Third Party Risk Management Director
Tampa, FL, USA | DTCC
Job Description:73 people have viewed this job
The Third Party Risk Management Director is responsible for oversight and implementation of the Organization's Third Party Risk Management Framework.
Primary responsibilities are focused on key program pillars including the risk assessment process, due diligence, and ongoing monitoring.Understanding regulatory compliance requirements and looking for opportunities to strengthen the risk assessment processes. Serving as the Subject Matter Expert (SME) on third party regulatory matters, and applying the most current guidance on regulations, best practices, and third party risk trends. Partnering with SMEs within the organization to confirm adherence to program requirements.
A successful candidate have a technical background and knowledge of information security and and/or application life cycle management (development to implementation) to help lead oversight of the risk assessment process.
Business Unit: Global Chief Risk Office
Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.
What You'll Do
Provide oversight of the Risk Assessment team and confirm adherence to program requirements from onset of an engagement through to termination.This includes understanding the use of third parties providing technology, operational, or professional services across the organization.
Review and challenge risk assessments for completeness, consistency and accuracy prior to third party engagement.
Lead and execute policies in accordance to the Third Party Risk Management (TPRM) program and partners with other SME’s as well as ORM to ensure organizational governance.
Develop and strengthen relationships with business partners and risk control functions.
Develop, communicate and ensure adherence to department risk policies, procedures and best practices.
Develop and recommend strategies and tactical approaches that streamline activities and increase productivity to eliminate bottlenecks as the scope of the area’s responsibilities expands.
Research best practices and industry trends.Stay abreast of industry and market events that impact the firm.
Support and monitor ongoing staff education and development in effective risk management.
Sound Like You?
Minimum of 10 years of related experience
Bachelor's degree with Master's or equivalent experience preferred
CISA, CISSP, CISM, CRISC, or other information security certifications
Audit, Compliance, Quality Assurance, or Third Party Risk experience
Project management and process improvement experience
Experience managing teams based in various locations
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