Central Payments

Third Party Risk Manager

Central Payments

full-time

Posted on:

Location Type: Hybrid

Location: Sioux FallsSouth DakotaUnited States

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About the role

  • Lead oversight of third-party relationships, including due diligence, ongoing reviews, incident tracking, and timely remediation
  • Maintain and update risk profiles for mission-critical third parties, ensuring accurate and dynamic risk assessments
  • Ensure all required documentation for new and existing vendors is complete, organized, and compliant with internal policies
  • Monitor regulatory changes and update third-party risk policies and procedures across the full vendor lifecycle
  • Partner with cross-functional teams to review third-party relationships and related products for regulatory and business alignment
  • Prepare and present risk assessments to executive leadership and governance committees, highlighting key risks, trends, and recommendations
  • Manage and mentor third-party risk analysts, supporting performance, development, and process improvements

Requirements

  • Strong knowledge of third-party risk management and compliance principles
  • Understanding of FFIEC and COSO guidance
  • Excellent analytical, organizational, and problem-solving skills
  • Ability to manage multiple projects and deadlines in a fast-paced environment
  • Strong written and verbal communication skills, with the ability to present risk insights clearly to diverse stakeholders
  • Experience building effective relationships with internal teams and external partners
  • Proficiency with risk management software and Microsoft Office
  • Bachelor’s degree in business administration, finance, risk management, or a related field
  • 3+ years of experience in risk management or a related area (or an equivalent combination of education and experience)
  • Third Party Risk Professional (CTPRP) certification is a plus
Benefits
  • A hybrid work environment with flexibility
  • Opportunities for professional growth and development
  • A supportive team culture where your voice is heard
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
third-party risk managementcompliance principlesrisk assessmentsregulatory changesrisk management softwareFFIEC guidanceCOSO guidanceproject managementanalytical skillsproblem-solving skills
Soft Skills
organizational skillswritten communicationverbal communicationrelationship buildingmentoringpresentation skillsperformance managementprocess improvementteam collaborationdeadline management
Certifications
Third Party Risk Professional (CTPRP)