Director of Third-Party Risk and Business Continuity
Melio
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Posted:
August 1, 2023
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Hybrid
About the position
The Director of Third-Party Risk and Business Continuity will be responsible for designing, implementing, and executing Third Party Risk Management (TPRM) and Business Continuity and Disaster Recovery (BCDR) programs. They should have hands-on experience in writing policies and procedures, developing compliance artifacts, and creating training and change management plans. The ideal candidate should be well-versed in financial regulatory expectations and have the ability to address regulatory findings. They should also possess strong problem-solving skills, the ability to work cross-functionally, and the capacity to find improvised solutions. This role will play a critical part in maintaining the company's reputation, financial stability, and operational continuity.
Responsibilities
- Design, implement, and execute Third Party Risk Management (TPRM) and Business Continuity and Disaster Recovery (BCDR) programs
- Write policies and procedures for TPRM and BCDR programs
- Develop artifacts to evidence compliance with TPRM and BCDR programs
- Develop training and change management plans for implementing and evolving TPRM and BCDR programs
- Have knowledge of financial regulatory and supervisory expectations in TPRM and BCDR
- Represent a regulated entity with supervisors
- Orchestrate remediation to address regulatory findings
- Comfortable in ambiguity and able to come up with improvised solutions and new ideas
- Work cross-functionally in a global organization and build relationships to drive adoption of TPRM and BCDR programs
- Remove obstacles and find solutions
- Have a strong understanding of risk, audit, compliance, and information technology terminology, concepts, and best practices
- Replicate sophisticated TPRM and BCDR practices for a young, rapidly scaling organization
- Work with colleagues new to BCDR and TPRM
- Engage with colleagues to leverage their technical expertise and educate them about TPRM and BCDR
- Plan the change management process for introducing and evolving TPRM and BCDR programs
- Process third party onboarding and maintain current vendor relationships
- Take ownership of tasks and drive the process forward
- Improvise solutions while systems and procedures are being designed or built
- Bring a collegial and positive attitude to work
Requirements
- Hands-on experience designing, implementing, and executing Third Party Risk Management (TPRM) and Business Continuity and Disaster Recovery (BCDR) programs
- Writing policies and procedures
- Developing the artifacts necessary to evidence compliance with the programs
- Developing the training and change management plans necessary to implement and evolve the programs over time
- Well versed in financial regulatory and supervisory expectations in these areas
- Experience representing a regulated entity with supervisors
- Demonstrated ability to orchestrate the remediation necessary to address regulatory findings
- Comfortable in ambiguity and constantly coming up with improvised solutions and new ideas
- Ability to work cross functionally in a global organization and build relationships to engage, enroll and drive adoption of TPRM and BCDR programs by the relevant stakeholders
- Expert level creative thinking and strong "on the spot" problem-solving skills
- Strong understanding and exposure to risk, audit, compliance, and information technology terminology, concepts, and best practices (bonus)
- Experience and perspective of how established organizations manage TPRM and BCDR combined with demonstrated ability to replicate sophisticated practices in a manner fit-to-purpose for a young, rapidly scaling organization (bonus)
Benefits
- Competitive compensation packages: Annual base salary range of $170,000 - $210,000
- Medical, dental, vision coverage with highly competitive and selected plans with 100% coverage, FSA and HSA
- 401K matching and stock options
- Wellness support including financial, physical, emotional, social, and community support
- Time off benefits including competitive vacation time, sick days, holidays, parental leave, and wedding days
- Food perks with fully stocked kitchens, weekly Seamless stipend, and catered meals
- Thriving office culture in collaborative offices in New York City or Denver, with a hybrid working environment and dog-friendly policy
- Growth and development opportunities through workshops, mentorship programs, and team building activities