Third Party Risk Manager, AVP

MUFG•Tampa, FL

9d•$91,000 - $107,000•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. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Requirements

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.
A commitment to protect the bank from all risk exposure.
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

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.
Provides input into the TPRM Policy and System enhancements.
Responsible for ensuring that the phases of the Third-Party Lifecycle are completed.
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.
Responsible for the proper termination of activities within the TPRM Lifecycle.
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 providing support for risk assessments for engagements under the Third-Party Portfolio.
Responsible for information sharing about the Third Party to other TPMs and SRs, as necessary.
Awareness of corporate insurance requirements for third parties.
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 America).