Third Party Risk Manager

American National Bank of Texas • Terrell, TX

79d

About The Position

The Third-Party Risk Manager is responsible for managing The Bank's third-party vendors throughout the relationship life cycle ensuring the bank maintains an effective Third-Party Risk Management Program (TPRM) in compliance with all applicable laws, rules and regulations and leads the design, implementation, and oversight of the Bank's TPRM framework in compliance with OCC regulations and in alignment with the Enterprise Risk Management (ERM) Framework.

Requirements

• 7-10 year's experience in the Third-Party Risk Management Program or Vendor Management Program including experience in risk management, operations, project management, analytics, audit or a related role for a large-scale business, preferable in the banking industry.
• Three years in a leadership or senior-level risk oversight role

Nice To Haves

• Best Practice of Third Party Risk Controls and Processes
• Proactive Approach to Regulatory Strategy
• Regulatory Exam Management
• Risk Assessments
• Control Design
• Monitoring and Testing
• Policy and Procedures Management
• Strategic Thinking
• Project Management
• Improvement Processes and Efficiencies
• Issues Management

Responsibilities

• Function as a focal point and mediator among managers on Third-Party Risk issues with cross-organizational implications to ensure timely and effective resolution in alignment with the Enterprise Issues Management Program
• Manage key strategic third-party and business partner relationships of the Bank throughout their life cycle thereby ensuring that the Bank maintains an effective Third-Party Risk Management Program in compliance with all applicable laws, rules and regulations, and ensure the program is scalable to support vendors managed by other Bank management personnel
• Provide support and guidance to the Bank's third-party risk management efforts, serve as an advisor to Senior Management, assist regulatory agencies and/or auditors inquiries, perform risk assessments and ongoing due diligence measures, review and write related policies and procedures; and submit reports to the Risk Governance Committees detailing the Bank's third-party risk management risk-related issues
• Maintain and understand the complete breadth of professional services and related risks provided by vendors, business partners, and current support services. Work closely with Senior Management to communicate and implement necessary appropriate actions across department lines. Additionally, carefully consider the impact of any policy or procedure changes with respect to TPRM
• Oversee the products or services provided to the Bank for each vendor account, including, but not limited to projects, project cost, scope of work (SOW) management, service level agreements (SLAs), and reporting, Monitor supplier performance to ensure contract requirements are being attained
• Partner with key Bank personnel and others to ensure that financial, performance, risk and compliance requirements are being met, and remediate any gaps of deficiencies related to third-party service provider's compliance management system ability to comply with applicable laws, rules, and regulations
• Ensure the Executive Management and Senior Management are continuously informed of all aspects of the Bank's third-party risk management activities, including an evaluation of its relative risk exposure
• Analyze and communicate to the Director of Operational Risk the impact of all laws and regulations affecting the Bank's Third-Party Risk Management Program, including policies, procedures, new and existing products

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 501-1,000 employees