NO SPONSORSHIP

Third Party Risk Management

Enterprise business risk

IT is a plus but not necessary

The preference is they come from a consulting background, big 4, or elite consulting, financial services

Regulated environment

Audit

The preferred is that they have Jira, Archer, ServiceNow

SALARY: $117K - $134K PLUS 15% BONUS

This role will provide critical support to Third Party Risk Management by overseeing Analysts in the execution of risk identification, Third Party Risk Assessments and mitigation support, as well as preparing Management reports. The Associate Principal will be working across multiple lines of business to assist with TPRM efforts to monitor and manage Third Party Relationships in compliance with TPRM procedures. In this role, they will have governance and oversight responsibilities to ensure third parties are properly assessed. In addition, the Associate Principal shall lead special projects as assigned.

Primary Duties and Responsibilities:

• Establish and maintain partnerships with internal and external stakeholders to ensure effective collaboration to identify, measure and manage Third Party risks and controls
• Assist in coordination with key stakeholders across multiple departments to initiate, scope and plan Third Party Risk Assessments of new and existing Third Party engagements (Vendors, FMU s, Exchanges, Clearing Members, Banks & other third parties)
• Complete Third Party Risk Assessments and ensure quality of work performed by other analysts
• Respond to Clearing Member and other external requests for information
• Oversee risk based analysis, such as communication of identified risks to key stakeholders, organizing remediation action plans, and track and monitor identified Third Party risks to closure
• Oversee planning, due diligence, monitoring and offboarding of Third Party services
• Assist with the creation and development of standardized reports, templates and scorecards used to inform management on Third Party risks
• Present Third Party findings to various levels of leadership
• Maintain an up to date understanding of emerging financial, operational, Third Party and regulatory/compliance related information to contribute to the continuous improvement of the Third Party risk management program
• Enhance and contribute to Third Party Risk strategies, tools, and methodologies to measure, monitor, and report risks

Qualifications:

• Bachelor s Degree
• 7 years of experience in Risk Management, Third Party Risk, Auditing or the equivalent
• Comprehensive knowledge of Third Party Risk Management processes and methodologies