Third-Party Risk Oversight Manager

3 weeks ago

Wellesley, Massachusetts, United States Needham Bank Full time
Job Description

The Third-Party Risk Manager is a key second line function that reports to the Director of ERM. The position will provide oversight and review of the Company's Third-Party Risk Management (TPRM) program, ensuring all third-party relationships are properly assessed, managed, and monitored throughout the third party's lifecycle. The program's design is to ensure that Bank management fully understands and manages the risks posed by the third-party, and that both centralized and distributed vendor management responsibilities are executed in line with regulatory expectations, best practices, and SOX-related requirements.

Key Responsibilities
  • Lead and Drive the TPRM Program
    • Setting TPRM policies and standards, ensuring alignment with Regulatory requirements and expectations, best practices, and requirements related to internal controls over financial reporting.
    • Educating business lines on the Company's TPRM practices and roles and responsibilities.
    • Monitoring and reporting on business line adherence to the TPRM Program.
  • Collaborate with Business Lines
    • Building comprehensive third-party risk assessments, and ensuring that procedures and monitoring protocols are appropriately instituted across the company.
  • Define Due Diligence Requirements
    • Using a risk-based approach, defining appropriate initial and ongoing due diligence needed to manage the risk associated with third parties, as well as select fourth parties as needed.
  • Oversee Investigations and Remediation
    • Ensuring that vendor owners are collecting, analyzing, and drawing appropriate conclusions based on the required due diligence.
    • Overseeing investigations into incidents and issues, ensuring the third-party remediates issues in a timely and satisfactory manner.
  • Develop Risk Mitigation Strategies
    • Developing and presenting risk mitigation strategies and recommendations to relationship owners and other key stakeholders.
  • Report and Analyze Metrics
    • Developing, maintaining, and reporting specific TPRM metrics to Senior Management to drive visibility and accountability.
  • Stay Current with Regulatory Guidance
    • Continually staying abreast of emerging or changing Regulatory guidance, ensuring best practices are assessed and implemented into the TPRM Program in a thoughtful manner.
  • Manage Third-Party Monitoring Work
    • Managing specific third-party monitoring work, such as the support of cash-to-sales reconciliations for Marijuana Related Businesses and check-cashing activities of Money Services Businesses.
  • Lead and Mentor TPRM Analysts
    • Leading and mentoring TPRM analysts, managing and overseeing the work of analysts, ensuring quality and timeliness of their work product.
Requirements
  • Experience and Skills
    • Highly-motivated and driven professional who can handle multiple, cross-functional tasks, adapt to change, and work well with all levels of management in a dynamic and fast-paced environment - independently and in a team.
    • Deep knowledge of third-party risk management practices, regulatory guidelines, and impact on internal controls over financial reporting.
    • Experience managing the work of other employees.
    • Superior written and verbal communication skills, including the ability to influence senior management.
    • Strong customer service orientation and problem-solving skills.
    • Demonstrated analytical skills with strong attention to detail, accuracy, and completeness.
    • Strong computer and technical skills and the ability to quickly learn and apply new technology.
    • Experience working with a Governance-Risk-Compliance system preferred.
    • Proficient with the Microsoft Office suite (including Word, Excel, PowerPoint, and Visio).
    • Demonstrates and promotes high ethical standards and behaviors.
    • Maintains a professional manner at all times.
    • Exhibits a culture of teamwork, transparency, and collaboration.
    • Ability to demonstrate Needham Bank's Core Values (Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to your Community, Always Learn, Do the Right Thing).
  • Education and Experience
    • Minimum 5+ years' experience in a third-party risk management or similar role at a financial institution or other highly-regulated industry.
    • Minimum education requirement: Bachelor's degree.
    • Professional certification (CIA, CRMA, CERP, CTPRP, CTPRA, CRCM) or desire to pursue certification preferred.

Working Conditions/Physical Demands

  • Normal business office environment.

  • Operational Assurance Manager

    3 weeks ago

    Wellesley, Massachusetts, United States Needham Bank Full time

    Job SummaryThe Operational Assurance Manager will play a critical role in executing quality assurance reviews to provide oversight and monitoring of high-risk activities, including due diligence for high-risk customers, Bank Secrecy Act/Anti-Money Laundering (BSA/AML), and cannabis banking.This position reports to the Director of ERM and is responsible for...

