Third-Party Risk Management (TPRM) Director

Current Employees and Contractors Apply HereOsaic Careers Risk Management Opportunity in Financial Services Director, Third Party Risk Management Location(s): 2300 Windy Ridge Parkway, Atlanta, GA Third Street North, Oakdale, MN Executive Center Drive West, St. Petersburg, FL Port Grace Boulevard, La Vista, NE N Hayden Rd, Suite 255, Scottsdale, AZ 85255 Role Type: Full time. Due to the nature of this position, candidates must be able to work a hybrid schedule. Salary: $105,000 - $175,000 per year annual bonus Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, experience, and education. Our competitive salaries are just one component of Osaic's total compensation package. Additional benefits include: health, vision, dental insurance, 401k, vacation and sick time, volunteer days and much more. To view more details of what you can look forward to, visit our careers page: Summary: The Director of Third-Party Risk Management (TPRM) will be responsible for leading the implementation, coordination, and administration of Osaic's TPRM program. The Director will collaborate with stake holders (IT Risk, IT Architecture, Business Continuity, Privacy, Procurement, Compliance, Enterprise Risk, and business leaders) in managing all high-level risks arising from our key third-party vendor relationships. This individual will set strategy for enhancing our overall program, develop oversight and governance reporting, set policy, and lead our TPRM Risk Committee. The Director will report directly to the SVP - Head of Enterprise Risk Management. In this role, the director will represent TPRM in various working groups and committees to provide support in evaluating vendor risks, managing regulatory change, and assessing risk of new vendor relationships. It is expected that this individual will have knowledge and/or experience with operational processes, industry trends with utilization of new technologies for automation and control monitoring, and ability to interact with all levels of home office staff. Prior experience in leading or assisting in developing a TPRM program is highly desired. Responsibilities: Lead the effort in implementing a world class TPRM program, covering the life cycle of third-party relationship: due diligence, onboarding, SLA monitoring, contract renewal/assessment, and termination. Collaborate with key stakeholders on execution of TPRM framework, including inherent risk assessment covering business continuity, information security, regulatory impact, and financial impact. Responsible for leading TPRM Committee and engaging stakeholders on key projects to strengthen control framework that includes regular reporting to Osaic's Risk Committee. Leverage broad enterprise knowledge, understanding of Osaic's unique risk profile and/or expert knowledge of core business discipline(s), products, and processes. This role may have leadership responsibilities of one to two direct reports. Communicate the TPRM vision and strategy across the organization. Provide subject matter expertise and knowledge of relevant risk trends. Support the Head of ERM to communicate results to governance committees, business process owners and various levels of Osaic leadership, and influence decision making. Show commercial acumen, leverage industry benchmarks and best practices. Consult with the business on developing corrective action plans to remediate identified issues in TPRM area. Monitor issue management, tracking, and closure. Education Requirements: Bachelor's degree in Business Administration, Finance, Accounting, Risk Management, or related field required. Basic Requirements: 4 years of third-party risk management or equivalent experience. Leadership experience. A thorough understanding of the COSO framework. Experience developing strong working relationships with key senior business, Audit, Legal, Compliance and business risk leaders. Ability to articulate issues, risks, and proposed solutions to various levels of staff and management. Ability to ask the right questions and to identify performance trends and the risk levers that warrant a deep dive. Preferred Requirements: Industry licenses such as FINRA Series 7, 66, and 24. Ability to drive multiple agendas simultaneously to achieve continuous outcomes. Capable of working in a fast-paced environment and managing a high volume of priorities and projects. Demonstrated ability to enhance and implement new processes. Current Employees and Contractors Apply Here

Created: 2024-11-13