complex stakeholder model; direct experience with SME functions such as information security assessments and / or IT risk management preferred.Ability to keep up to date on leading edge technologies and security enhancements and provide solutions that meet business needs and directionAbility to analyze and interpret professional journals and governmental regulations and guidance and operationalize into standardized processes.Experience driving cross-functional collaboration and obtaining results through influenceExcellent project management, written and oral communications skillsLeadership Skills : Very strong subjective reasoning capabilities, great attention to detail and a high level of accuracy in all work, ability to navigate issues and incidents timing with prudent action, ability to drive consensus and navigate conflict productively.Communication Skills : Consistent demonstration of tact, discretion and good judgment, high degree of professionalism and confidentiality in handling sensitive informationTeam Building : Proven track record of cultivating relationships at all levels of the organization and leading through influence,The typical base pay range for this role is between $160K - $211K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and / or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.MUFG Benefits Summary ()We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!Our Culture PrinciplesClient CentricPeople FocusedListen Up. Speak Up.Innovate & SimplifyOwn & Execute