  • Insurance Risk Management Associate

    4 weeks ago

    Wellesley Hills, Massachusetts, United States Deland, Gibson Insurance Associates Inc. Full time

    Job OpportunityDeland, Gibson Insurance Associates Inc. is seeking a highly motivated and detail-oriented individual to join our team as a Client Advocate Associate. In this role, you will play a crucial part in providing exceptional customer service to our clients and working closely with our team to build and implement risk reduction and insurance...

  • Insurance Risk Management Associate

    4 weeks ago

    Wellesley Hills, Massachusetts, United States Deland, Gibson Insurance Associates Inc. Full time

    Job OverviewDeland, Gibson Insurance Associates Inc. is seeking a highly motivated and detail-oriented professional to join our team as a Client Advocate Associate.This role is ideal for individuals who are passionate about delivering exceptional customer service and are eager to learn about the insurance industry.The successful candidate will work closely...

  • BSA Risk Analyst

    4 weeks ago

    Wellesley, Massachusetts, United States Needham Bank Full time

    Job SummaryThis role is responsible for identifying and preventing BSA/AML risks, as well as other functions as assigned by management.Key Responsibilities:Review and investigate BSA/AML alerts, and file CTR/SAR reports as needed.Monitor accounts and transactions using various reports and AML/Fraud software.Analyze high-risk transactions and reports to...

  • Audit Manager

    3 weeks ago

    Wellesley Hills, Massachusetts, United States Sun Life Full time

    Job Summary:Sun Life is seeking a highly skilled Audit Manager to join our Internal Audit team. As an Audit Manager, you will be responsible for managing complex audit engagements and projects, ensuring proper coverage and consideration of auditing principles and practices.Key Responsibilities:Manage and plan complex audit engagements, ensuring proper...

  • Audit Supervisor

    3 weeks ago

    Wellesley Hills, Massachusetts, United States Sun Life Full time

    Job Summary:As an Audit Supervisor at Sun Life, you will play a key role in managing and planning complex audit engagements and projects. Your primary responsibility will be to evaluate the adequacy and effectiveness of internal controls and the efficiency of operations for our clients.Key Responsibilities:Manage and plan complex audit engagements and...

  • Insurance Account Manager

    3 weeks ago

    Wellesley, Massachusetts, United States Deland, Gibson Insurance Associates Inc. Full time

    Deland, Gibson Insurance Associates Inc. is seeking a skilled Insurance Account Manager to join our Personal Lines team. As a key member of our team, you will work closely with clients to provide proactive service and peace of mind. The ideal candidate will have a minimum of 1 year P&C Insurance experience, a MA P & C License, and exceptional customer...

  • Restaurant Operations Manager

    1 week ago

    Wellesley, Massachusetts, United States Newport Restaurant Group Full time

    About the Position:At Newport Restaurant Group, we're seeking a highly skilled Restaurant Manager to oversee daily restaurant operations at Papa Razzi Wellesley. As a Restaurant Manager, you'll be responsible for ensuring a quality guest experience, managing staff, and maintaining high standards of food quality and service.Essential Duties:Managing all areas...

  • Insurance Account Manager

    4 weeks ago

    Wellesley, Massachusetts, United States Deland, Gibson Insurance Associates Inc. Full time

    Personal Lines Account ManagerDeland, Gibson Insurance Associates Inc. is seeking a highly motivated and organized Personal Lines Account Manager to join our team. As a key member of our Personal Lines team, you will be responsible for providing exceptional service to our clients, advising them on coverages and risk reduction strategies, and working closely...

  • Kitchen Department Manager

    2 days ago

    Wellesley, Massachusetts, United States Roche Bros Full time

    Job SummaryWe are seeking a highly skilled and experienced Kitchen Assistant Manager to join our team at Roche Bros.Key ResponsibilitiesAs a Kitchen Assistant Manager, you will be responsible for assisting the department manager in planning, organizing, leading, coordinating, and optimizing the materials and human resources in the kitchen department.You will...

