Third-Party Risk Management Specialist

About the Role

We are seeking a seasoned professional to lead our third-party risk management efforts, developing customized solutions for large and mid-sized organizations.

The ideal candidate will establish strong relationships with clients, understanding their unique risk management needs and aligning our solutions with their organizational goals.

Key Responsibilities:

• Over 18 years of experience in risk management, with a focus on third-party risk management initiatives.
• Proven hands-on experience managing complex outsourcing relationships and contracts within regulated environments, demonstrating expertise in compliance.
• In-depth understanding of key TPRM regulations relevant to heavily regulated business sectors, including direct compliance experience with global banking regulations.
• Familiarity with implementing industry-standard TPRM technologies, along with knowledge of AI technologies and their impact on TPRM.
• Exceptional communication and interpersonal skills, with the ability to articulate complex risk concepts effectively to senior executives and stakeholders.
• Strong analytical and problem-solving skills, coupled with exceptional attention to detail.
• Relevant professional certifications, such as Certified Risk Management Professional (CRMP) or Certified Information Systems Auditor (CISA), are highly desirable.

Required Skills and Qualifications:

• Sales Leadership: Drive sales efforts for TPRM solutions by engaging with potential clients, identifying opportunities, and demonstrating how our offerings can address their specific risk management challenges.
• Customized Solutions Development: Create and implement tailored third-party risk management frameworks in accordance with client objectives and regulatory compliance requirements.
• Strategic Insights: Provide expert insights to senior leadership regarding the integration of TPRM solutions into broader organizational strategies, ensuring alignment with overall business goals.
• Client Engagement: Interact directly with senior stakeholders, including CIOs, CISOs, CFOs, CROs, and COOs, to communicate best practices in TPRM, share valuable insights, and identify potential risk exposures.
• Risk Assessments: Oversee comprehensive risk assessments of complex outsourcing relationships and contracts, ensuring compliance with regulatory frameworks.
• Regulatory Compliance: Stay informed of regulatory changes and industry standards, continuously assessing compliance and developing strategies to mitigate risks associated with third-party engagements.
• Cross-Functional Collaboration: Collaborate with cross-functional teams to evaluate and analyze third-party vendors, addressing financial, operational, technical, and reputational risks associated with their engagements.
• Technology Utilization: Leverage industry-leading technologies to enhance TPRM processes and improve overall efficiencies.
• Innovative Practices: Investigate and report on the applications of artificial intelligence (AI) and advanced analytics within the TPRM landscape, advising on potential initiatives and technologies for optimizing risk management practices.
• Training and Development: Lead training sessions and workshops on TPRM best practices for stakeholders throughout the organization, fostering a culture of risk awareness and proactive management.
• Program Monitoring: Monitor and report on the effectiveness of the TPRM program, providing regular updates to senior leadership and making recommendations for enhancements.

Benefits and Perks:

We celebrate diversity, support it, and thrive on it. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. Our inclusive environment promotes growth, creativity, and success.