Madison-Davis Client
Job Description:
- Carry out various BAU tasks related to second line of defense Third Party Risk Management (TPRM) functions:
- Conduct review and challenge (risk assessment) for vendor onboarding and periodic due diligence requests
- Coordinate and document ongoing monitoring activities
- Process vendor offboarding requests
- Document and coordinate remediation of TPRM issues and program non-compliance
- Initiate and process vendor due diligence, including Financial Viability, Information Security, IT Risk, Subcontractor and Compliance reviews
- Liaise with Business lines to complete all required TPRM Program Activities
- Generate periodic status reports
Job Requirement:
- Minimum of 2 years’ experience in second line of defense TPRM activities (or combination of first line and second line)
- Minimum of 5 years’ relevant experience in operational risk or relevant risk management
- Minimum of 7 years’ working experience in financial institutions
- Excellent organizational and communications skills
- Bachelor’s degree is required