Third Party Risk Management/Business Resilience Specialist

17 hours ago


Indianapolis, Indiana, United States First Commonwealth Bank Full time

At First Commonwealth Bank, we are seeking a highly skilled Third Party Risk Management/Business Resilience Specialist to join our team. This role will be responsible for coordinating third-party risk management processes for engagement and ongoing relationships between risk managers and third parties. The successful candidate will assist in the development, analysis, and reporting of third-party performance to satisfy Enterprise Risk reporting requirements. The specialist will also govern the third-party database/tracking product and act as a primary contact for questions and/or issues related to third parties and the management processes.

Key Responsibilities

  • Coordinate third-party risk management and business resilience processes for existing and potential third parties.
  • Develop, analyze, and report third-party performance and business resilience to satisfy Enterprise Risk reporting requirements.
  • Govern the third-party database/tracking and business resilience products.
  • Act as a primary contact for questions and/or issues related to third parties, business resilience, and the management processes.
  • Liaise between relationship managers and third parties to assist with the completion of initial and annual due diligence and to ensure complete and accurate third-party provider information.

Requirements

  • Bachelor's degree in Risk Management, Business Administration, Finance, or four years' experience with Third Party Risk Management, vendor management, Business Resiliency, compliance, or related fields preferably within the financial services or technology sectors.
  • Strong understanding of regulatory requirements (e.g., GDPR, CCPA, SOX) and industry standards (e.g., ISO 27001, NIST) related to third-party risk management and business resilience.
  • Proficiency in risk assessment methodologies, risk analysis techniques, and risk mitigation strategies.
  • Excellent project management skills, proficient reading, writing, and grammar skills, mathematical skills, proficient communicative and interpersonal relations skills, and proficient analytical ability to translate current technology and correlate with business needs.


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