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Head of Third-Party Risk Management
Job Summary
A company is looking for a Head of Third Party Risk Management to oversee third-party risk relationships and develop risk management frameworks.
Key Responsibilities
- Develop, implement, and mature a Third-Party Risk Management Program aligned with banking standards
- Establish and evolve third-party risk management policies, standards, and procedures
- Coordinate response and resolution of third-party related incidents or breaches and ensure compliance with applicable laws and regulations
Required Qualifications
- 10+ years of experience in risk management, with at least 5 years in third-party or vendor risk oversight
- Bachelor's degree required; advanced degree preferred in Risk Management, Business Administration, or a related field
- Proven leadership experience in enhancing third-party risk management programs in complex organizations
- Strong understanding of regulatory requirements and industry standards
- Experience in developing Key Risk Indicators (KRIs) and reporting dashboards
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COMPLETE JOB DESCRIPTION
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