Manager, Third Party Risk
About The Position
Manager, Third‑Party Risk Management You will manage a team responsible for performing risk evaluations and assessments of third‑party vendors and external partners. In this role, you’ll provide ongoing consultation and support to help the business effectively identify, mitigate, and report operational and strategic risks tied to third parties. You’ll partner across divisions to strengthen Vanguard’s third‑party risk framework and ensure consistent application of risk standards. This is a high‑impact leadership opportunity to guide critical risk decisions and enhance the firm’s protection against third‑party risk.
Requirements
- Minimum of five years of related work experience, including two years in risk management.
- Undergraduate degree or equivalent combination of training and experience required.
- Strong understanding of operational risk frameworks, third‑party/vendor risk processes, and risk reporting.
- Excellent communication, stakeholder management, and analytical skills.
- Proficiency in risk management tools and Microsoft Office suite.
Nice To Haves
- Supervisory or team leadership experience preferred.
- Graduate degree preferred (e.g., MBA, M.Com).
- Professional certifications preferred (CTPRP, CPA, CIA, CISI, MBA with risk or finance emphasis).
Responsibilities
- Hires, evaluates, and supervises crew and contractors.
- Provides coaching, guidance, and training to support professional development.
- Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with HR policies and procedures.
- Leads the development and delivery of third‑party risk guidance and oversight to business clients.
- Oversees evaluation and monitoring activities aligned with Vanguard’s operational risk framework.
- Builds strong partnerships across divisions to understand and support third‑party risk needs.
- Manages the creation, maintenance, and distribution of third‑party risk assessment materials.
- Ensures that tools and processes align with global risk policy and promote efficient risk identification, monitoring, and reporting.
- Establishes and maintains key criteria for tracking and reporting risk trends to assess framework effectiveness.
- Oversees the development of third‑party risk metrics and reports outcomes to internal stakeholders.
- Ensures documentation collection and due‑diligence processes comply with internal standards and regulatory expectations.
- Participates in cross‑functional and cross-divisional forums to facilitate continuous learning and knowledge sharing on third‑party risk methodology.
- Shares tools, techniques, and best practices to promote high‑quality, consistent risk management practices across teams.
- Provides consultation and facilitation support for projects related to third‑party risk.
- Coordinates, prioritizes, and actively manages multiple workstreams throughout the project lifecycle.
- Ensures team deliverables and timelines are met.
- Develops and maintains broad industry knowledge, including emerging third‑party risk management practices, regulatory expectations, and policy changes impacting the organization.
- Leads collaboration efforts with partners across departments and divisions to ensure coherent, efficient third‑party risk management.
- Influences stakeholders to adopt and advance the enterprise risk framework.
- Participates in special projects and performs other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
5,001-10,000 employees
