Third Party Risk Program Manager
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Role & Company Overview
📋 Role Overview & Responsibilities
Date Posted: 04/17/2024Hiring Organization: Rose InternationalPosition Number: 462510Job Title: Third Party Risk Program ManagerJob Location: Chicago, IL, USA, 60604Work Model: HybridEmployment Type: Temp to HireEstimated Duration (In months): 6Min Hourly Rate($): 70.00Max Hourly Rate($): 79.00Must Have Skills/Attributes: Program management, Risk Management, Third Party Risk Management (TPRM) Job Description
- *Only those lawfully authorized to work in the designated country associated with the position will be considered.**
- *Please note that all Position start dates and duration are estimates and may be reduced or lengthened based upon a client’s business needs and requirements.**
The Third Party Risk Program Manager will be an expert in Third Party Risk Management and would be well versed in execution aspect of the program related to the entire lifecycle of third-party engagements. This is a central role interacting with business units, 2nd line of third-party, other team leads and offshore quality control team.
Required Education & Experience:• Bachelor's degree and approximately 10 years of related work experience with clear understanding of and experience in the Three Lines of Defense model• A thorough understanding of third-party (i.e., vendor, supplier, etc.) risk management, with prior experience in designing program solutions, risk scoring and aggregation methodologies and designing committee reporting• Understanding of global risk regulatory requirements with emphasis on US (OCC Bulletins, FFIEC, FRB, FDIC) or UK (PRA, FCA)• TPRM related certification such as CTPRP or CTPRA
Soft Skills Required:• Leadership and organizational skills. Ability to influence activities across multiple teams and across business units.• Outstanding writing, communication, and presentation skills• Sound analytical and problem-solving skills• Strong networking ability to develop internal and external networks based on integrity and credibility through active listening and understanding
Third Party Risk Program Manager Summary:• Responsible for tracking program throughput including various life cycle elements (Planning, IRQs, DDQs, Ongoing Monitoring, Contracting and Termination), periodic inventory review, open issues and open risk acceptance review and tracking of all internal projects• Responsible for designing and periodically reviewing program related artifacts, risk methodologies, service categories and associated risk profile, reporting thresholds• Accountable for assisting and guiding business partners through various stages of third-party lifecycle to ensure quality program execution• Accountable for program documentation including development, periodic review, version control and organized storage for various program documents such as Third-Party Management Practice Standard, training materials, desk procedures, assessment questionnaires, notification emails and other program documentation• Accountable for developing a quality control program including specimen selection, QC checklists, QC guidance & trainings and tracking of QC output• Accountable for developing training materials, conducting firmwide TPRM training and tracking training performance• Responsible for review and prioritization of user specifications for technology enablement and process automations• Responsible for reviewing all reporting coming out of the department, especially those going to regulators, committee meeting and Business partners• Responsible for engaging with and assisting 2LOD partners by providing business users' input for 2LOD deliverables
Benefits:For information and details on employment benefits offered with this position, please visit here. Should you have any questions/concerns, please contact our HR Department via our secure website. California Pay Equity:For information and details on pay equity laws in California, please visit the State of California Department of Industrial Relations' website here. Rose International is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender (expression or identity), national origin, arrest and conviction records, disability, veteran status or any other characteristic protected by law. Positions located in San Francisco and Los Angeles, California will be administered in accordance with their respective Fair Chance Ordinances. If you need assistance in completing this application, or during any phase of the application, interview, hiring, or employment process, whether due to a disability or otherwise, please contact our HR Department. Rose International has an official agreement (ID #132522), effective June 30, 2008, with the U.S. Department of Homeland Security, U.S. Citizenship and Immigration Services, Employment Verification Program (E-Verify). (Posting required by OCGA 13/10-91.).
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