Senior Associate, Third Party Risk Management

Upstart

19h•$91,300 - $145,000•Remote

About The Position

Upstart’s Enterprise Risk Management team identifies, assesses, and manages risks across the organization. Its Third-Party Risk Management program oversees supplier risks throughout the relationship lifecycle and supports alignment with regulatory expectations and internal policies. The program is focused on scaling processes, strengthening oversight, and using technology efficiently. The Senior Associate will assess and manage third-party supplier risks and support continued development of the TPRM program. The role executes risk assessments using established frameworks, works with stakeholders to address control gaps, and contributes to process and tooling improvements, including AI-enabled solutions. The role is remote, with the team operating across East and West Coast time zones. The company encourages periodic in-person team sessions, whose cadence varies by team and role.

Requirements

At least 2 years of experience in third-party risk management, enterprise risk management, compliance, or audit.
Experience conducting risk assessments and documenting findings within established risk management or compliance frameworks.
Experience evaluating control effectiveness and identifying risk or control gaps.
Experience documenting or recommending remediation actions for identified control deficiencies.
Experience using vendor management or governance, risk, and compliance (GRC) platforms to support risk assessments, documentation, or monitoring.

Nice To Haves

Knowledge of interagency guidance and regulatory expectations related to third-party risk management.
Experience contributing to improvements in third-party risk management programs, frameworks, or assessment methodologies.
Experience supporting regulatory examinations, internal audits, or remediation of audit findings.
Skills in data analysis, workflow automation, or AI-enabled tools to improve risk management processes.
Experience in financial services, banking, or fintech environments, including exposure to evolving regulatory requirements.

Responsibilities

Execute third-party risk assessments throughout the supplier lifecycle, including onboarding, ongoing monitoring, and periodic reviews, ensuring timely completion and alignment with established program requirements.
Evaluate supplier controls across multiple risk domains, identify gaps, recommend remediation actions, and escalate complex or material risks to management.
Collaborate with Legal, Compliance, Information Security, Procurement, Enterprise Risk, and business teams to communicate assessment findings and support risk mitigation discussions.
Identify opportunities to improve TPRM frameworks, assessment methodologies, workflows, and reporting, and contribute to defined improvement initiatives with guidance from senior team members.
Support regulatory examinations, internal audits, and remediation activities by maintaining accurate documentation and contributing to the resolution of findings.
Use third-party risk management platforms, AI-enabled tools, and automation to improve assessment efficiency, documentation, and monitoring while applying appropriate human oversight.

Benefits

Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly.
401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually.
Employee Stock Purchase Plan with discounted stock purchase options for eligible US employees.
Comprehensive health coverage, including medical, dental, vision, and wellness resources for US employees, and supplemental health coverage for Canada.
Health Savings Account contributions from Upstart for eligible US plans.
Life insurance and disability coverage.
Paid time off, sick leave, and company holidays, in line with local requirements.
Paid family and parental leave.
Family-centered benefits supporting fertility, parenthood, and caregiving.
Employee Assistance Program offering mental health support and life-centered resources.
Financial wellness resources, including financial planning tools and a financial concierge service for US employees.
Annual wellness allowance supporting physical and emotional well-being and personal development.
Annual productivity allowance for relevant tools and resources.
Team events, all-company updates, and employee resource groups.
Catered lunches and fully stocked micro-kitchens at the Bay Area, Austin, Columbus, and New York City offices.