Risk Management Director
4 weeks ago
Ultimate Staffing is seeking a seasoned risk professional to lead its third-party risk management program. This critical role requires a deep understanding of regulatory expectations and the ability to assess and mitigate risks associated with third-party relationships.
Key Responsibilities:
- Develop and implement a comprehensive third-party risk management program that meets regulatory requirements.
- Assess and update the program to reflect company growth, evolving risk, size, and complexity.
- Ensure compliance with regulatory guidance requirements published by regulators.
- Oversee the identification, assessment, and monitoring of risks associated with third-party relationships.
- 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.
Minimum 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.
- Solid 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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