Manager, Third Party Risk Management

Upstart

2d•$145,300 - $231,300•Remote

About The Position

Upstart's Risk team is building its second line of defense function in support of its application to establish Upstart Bank, N.A., a de novo national bank. The team is responsible for Upstart’s enterprise risk management program and risk governance, providing independent oversight and credible challenge across key risk categories including operational risk, third-party risk, technology and information security risk, treasury risk, and compliance risk. The Risk team partners closely with business leaders, executive management, and the Board to ensure material risks are effectively identified, assessed, monitored, and governed in alignment with OCC, FDIC, and interagency regulatory expectations. As the Manager, Third Party Risk Management at Upstart, you will lead the day-to-day execution of the bank’s third-party risk management program and oversee a team responsible for risk assessments, due diligence, ongoing monitoring, and vendor oversight activities. You will play a key role in ensuring the program remains scalable, exam-ready, and aligned with evolving regulatory expectations while supporting the growth of Upstart Bank.

Requirements

Bachelor’s degree or equivalent practical experience.
6+ years of experience in third-party risk management, compliance, audit, operational risk, or a related risk discipline within a banking or financial services environment.
Experience leading a third-party risk management program, including risk assessments, due diligence reviews, ongoing monitoring, and issue management across a multi-vendor portfolio.
Knowledge of OCC, FDIC, and interagency guidance related to third-party relationships and risk management, including the 2023 Interagency Guidance on Third-Party Relationships: Risk Management.
Experience assessing and managing risks associated with multiple third-party relationship types, including suppliers, lending partners, affiliates, and technology service providers.

Nice To Haves

Direct experience supporting OCC or FDIC regulatory examinations related to third-party risk management.
Experience leading or developing risk, compliance, audit, or third-party risk professionals.
Knowledge of affiliate risk oversight requirements, including Regulation W and related regulatory expectations.
Experience operating within a fintech, digital banking, or technology-intensive environment, including oversight of cloud, SaaS, and other technology service providers.
Experience using governance, risk, and compliance (GRC) platforms to support third-party risk assessments, issue management, workflow automation, and ongoing monitoring activities.

Responsibilities

Lead execution of the bank’s end-to-end third-party risk management program, including risk-tiered due diligence, onboarding risk assessments, ongoing monitoring, and offboarding activities across all vendor tiers.
Manage and develop the Third-Party Risk Management team by setting priorities, providing coaching, and ensuring consistent, high-quality risk assessments and oversight activities.
Serve as the primary second-line escalation point for elevated or complex third-party risk matters, providing risk-based recommendations and ensuring issues are appropriately documented, tracked, and resolved.
Maintain and enhance third-party risk management frameworks, risk tiering methodologies, assessment templates, and governance processes to support a scalable, risk-based program.
Partner with Legal, Compliance, Information Security, Affiliate Risk, and business stakeholders to ensure consistent application of third-party risk standards throughout the vendor lifecycle.
Lead regulatory examination readiness and support responses to OCC, FDIC, internal audit, and external audit inquiries related to third-party risk management.

Benefits

Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly
Retirement benefits to help you plan for the future, including a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada)
Employee Stock Purchase Plan (ESPP) with discounted stock purchase options for eligible employees (US only)
Comprehensive health coverage designed to support you and your family, including medical, dental, vision, and wellness resources for US and supplemental health coverage for Canada.
Health Savings Account contributions from Upstart for eligible plans (US only)
Income protection benefits, including life insurance and disability coverage for added financial security
Paid time off, sick leave, and company holidays, in line with local requirements
Paid family and parental leave to support caregiving and major life moments (duration varies by country)
Family-centered benefits to support fertility, parenthood, and caregiving needs
Employee Assistance Program (EAP) offering mental health support and life-centered resources
Financial wellness resources, including access to financial planning tools and a financial concierge service (US Only)
Annual wellness allowance to support your physical and emotional well-being and personal development, based on what matters most to you
Annual productivity allowance to invest in relevant tools and resources you need to do your best work, no matter where you work from
Connection and community through team events, all-company updates, and employee resource groups (ERGs)
Onsite perks, including catered lunches and fully stocked micro-kitchens when working from one of our offices in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!)