Director - Third Party Risk Management

1 month ago


New York, United States Broadgate Full time

Job Responsibilities


Strategy Development:


• Develop a comprehensive strategy for continuous monitoring of third and fourthparty relationships.

• Define goals, objectives, and key performance indicators (KPIs) to measure the effectiveness of the monitoring program.

• Stay abreast of industry trends, regulatory requirements, and emerging threats to continuously enhance the monitoring strategy. Process Implementation

• Design and implement processes for collecting, analyzing, and interpreting data from monitoring platforms.

• Establish protocols for risk assessment, threat identification, and remediation prioritization.

• Ensure alignment of monitoring processes with organizational policies, regulatory standards, and best practices. Technology Utilization

• Evaluate and select appropriate technology platforms for continuous monitoring, considering factors such as scalability, flexibility, and integration capabilities.

• Oversee the implementation and configuration of monitoring tools, ensuring optimal performance and functionality. Risk Assessment And Remediation

• Lead efforts to assess risk exposure associated with third and fourth-party relationships.

• Analyze monitoring data to identify potential threats, vulnerabilities, and compliance issues.

• Develop remediation plans and coordinate implementation efforts with relevant stakeholders to address identified risks promptly. Team Leadership

• Recruit, train, and mentor a team of monitoring professionals, fostering a culture of excellence and continuous learning.

• Provide guidance and support to team members in executing their responsibilities effectively.

• Manage workload distribution, performance evaluations, and career development initiatives for team members.


What You'll Need


• Bachelor's degree in Business Administration, Information Technology, Risk Management, or a related field. Advanced degree preferred.

• 10+ years of experience in third-party risk management, cyber security, or related fields, with a focus on monitoring and testing.

• Relevant certifications such as Certified Third Party Risk Professional (CTPRP), Certified Information Security Manager (CISM), Certified Information Systems Security Professional (CISSP), or equivalent.

• In-depth knowledge of monitoring platforms, tools, and technologies used for assessing third-party risk.

• Demonstrated expertise in leveraging technology solutions for continuous monitoring and risk assessment.

• Proven experience in developing and implementing risk management strategies and processes within a financial institution or regulated industry.

• Strong analytical skills with the ability to interpret complex data sets and identify actionable insights.

• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and senior management.

• Proven track record of building and leading high-performing teams, including recruiting, training, and performance management.



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