MUFG

Third Party Risk Manager – AVP

MUFG

full-time

Posted on:

Location Type: Hybrid

Location: Tempe • Arizona • Florida • United States

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Salary

💰 $91,000 - $107,000 per year

Job Level

Lead

About the role

  • Ensures that all Third-Party Risk Management (TPRM) Policies & Procedures are adhered to in the execution of the program throughout the full TPRM Lifecycle
  • Interface with second line of defense (SLOD) review and challenge and Internal Audit
  • Responsible for addressing, documenting and escalating Trigger Events for their assigned Engagements
  • Support preparation of TPRM portfolio and third-party performance for Risk and Management Committees, as required
  • Provides input into the TPRM Policy and System enhancements
  • Responsible for ensuring that the phases of the Third-Party Lifecycle are completed
  • Consults with the relevant Subject Matter Experts and acts as single point-of-contact for Third Party’s completion of risk-driven questions and/or documentation requests
  • Responsible for ensuring issues and risks are appropriately remediated or escalation protocols are followed
  • Responsible for the proper termination of activities within the TPRM Lifecycle
  • Consults with the Service Requestors throughout the phases of Third-Party Relationship Lifecycle
  • Responsible for quality of documentation in FLoD and TPRM systems
  • Responsible for providing support for risk assessments for engagements under the Third-Party Portfolio
  • Responsible for information sharing about the Third Party to other TPMs and SRs, as necessary
  • Awareness of corporate insurance requirements for third parties
  • Compliance with applicable rules and guidance impacting the TPRM program including OCC, FBR, FDIC, SEC, FFIEC, FINRA; in addition to other U.S. regulators (e.g., NY Department of Financial Services), and foreign-based regulators (e.g., Japan's Financial Services Agency, Canada's Superintendent of Financial Institutions, and those in Latin America)

Requirements

  • Bachelor’s degree required
  • 3+ years Third Party Management experience
  • Basic understanding of the financial services industry
  • Basic understanding of Operational Risk Management Programs and frameworks
  • Experience managing Third-Party relationships
  • Knowledge of regulatory bodies governing financial services
  • Strong analytical mindset, able to manage risks both at the micro and macro levels
  • Ability to identify issues and work them to closure, including remediation and escalation where appropriate
  • Strong communication skills and ability to create effective level appropriate executive presentations
  • Discretion and diplomacy when dealing with sensitive issues
  • Desire and talent for building and maintaining relationships
  • A commitment to protect the bank from all risk exposure
  • Experience working across a diverse set of stakeholders with positive results
  • Advanced experience with MS Office, Archer, Ariba, and Teams is preferred.
Benefits
  • comprehensive health and wellness benefits
  • retirement plans
  • educational assistance and training programs
  • income replacement for qualified employees with disabilities
  • paid maternity and parental bonding leave
  • paid vacation, sick days, and holidays
Applicant Tracking System Keywords

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

Hard Skills & Tools
Third Party Risk ManagementOperational Risk ManagementRisk assessmentsDocumentation qualityRegulatory compliance
Soft Skills
Analytical mindsetIssue identificationCommunication skillsDiscretionRelationship building