What are the responsibilities and job description for the VP/Director, Fintech Third-Party Risk Manager position at Madison-Davis, LLC?
Office Status: Hybrid
Salary: Up to $195k
Job Summary
The Director of Data Quality is a visionary leader responsible for driving the enterprise-wide data excellence agenda, aligning with the Bank’s digital transformation and innovation goals. This role will spearhead the enhancement of data governance, quality, and analytics capabilities while embedding a data-first culture across the organization. Reporting to the Chief Data Officer, the Director will play a critical role in unlocking business value through high-quality, trusted, and actionable data — enabling smarter decision-making, regulatory compliance, and operational efficiency.
This is a high-visibility, impact-driven leadership opportunity for a data executive passionate about architecting next-gen data ecosystems, accelerating data maturity, and influencing enterprise-wide data strategy.
Key Responsibilities
Our client is a dynamic, full-spectrum provider of banking, lending, and payments solutions, committed to delivering tailored financial services with a global reach and a personal touch. They are currently seeking a seasoned professional to lead their Third-Party Risk Management (TPRM) function as VP or Director, depending on experience.
This role will oversee the development, execution, and continuous enhancement of the organization’s Third-Party Risk Management strategy and governance framework. As the designated owner of the TPRM Program, this individual will serve as a key voice in the Bank’s Third-Party Risk Oversight Committee and will regularly provide updates to the Risk Management Committee and Board of Directors.
The successful candidate will be responsible for ensuring that third-party engagements are aligned with the institution’s risk appetite and strategic objectives, while maintaining regulatory compliance and operational integrity. This role requires close collaboration with executive leadership, cross-functional teams, and regulatory bodies.
Key Responsibilities:
- Collaborate with the Chief Risk Officer to define and evolve the strategic direction of the Third-Party Risk Management program, including identifying and implementing the necessary tools and infrastructure.
- Lead risk assessments by partnering with internal risk owners to understand how third-party relationships impact the organization’s risk profile.
- Develop and implement a risk-based control framework tailored to third-party interactions.
- Oversee the design, execution, and effectiveness of both TPRM-owned and enterprise-wide controls related to third-party activities.
- Ensure timely and accurate completion of required controls by Business Activity Owners and other relevant stakeholders.
- Design and maintain a control testing process to validate control execution and identify areas for improvement.
- Continuously benchmark the TPRM program against industry best practices and make recommendations for enhancement.
- Monitor evolving regulatory requirements related to third-party risk and drive timely and appropriate responses.
This role reports directly to the Chief Risk Officer and is a highly visible, influential position within the organization.
Salary : $195,000
