Third Party Risk Management Reporting Specialist, AVP

MUFG (DBA)•Tempe, AZ

72d•$78,000 - $105,000•Hybrid

About The Position

This position will report to the Director, Third-Party Management for first line of defense TPRM and will be principally engaged in execution of the Third-Party Risk Management (TPRM) oversight of third parties in MUFG Americas. Third-Party Risk Management spans the Americas, and this is a key role in the success of the program.

Requirements

In depth knowledge and capabilities in collection and reporting of data is critical.
Comprehensive knowledge of database design and structure.
Program reporting experience, risk management reporting is preferable
Bachelor's degree required.
3+ years Third Party Management experience.
Basic understanding of the financial services industry.
Basic understanding of Operational Risk Management Programs and frameworks
Experience managing Third-Party relationships.
Knowledge of regulatory bodies governing financial services.
Strong analytical mindset, able to manage risks both at the micro and macro levels.
Ability to identify issues and work them to closure, including remediation and escalation where appropriate.
Strong communication skills and ability to create effective level appropriate executive presentations.
Discretion and diplomacy when dealing with sensitive issues.
Desire and talent for building and maintaining relationships.
Experience working across a diverse set of stakeholders with positive results.

Nice To Haves

Advanced experience with MS Office, Archer, Ariba, and Teams is preferred.

Responsibilities

Support the overall TPRM reporting package.
Work with TPRM leadership, 2nd line of defense, and Business Unit leadership to understand the specifics reporting need to appropriately monitor third-party risk
Ability to collect and assess large quantities of data is necessary to give an understanding of the third-party base
Produce moderate to complex analytical solutions to drive improvements and eliminate manual activities, where possible.
Understand existing analytical and automation solutions while continuously seeking opportunities for improvement or innovation within these areas.
Identify business reporting requirements through collaboration with internal business stakeholders. Gather insights, design, and implement solutions
Utilize advanced analytical and data modeling tools such as Power Query, SQL, Tableau, and Excel to build dashboards and monitoring tools for tracking performance metrics and process efficiency.
Ensures that all Third-Party Risk Management (TPRM) Policies & Procedures are adhered to in the execution of the program throughout the full TPRM Lifecycle.
Interface with second line of defense (SLOD) review and challenge and Internal Audit.
Responsible for addressing, documenting and escalating Trigger Events for their assigned Engagements.
Support preparation of TPRM portfolio and third-party performance for Risk and Management Committees, as required.
Consults with the relevant Subject Matter Experts and acts as single point-of-contact for Third Party's completion of risk-driven questions and/or documentation requests.
Responsible for ensuring issues and risks are appropriately remediated or escalation protocols are followed.
Consults with the Service Requestors throughout the phases of Third-Party Relationship Lifecycle.
Responsible for quality of documentation in FLoD and TPRM systems.
Responsible for information sharing about the Third Party to other TPMs and SRs, as necessary.
Compliance with applicable rules and guidance impacting the TPRM program including OCC, FBR, FDIC, SEC, FFIEC, FINRA; in addition to other U.S. regulators (e.g., NY Department of Financial Services), and foreign-based regulators (e.g., Japan's Financial Services Agency, Canada's Superintendent of Financial Institutions, and those in Latin American).