Description:

Summary: The Third-Party Risk Specialist is responsible for scheduling, coordinating and maintaining quality of the end-to-end assessment process for third-parties. This individual will also be involved in the issue management process and management of issues identified through these third-party assessments. In addition, this role will be supporting the implementation of a common and consistent Third-Party Risk Management (TPRM) program to effectively manage third-party risk in accordance with internal policy and regulatory requirements.

Major Responsibilities:
Schedule, coordinate and review the end-to-end assessment process for new and existing third-parties.
Perform due diligence on all new and existing third-parties in accordance with TPRM policies and procedures.
Review and analyze all relevant third-party documentation received, perform required financial and regulatory checks.
Engage with Subject Matter Experts.
Review and ensure that all third-party metadata, including status, is accurately maintained in TPRM database.
Effectively communicate the status of open third-party issues.
Assist other team members, including performing quality peer reviews.
Contribute to the permanent improvement of the third-party risk management program (process, framework, indicators).
Participate in the definition of roadmaps and manage accordingly.
Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required internal standards and regulations.
Maintain broad knowledge of best practices and trends in Third-Party Risk Management. Work as a member of the team, supporting necessary activities to ensure the success of the TPRM program as may be delegated by the Head of TPRM.

Qualifications:
BA/BS required.
More than 5 years of related experience (e.g. Third-Party Risk, Vendor Management, Supply Chain Management Operational Risk, Audit).
CTPRP preferred.
Knowledge of various assessment types (e.g., Share Assessments for suppliers, self-assessments, SOC reports, audits, vulnerability assessments, penetration tests, third-party assurance).
Understanding of the key elements of the Third Party Risk Management Lifecycle. Experience in planning, organization and conducting Third-Party Assessments and Review Proven capabilities in influencing and negotiating priorities.
Experience working in the Insurance or Financial services sector preferred.

Job Type: Contract

Salary: $75.00 - $80.00 per hour

Schedule:

• 8 hour shift

Work Location: One location