Third Party Risk Manager (Hybrid/Remote)
Emprise Bank
Wichita, kansas
Job Details
Not Specified
Full Job Description
At Emprise Bank, everything we do is focused on empowering the neighborhoods, businesses, and people in our communities to thrive. We proudly work to provide extraordinary customer service and products to help our customers achieve their goals.
The Third Party Risk Manager will be responsible for implementation of third-party risk management framework for Emprise Bank including oversight of vendor relationships and contract governance , identification and implementation of due diligence requirements, identification and administration of MRM requirements and operational & infrastructure implementation to support strong third-party oversight.
This position is eligible for a Hybrid schedule in Wichita, KS and surrounding areas. Remote in South Dakota, Utah, Oklahoma, Missouri, and Nebraska.
A successful candidate will have:
- Proven ability in managing third-party risk
- High ability to collaborate with vendors and stakeholders
- Critical and analytical thinking skills
- Confident and articulate communication skills
- Strong attention to detail
- An understanding of and commitment to our values
- Attitude and aptitude to engage in continuous development
Essential Functions of the role:
Third-Party Risk Management and Oversight
- Maintain risk-based oversight of process for approval of all third-party relationships
- Enhance third party risk review and assessments for both initial due diligence and ongoing monitoring
- Ensure appropriate stakeholders finalize reviews and determine overall risk ratings
- Develop process to consistently identify, document and risk-rate third-party-party subcontractors/4th party relationships
- Enhance fourth party oversight ensuring issues are identified, captured and reported across all vendor relationships.
- Oversee the escalation and remediation of all TPRM vendor related issues identified through ongoing monitoring, the risk assessment process or incident management
- Oversee the vendor risk assessment process for new vendor onboarding and periodic risk assessment
- Enhance third party risk review and assessments for both initial due diligence and ongoing monitoring
- Oversee and incorporate Bank’s Model Risk management Program and Policy into TPRM program
Collaborate with Key stakeholders to manage Bank third-party relationships
- Work with vendor owners to assign risk ratings for all Third parties using consistent metrics
- Include support from BSA, Compliance, Credit Risk, Tech Compliance and others as appropriate based on scope and risk of third-party relationship
- Collaborate with partners and stakeholders to perform due diligence, risk assessment and ongoing monitoring of all third parties
Leadership
- Communicate expectations, define goals, coach and develop, recognize successes and evaluate performance and behavior of associates
- Encourage a work environment that supports continuous improvement and motivates employees to achieve goals
- Provide regular and timely coaching of associates on their performance.
- Trouble shoot problems and offer resolution as needed
- Establish and communicate department goals and objectives
Policy and Procedure Implementation
- Maintain the Third Party Risk Management Program and Policy, recommending changes as needed
- Develop and maintain procedures for documenting contract reviews
- Maintain a strong working knowledge of contract management guidelines
- Research, evaluate and recommend contract management process improvements
- Manage the life cycle of the Third Party Risk Management program
- Contribute to the development of detailed procedural documents and ensure alignment of TPRM with regulatory requirements including FFIEC, OCC and other applicable regulations
- Identify, prioritize and pursue opportunities to enhance third party risk management processes and introduce innovative approaches and solutions to optimize efficiency and effectiveness
Collaborate with Key stakeholders to manage Bank third-party relationships
- Work with vendor owners to assign risk ratings for all Third parties using consistent metrics
- Include support from BSA, Compliance, Credit Risk, Tech Compliance and others as appropriate based on scope and risk of third-party relationship
- Collaborate with partners and stakeholders to perform due diligence, risk assessment and ongoing monitoring of all third parties
Requirements
- Bachelors degree required or equivalent combination of experience and education
- 5+ years in third-party risk management
- Strong working knowledge of third party risk
- Strong ability to leverage technology and build third party risk framework
- Proficiency with large server-based applications and typical desktop software
Benefits
In addition to a competitive salary and benefits, Emprise offers professional growth, a rewarding and challenging environment, opportunities to be involved in our communities, and a culture of integrity, passion, and success. We also offer shift differential pay for bilingual candidates!
At Emprise Bank, empowering people to thrive means having an all-inclusive culture that honors our commitment to all dimensions of diversity in our workforce and embraces inclusion of all people. People of color, women, LGBTQIA+, veterans, and persons with disabilities are encouraged to apply.
To learn more, please visit our website at www.emprisebank.com.
Emprise Bank is an EEO/AA/ADA/Veteran Employer/Member FDIC/Drug Free Workplace.
Emprise Bank participates in E-Verify and will provide your Form-I 9 to the federal government to confirm authorization to work in the United States.