Third-Party Risk Management Specialist

2 days ago


Mechanicsburg, Pennsylvania, United States AgFirst Full time

**Company Overview**

Horizon Farm Credit is a premier rural lender with over 100 years of serving agriculture. We're constantly growing and seeking new members for our team.

Salary

The estimated salary range for this role is $93,000 - $116,300 per year, depending on experience.

Job Description

We're seeking an experienced Third-Party Risk Management Specialist to lead the charge in optimizing our Third-Party Risk Management program. As a pivotal member of our team, you'll set policy and governance, provide risk advisory, and oversee third-party risk and control assessments.

Key Responsibilities:

  • Maintain a risk-based framework for TPRM, prioritizing critical vendors that pose the greatest threat to our business objectives.
  • Provide thought leadership to continuously improve and streamline the framework, aligning with risk vs. reward principles and applicable laws and regulations.
  • Develop clear and concise reports highlighting key risk metrics and insights for business leadership.
  • Proactively identify and escalate risks associated with vendor concentration and dependencies, as well as risks from fourth-party relationships.
  • Manage and develop correspondence with vendors regarding RFPs, RFQs, pricing and contract negotiations, and contract/service management.

Required Skills and Qualifications

To be successful in this role, you'll need:

  • A Bachelor's degree in IT, Business Administration, or related field.
  • Generally, 5 or more years of related experience within Insurance, Banking, or Asset management.
  • A strong understanding of the TPRM life cycle, including vendor onboarding, due diligence, ongoing monitoring, and offboarding.
  • An in-depth understanding of third-party vendor risks, including cyber, operational, and financial risks.

Benefits

As a valued member of our team, you can expect:

  • Competitive compensation and benefits packages for full-time employees.
  • Paid time off, holidays, and volunteer time to support work/life balance.
  • Tuition reimbursement and training opportunities.
  • Student loan reimbursement.
  • Leadership and career development opportunities.
  • Equal Opportunity Employer status, including veterans and individuals with disabilities.


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