Third Party Risk Management Consultant


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
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