The incumbent is responsible for all aspects of and will provide oversight, guidance and challenge to the Bank's Third Party Risk Management (TPRM). S/he will establish and enhance the Third Party Risk Framework, draft and maintain TPRM policies and standards, develop and execute TPRM annual work plans, and conduct periodic risk assessments. S/he will also assess, monitor and track TPRM lifecycle activities, ensure documentation completeness, and prepare aggregated TPRM reports on risk data and analysis.
Include but are not limited to:
Third Party Risk Management Framework
Third Party Risk Management Lifecycle & Implementation of TPRM Second Line Review
Risk Assessment
BSA/AML, Compliance, and Talent Management
Bachelor's degree is required, and an advanced degree is preferred. Minimum 5 years of work experience in financial service industry is required for AVP level. Minimum 5 years of work experience in risk management and minimum 2 years of third party risk management experience are required for AVP level; Minimum 1 year of work experience in third party risk management is required for Associate level. Knowledge of operational risk management and assessment, regulatory and compliance, general IT risk/IT operation as well as business lines and workflow in financial/banking industry is required. Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred but not required.
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $42,000.00 - USD $150,000.00 /Yr.
Operational Risk Management Department-Third Party Risk Management AVP/Associate • New York, NY, United States
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