What are the responsibilities and job description for the Third-Party Risk Governance Specialist position at Needham Bank?
We are seeking a highly motivated Third-Party Risk Governance Specialist to join our team at Needham Bank.
Job Overview:
- Lead and drive the company's third-party risk management program, ensuring alignment with regulatory requirements and best practices.
- Collaborate with business lines to build comprehensive third-party risk assessments and develop procedures for ongoing due diligence.
- Develop and present risk mitigation strategies and recommendations to relationship owners and other key stakeholders.
Requirements and Qualifications:
- Minimum 5 years' experience in a third-party risk management or similar role at a financial institution or other highly-regulated industry.
- Deep knowledge of third-party risk management practices, regulatory guidelines, and impact on internal controls over financial reporting.
- Superior written and verbal communication skills, including the ability to influence senior management.
- Demonstrated analytical skills with strong attention to detail, accuracy, and completeness.
- Strong computer and technical skills and the ability to quickly learn and apply new technology.
Compensation and Benefits:
- A competitive salary of $120,000 per year, based on industry standards and location.
- Fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off (PTO), paid holidays, bonus program, flexible spending accounts, vision service plan, group term life insurance, short and long-term disability insurance, tuition reimbursement, and an Employee Assistance Program.
About Needham Bank:
We are a dedicated team committed to building a diverse, inclusive, and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly with every qualification, we still encourage you to apply.
Salary : $120,000
