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Job Ref: 15107

Salary: $0 – $

Risk Management/Third-Party Risk Consultant Temp
Located on-site in Manhattan with a commercial bank

Requirements:

  • Bachelor’s degree is required, and an advanced degree is preferred
  • Minimum 3 years of work experience in financial service industry is required
  • Minimum 3 years of work experience in risk management and minimum 2 years of third-party risk management experience are required
  • Knowledge of operational risk management and assessment, regulatory and compliance, general IT risk/IT operation as well as business lines and workflow in the financial/banking industry is required
  • Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred but not required
  • Must have  experience executing most/all stages of the TPRM lifecycle.    Experience with data interrogation (ie strong excel), as well as strong power point skills.  
  • Responsibilities:
  • – Establish and enhance the Third-Party Risk Framework, ensuring it consists of appropriate components to effectively manage third party risks
    – Update third party risk management policies and procedures
    – Develop and execute a third-party risk annual work plan to review and challenge risk identification, assessment, control evaluation and testing activities
    – Utilize a consistent risk rating methodology for controls that aligns with the Operational Risk Framework
    – Conduct periodic risk assessment of third-party risks Third Party Risk Management Lifecycle & Implementation of TPRM Second Line Review – Assess, monitor and track third party risk management lifecycle activities as second line of defense
    – Work with other SMEs under the third-party risk management framework to ensure the third-party risk management activities are efficient
    – Ensure third party risk management system is implemented and all updates are installed timely
    – Assist with RCSA quarterly review in the expertise of third-party risk management
    – Prepare aggregated third-party risk report

     
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