Third Party Risk Management Associate

New York, NY 10017

Employment Type: Direct Hire Industry: Banking/Finance Job Number: 2892

Job Description

Small High Profile Financial Organization seeks Third Party Risk Management Associate.

This is a direct hire full-time role with a premiere organization that offers competitive compensation and an excellent benefits package.

In summary, you will:
  • Perform third party vendor risk assessments, identify issues and/or control gaps, and recommend remediation initiatives.
  • Provide analysis and risk evaluation of operational risk management duties and participate in defining remediation efforts
  • Responsible for communications with auditors and regulators, including the ability to fully explain the risk management framework and current situation.
  • Assist in the reporting of vendor risk management activities.
  • Complete a comprehensive annual risk assessment for Business Continuity Management (“BCM”). Develop a quality assurance process for BCM
  • Perform Third Party Risk Management (TPRM) assessments on vendor engagements related to BCM.
  • Coordinate and enhance Operations Risk Assessments.
  • Review and re-design the business impact analysis (“BIA”) process to align with requirements and ensure all BIAs are updated annually.
  • Prepare reports, schedules meetings, takes notes, prepare minutes and maintains files for Organizational Risk Department.
  • Coordinates and enhances the Corrective Action Plan process and Policy and Procedures tracking process.


Requirements include:
  • 2+ years of related experience in Third Party Risk Management and/or Operational Risk Management that includes extensive vendor management and business continuity management.
  • A completed undergraduate college degree.
  • Strong organization skills
  • MS Project, MS Office, Visio
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