Third-Party Risk Management Leader
5 days ago
Ultimate Staffing is seeking a seasoned risk professional to lead its third-party risk management program. This position requires a strong understanding of regulatory expectations and the ability to assess and mitigate risks associated with third-party relationships.
Responsibilities:
- Lead the third-party risk management program to ensure compliance with regulatory requirements
- Assess and update the program to reflect company growth and evolving risk
- Ensure compliance with regulatory guidance requirements published by regulators
- Oversee the identification, assessment, and monitoring of risks associated with third-party risk
- Collaborate with the legal, compliance, and information security teams to identify and mitigate risk
- Prepare and present reports to risk committees and the board of directors
- Serve as the point of contact for regulatory exams and audits related to third-party risk management
- Verify that contracts with third-party vendors include appropriate risk management provisions
- Develop and deliver training to staff on third-party risk management
Requirements:
- Bachelor's degree required; advanced degree preferred
- 10+ years of experience in third-party risk management, vendor management, or a related risk management role with a financial institution of assets over $10 billion
- In-depth knowledge of third-party risk management agreements and regulatory compliance requirements
- Strong understanding of regulatory guidelines such as FDIC, OCC, FFIEC, TXDOB, and experience with regulatory exams related to third-party risk
- Excellent communication skills
Relocation is not approved for this position.
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