What are the responsibilities and job description for the Third-Party Risk Management Contract Specialist position at City National Bank of Florida?
Job Title
Third-Party Risk Management Contract Specialist
Job ID
2024-5202
Posted Date
11/22/2024
Category
Risk Administration
Type
Full-Time
Job Locations
US-FL-Miami
Location : Location
City National Bank of Florida
Job Post Information* : External Company Name
www.citynational.com
Location : Postal Code
33131
Location : Address
100 SE 1st Street
Third-Party Risk Management Contract Specialist
Job ID
2024-5202
Posted Date
11/22/2024
Category
Risk Administration
Type
Full-Time
Job Locations
US-FL-Miami
Location : Location
City National Bank of Florida
Job Post Information* : External Company Name
www.citynational.com
Location : Postal Code
33131
Location : Address
100 SE 1st Street
Qualifications:
- 2-4 years experience in vendor/third-party risk management, risk management program governance, Risk and Compliance, Audit or the field of cyber security.
- Strong understanding of the finance and lending industry, including vendor management and vendor risk assessment practices and concepts.
- In-depth knowledge of third-party risk management, including governance, performance monitoring, and implementation techniques to assess and mitigate vendor risks.
- Expertise in problem-solving, particularly with complex vendor management and risk-related challenges.
- Excellent verbal and written communication skills to effectively convey complex information and engage with stakeholders at all levels.
- Strong listening and interpersonal skills to foster collaboration, build relationships, and navigate vendor and internal team dynamics.
- Demonstrated initiative and motivation, with the ability to work both independently and collaboratively within a team environment, while managing multiple priorities.
- Comprehensive understanding of third-party risk management practices and relevant regulations, including those set forth by the Office of the Comptroller of the Currency (OCC).
- Proficient in vendor management systems (VMS) to monitor and track vendor performance, compliance, and risk assessments.
- Proficiency in Microsoft Office applications, particularly Excel and PowerPoint, to analyze vendor data, generate reports, and present findings to senior leadership.
Responsibilities:
- Bachelor's Degree in Business Administration, Risk Management, Finance, or a related field. Equivalent work experience may be considered in lieu of a degree