  • Building Maintenance Specialist

    3 weeks ago

    Wellesley, Massachusetts, United States Lincoln Property Company Full time

    Job SummaryLincoln Property Company is seeking a skilled Building Engineer to join our team. As a key member of our facilities operations team, you will be responsible for maintaining the integrity of all building systems, ensuring the efficient operation of the building, and providing exceptional tenant services.Key Responsibilities Maintain and repair all...

  • Residential Project Manager

    4 weeks ago

    Wellesley, Massachusetts, United States Michael Page Full time

    Residential Project Manager OpportunityWe are seeking a highly skilled Residential Project Manager to join our team in the Greater Boston area. As a key member of our construction team, you will be responsible for overseeing and directing projects from start to finish, ensuring timely completion and within budget.Key Responsibilities:Direct and supervise...

  • Information Security Manager PPOC

    4 weeks ago

    Wellesley, Massachusetts, United States Boston Children's Hospital Full time

    Job Summary:The Information Security Manager- PPOC will be responsible for overseeing the PPOC Information Security Program and ensuring the data security of the PPOC and its member practices. This role will develop and maintain a comprehensive security program, ensuring compliance with federal and state privacy and security regulations applicable to...

  • Branch Manager

    1 month ago

    Wellesley, Massachusetts, United States M&T Bank Full time

    Job SummaryAs a Branch Manager at M&T Bank, you will be responsible for leading a team of professionals to achieve annual sales and profitability goals. You will have a sound working knowledge of the overall operations of the branch and be responsible for establishing and maintaining federal registration requirements outlined in the SAFE Act.Key...

  • Information Security Manager PPOC

    3 weeks ago

    Wellesley, Massachusetts, United States Boston Children's Hospital Full time

    Job Title: Information Security Manager PPOCJob Summary: Boston Children's Hospital is seeking an experienced Information Security Manager to oversee the PPOC Information Security Program and ensure the data security of the PPOC and its member practices.Key Responsibilities:* Develop and maintain a comprehensive security program and Information Security...

  • Building Maintenance Specialist

    4 weeks ago

    Wellesley, Massachusetts, United States Lincoln Property Company Full time

    Job OverviewLincoln Property Company is seeking a skilled Building Engineer to maintain the integrity of all building systems, operate the building in an efficient manner, and provide various tenant services.This role requires a strong understanding of mechanical and electrical systems, as well as excellent problem-solving and communication skills.Key...

  • Network Partnerships Account Manager

    3 weeks ago

    Wellesley, Massachusetts, United States Sun Life Full time

    Key Responsibilities:As a Network Partnerships Account Manager at Sun Life, you will play a pivotal role in spearheading the management of key leased network partner relationships. Your primary focus will be on ensuring client retention, pinpointing growth opportunities, and optimizing revenue streams.Key Accountabilities:Leverage prior experience and solid...

  • Accounts Receivable Specialist

    4 weeks ago

    Wellesley Hills, Massachusetts, United States Boston Endoscopy Center LLC Full time

    Job DescriptionAs a key member of our team at Boston Endoscopy Center LLC, the Accounts Receivable Specialist plays a vital role in ensuring the smooth operation of our financial processes. This position is responsible for managing the billing and collection of patient accounts, as well as maintaining accurate and up-to-date records.Key Responsibilities:Code...

  • Insurance Account Manager

    4 weeks ago

    Wellesley Hills, Massachusetts, United States Deland, Gibson Insurance Associates Full time

    Personal Lines Account ManagerWe are seeking a highly skilled Personal Lines Account Manager to join our team at Deland, Gibson Insurance Associates. As an integral part of our Personal Lines team, you will work closely with clients to provide proactive service and peace of mind.Key Responsibilities:Service the day-to-day personal insurance needs of clients,...

  • Insurance Account Manager

    3 weeks ago

    Wellesley Hills, Massachusetts, United States Deland, Gibson Insurance Associates Full time

    Job Summary:Deland, Gibson Insurance Associates is seeking a skilled Insurance Account Manager to join our Personal Lines team. As an integral part of our team, you will work closely with clients, providing proactive service and peace of mind.Key Responsibilities:Service the day-to-day personal insurance needs of clients, advising them on coverages and risk...