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Third Party Risk Management Associate

New York, NYACG Resources

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Third Party Risk Management Associate

Responsible for assessing, monitoring, and tracking bank wide Third Party Risk Management Lifecycle activities, and ensuring the implementation of Third Party Risk Management process as second line of defense. S/He will assist with updating Third Party Risk Management procedure to ensure alignment with policies, updating risk rating methodology periodically, preparing aggregated Third Party Risk report on risk data and analysis including concentration analysis.

We are looking for candidates who have a Bachelor degree or above with at least 1 year of direct experience in Third Party Risk Management and 1-3 years of working experience in the banking industry. Knowledge of operational risk management and regulatory and compliance, business lines and workflow in the financial institutions/banking industry are required.
Experience in operational risk management tools, such as RACA, KRI, LDC, and Control Testing are preferred but not required.
Experience in reviewing business contract, SLA, or SOW are preferred but are not required.



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