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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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