Manager - TPRM-Advisory Services

Job Description

The Third Party Risk Management Manager is responsible for overseeing the management and assessment of third-party relationships to ensure compliance with internal policies, industry regulations, and best practices. This role involves identifying, analyzing, and mitigating risks associated with third-party engagements to protect the organization against financial, operational, and reputational risks. Key Responsibilities: Develop and implement a robust third-party risk management framework and policies. Conduct risk assessments of third-party vendors to evaluate potential risks and compliance concerns. Establish and monitor key risk indicators to proactively identify and address risks in third-party relationships. Collaborate with internal stakeholders to ensure alignment between business objectives and risk management strategies. Review and negotiate contracts with third-party providers to include appropriate risk mitigation measures. Monitor and report on third-party risk exposure to senior management and governing bodies. Stay informed about regulatory changes and industry best practices related to third-party risk management. Qualifications: Bachelors degree in Business, Finance, Risk Management, or related field. Professional certifications such as Certified Third Party Risk Professional (CTPRP) or Certified Risk Management Professional (CRMP) are preferred. Minimum of 7 years of experience in risk management, compliance, or vendor management. Strong understanding of relevant regulatory requirements and industry standards. Excellent analytical, communication, and negotiation skills. Ability to work collaboratively across different organizational levels. The ideal candidate for this position will have a proven track record of successfully managing third-party risk within a complex organizational environment and demonstrating leadership in driving risk management initiatives. .