Third Party Risk Management Operations Specialist
4 weeks ago
Role Summary
State Street's Third Party Risk Management Program is designed to evaluate and mitigate risks associated with external partners. The Third Party Risk Management Operations Assistant Vice President will support the Head of TPRM Operations in monitoring daily activities, due diligence outreaches, and supplier response timeliness. The successful candidate will be responsible for tracking due diligence efforts, ensuring compliance with internal SLAs, and maintaining a high level of productivity. Key qualifications include a strong understanding of State Street's business lines, risk management expertise, and excellent communication skills.
Job Duties and Responsibilities
- Develop and maintain an understanding of State Street's business lines and products.
- Ensure effective communication of third-party risk posture to senior executives.
- Monitor and execute daily queues of executive summaries (risk posture) to be released to the business.
- Review results of TPRM risk assessments and document findings accurately.
- Provide MI and analytics to evidence progress and productivity.
- Maintain up-to-date procedure documentation and support audits and regulatory inspections.
- Support emerging TPRM program requirements in response to the evolving regulatory landscape.
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