Third Party Risk Manager

Old National Bank • Evansville, IN

8h • $82

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. The Third-Party Risk Manager is responsible for supporting the strategy, design and execution of the Third-Party Risk Management (TPRM) policies, program and practices for effective oversight, risk analysis and support of strategic sourcing initiatives. The role will manage the daily responsibilities of the third-party risk team and assist business segments through the third-party risk management lifecycle. This position builds strong partnerships with all lines of business and key stakeholders including but not limited to Contract Management, Sourcing, Compliance, Information Security, Business Continuity and Legal to ensure third parties are meeting and adhering to Old National’s expectations. This role reports to the Operational Risk Director. The salary range for this position is $81.700 - $165,100 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Requirements

• Bachelor's Degree in Business, Project Management, Accounting, or related field.
• 8+ years of experience in third‑party risk management, operational risk, audit, or related risk disciplines.
• Strong understanding of risk management concepts, including policy, standard, and procedure development and implementation.
• Excellent written communication skills, with the ability to clearly and concisely convey complex information to diverse stakeholders.
• Results‑oriented, with the ability to influence and motivate cross‑functional teams.
• Proven ability to manage multiple complex initiatives and deliver results within required timelines.
• Knowledge of banking operational and technology processes.
• Strong communication and influence skills, including report writing, presentations, and group facilitation.
• Demonstrated ability to build effective partnerships and maintain positive working relationships across all levels of the organization.
• Strong analytical, problem‑solving, and conceptual thinking skills.
• Advanced proficiency in Microsoft Office tools, including Word, Excel, PowerPoint, and Visio.

Nice To Haves

• Preferred certifications: CTPRP, CPA, CIA, CISA.
• Working knowledge of information technology risks, system integrations, and major system implementations preferred.

Responsibilities

• Manage implementation of the TPRM program and monitoring of the third-party relationship portfolio.
• Ensure consistent application of TPRM policies, standards, and guidelines to identify, assess, monitor, and mitigate business, operational, and technology risks.
• Maintain active alignment with supervisory and regulatory expectations.
• Manage a centralized, comprehensive third-party risk management platform, including oversight of the master inventory of third-party relationships.
• Oversee third-party due diligence, risk assessments, issue management, and ongoing monitoring activities.
• Perform risk-based reporting and escalation of key risk and performance indicators related to third-party relationships.
• Prepare materials and present third-party risk topics to governance committees, working groups, and senior management forums.
• Chair the Third-Party Risk Committee.
• Work cross-functionally with all business segments and key stakeholders to support a collaborative and effective third-party review process.
• Coordinate with subject matter experts (Finance, Credit, Legal, Information Security, IT, Compliance, Sourcing, Contract Management, Business Continuity, Disaster Recovery, and others) to ensure adherence to regulatory requirements and corporate standards.
• Support review of third-party agreements, partnering with subject matter experts to identify contractual gaps and required provisions.
• Provide oversight, direction, coaching, and development to TPRM team members.
• Develop and deliver training materials and resources to ensure stakeholders and team members understand their roles and responsibilities within the TPRM program.
• Train relationship owners and other stakeholders on third-party risk management expectations.
• Execute special projects and other assignments on behalf of Enterprise Risk Management.
• Contribute to the development and maturity of enterprise risk assessments, risk aggregation, and reporting.
• Participate in risk consulting and process improvement initiatives.
• Develop and maintain effective working relationships with all levels of the Bank.
• Serve as a liaison with internal and external auditors, consultants, and regulators related to third-party risk activities.

Benefits

• competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance
• 401K
• continuing education opportunities
• employee assistance program

What This Job Offers

• Job Type: Full-time
• Career Level: Manager