Third-Party Risk Management Specialist
3 days ago
**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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