Manager – Third Party Risk Management
Recruiting.com
full-time
Posted on:
Location Type: Remote
Location: Remote • Arizona, Colorado, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $100,700 - $155,100 per year
Job Level
Mid-LevelSenior
About the role
- Lead the overall governance related to onboarding third-party vendors
- Monitor third-party performance and compliance
- Track issues and manage vendor termination
- Supervise and lead a team of associates responsible for day-to-day operations
- Build strong working relationships with Risk Groups, Legal Department, Vendor Service Owners, Sourcing, and other internal partners
- Report to the Third-Party Risk Senior Manager in Enterprise Risk Management
- Collaborate with other teams on specific projects
- Identify, measure, and report operational and Third-Party Risk Management risks
- Support management of third-party risk onboarding and due diligence
- Execute issue management end-to-end activities
- Ensure adequate, appropriate, and current third-party risk documentation is maintained
- Leverage Third-Party Risk Management Software System for reporting and analysis
- Consult with business leaders to manage change
- Provide risk oversight for process improvement projects
- Develop and oversee ongoing monitoring activities in alignment with TPRM policy
- Assist in developing and facilitating training materials for the program
- Conduct quality control reviews on data and submissions
- Prepare reports and communicate risk findings to stakeholders
- Review contracts to ensure inclusion of required terms and conditions
- Continuously refine the Third-Party Risk Management Program
Requirements
- Must have a minimum of five (5) years of experience in third party risk or other applicable role
- Prior experience in Third Party Risk Management, Procurement, or managing supplier relationships preferred
- Bachelor’s degree required
- Experience in coding or programming is a plus
- Strong understanding of risk management principles and practices
- Proven management experience with the ability to lead and develop a team
- Proficient in data analysis and capable of interpreting contracts, compliance documentation, and financial statements
- Excellent written and verbal communication skills for reporting findings and collaborating with vendors and internal stakeholders
- Proven ability to identify and mitigate risks and develop effective risk mitigation strategies
- Self-motivated and capable of working independently with strong organizational skills
- Ability to multitask and thrive in a fast-paced environment
- Consistently meets deadlines and delivers results
- Proactive problem solver with sound judgment and critical thinking skills
- Detail-oriented and results-driven
- Proficient in Microsoft Word, Excel, Outlook, and PowerPoint
- Willingness to learn new technology systems or programs
- Experience with flowcharting software
- High ethical standards with the ability to handle sensitive information confidentially
Benefits
- medical, dental, and vision care
- backup dependent care
- adoption assistance
- infertility coverage
- family building support
- behavioral health solutions
- paid parental leave
- paid caregiver leave
- training programs
- professional development resources
- mentorship programs
- employee resource groups
- volunteer activities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
third party risk managementdata analysiscontract interpretationcompliance documentationfinancial statement analysisrisk mitigation strategiescodingprogrammingflowcharting software
Soft skills
leadershipteam developmentwritten communicationverbal communicationorganizational skillsmultitaskingproblem solvingcritical thinkingattention to detailresults-driven