Title: Director Third Party Risk Management & Vendor Oversight
Office Status: Hybrid New York, NY (2 Days Onsite)
Base Salary: $190k $215k+ Bonus
ABOUT THE ROLEThis Director-level opportunity at a well-established full-service payments, lending, and banking organization offers full program ownership of the Third-Party Risk Management framework serving as the Risk Program Owner for TPRM and playing a critical leadership role on the Third-Party Risk Oversight Committee with regular reporting to the Risk Management Committee and the Board. The role combines strategic framework development with hands-on program execution designing and implementing risk-based control frameworks, engaging risk owners across the enterprise, leading regulatory coordination, and overseeing a comprehensive third-party control testing program. Reporting directly to the Chief Risk Officer, this is the right seat for a seasoned TPRM leader who combines deep vendor risk expertise with strong executive presence and the ability to influence senior stakeholders across a complex, regulated financial institution.
RESPONSIBILITIES- Partner with the CRO to create strategic direction for the risk and control assessment process including identification of tool requirements and overseeing design and deployment of the TPRM program infrastructure
- Lead engagement with risk owners across the enterprise to understand how risks materialize with third parties and ensure they are appropriately addressed in the Third-Party Risk Assessment process
- Lead the design and implementation of a risk-based Third-Party control framework;evaluate the effective design and execution of controls owned by TPRM and oversee implementation of third-party related controls defined by other risk owners
- Oversee the timely completion of Third-Party controls by Business Activity Owners and other responsible parties;establish and operate a control testing process to validate the accuracy of completed Third-Party controls and determine required enhancements
- Lead and represent the function at the Third-Party Risk Oversight Committee;prepare and deliver regular reporting to the Risk Management Committee and the Board
- Act as the key point of coordination and communication with regulators on all Third-Party Risk Management matters
- Enhance the TPRM framework and policies to ensure the bank maintains a risk profile consistent with its risk appetite while supporting strategic goals
- Engage actively with senior managers and executives across the organization to drive risk awareness, accountability, and consistent execution of the TPRM program