Data Governance Manager
West Bend Insurance Company
Unity
Vice President, Third-Party Risk Management
MUFG
full-time
Posted on:
Location: Arizona, Florida • 🇺🇸 United States
Visit company websiteSalary
💰 $114,000 - $160,000 per year
Job Level
Lead
About the role
- Report to the FLoD Director, Third-Party Management and execute TPRM oversight of highest risk-rated third parties in MUFG Americas
- Ensure Third-Party Risk Management Policies & Procedures are adhered to across the full TPRM lifecycle
- Ensure compliance with applicable rules and guidance (OCC, FRB, FDIC, SEC, FFIEC, FINRA; NYDFS; Japan FSA; Canada Superintendent of Financial Institutions; Latin American regulators)
- Interface with second line of defense (SLOD) review/challenge and Internal Audit
- Serve as primary TPRM support partner for SMEs, Business Unit Risk Managers (BURMs), and BU Management
- Support strategic planning execution for First Line of Defense (FLoD) TPRM
- Address, document and escalate Trigger Events for assigned engagements
- Prepare TPRM portfolio and third-party performance reporting for Risk and Management Committees
- Provide input into TPRM policy and system enhancements
- Execute TPRM metrics & reporting and provide insight into third-party activity and performance
- Provide oversight for outsourced TPM activities, ensuring contractual and SLA compliance
- Ensure all phases of the Third-Party Lifecycle (including Termination) are completed and documented
- Act as single point-of-contact for third parties to complete risk-driven questions and documentation
- Ensure issues and risks are remediated or appropriately escalated
- Ensure quality of documentation in FLoD and TPRM systems
- Support risk assessments for engagements and share information among TPMs and SRs as needed
Requirements
- Bachelor’s degree
- 7+ years Third Party Management experience
- Broad view of the financial services industry; experience within Capital Markets, Asset Management, Broker Dealer, Finance, Treasury, or risk management
- Strong knowledge of Operational Risk Management Programs and frameworks (RCSA, Loss data, Products and Services, Scenario Analysis, KRM/KRI, Issue Management)
- Significant experience managing complex and dynamic Third-Party relationships
- Knowledge of regulators governing financial services and guidance (OCC, FRB, FDIC, SEC, FFIEC, FINRA, NYDFS, Japan FSA, Canada Superintendent of Financial Institutions, Latin American regulators)
- Strong analytical mindset; manage risks at micro and macro levels
- Ability to identify issues and drive remediation and escalation to closure
- Strong communication skills and ability to create executive-level presentations
- Discretion and diplomacy handling sensitive issues
- Talent for building and maintaining relationships
- Commitment to protect the bank from risk exposure
- Experience working across diverse stakeholders
- Preferred: advanced experience with MS Office, Archer, Ariba, and Teams
