Posted in Other 30+ days ago.
Type: Full-Time
Position Description:
Ent Credit Union's Third Party Risk Management (TPRM) function is a newly formed team with the responsibility of weighing the innovation and growth initiatives against the potential and actual risks associated with third parties that assist us in delivering quality products and services to our membership. This position is responsible for working with Third Party relationship managers and business partners to conduct periodic risk assessments, relationship check-ins, and identify, assess, and document risks associated with third party relationships. The Jr Specialist is also responsible for ensuring that any issues found during risk assessments are resolved by the appropriate parties. The Jr Specialist will assist with establishing standards for managing third party relationships, escalation procedures, and general best practices when working with third parties. They will act as a resource, and second line of defense to business units partnering directly with third parties.
The Risk Management function is a critical second line of defense to comply with regulations as well as facilitating and following best business practices which are key to advancing Ent's strategic objectives. The Third Party Risk Specialist plays an important part of the overall function in coordinating due diligence actions, analyzing data to determine Third Party risk ratings, reporting Third Party risk to the organization, and assisting business lines with managing and monitoring third party relationships.
Essential Job Duties and Responsibilities:
Coordinate due diligence activities with internal relationship managers and external third parties including the following:
Analyze data, risk, and processes to include the following:
Manage relationships between Ent Relationship Managers and third parties including the following:
Provide written and verbal communication of Third Party risks to relationship managers, subject matter experts, and leadership of all levels. These communications include, but are not limited to:
Minimum Formal Education Required for this Position:
Bachelor's Degree in Business, Information Technology, Finance, Risk Management or a similar discipline
Each year of relevant work experience may be exchanged for a year in a relevant degree program or vice versa. For example, a requirement of “Knowledge Consistent with a Bachelor’s Degree in Accounting and 2+ years’ of accounting experience” could be substituted for a High School Diploma and 6 years of relevant accounting work experience or a Master’s Degree in Accounting and 0 years of work experience
Minimum work experience:
Level I:
1+ years’ of Third Party management and / or risk management experience supporting general corporate practices (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management, project or product management).
(Preferred)1+ years’ of relevant experience supporting financial services practices.
(Preferred)1+ years’ experience in heightened expectations regulatory environment.
Level II:
3+ years’ of Third Party management and / or risk management experience supporting general corporate practices (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management, project or product management).
(Preferred) 3+ years’ of relevant experience supporting financial services practices.
(Preferred) 1+ years’ experience in heightened expectations regulatory environment.
Level III:
5+ years’ of Third Party management and / or risk management experience supporting general corporate practices (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management, project or product management).
(Preferred) 4+ years’ of relevant experience supporting financial services practices.
(Preferred) 1+ years’ experience in heightened expectations regulatory environment.
Technical or specialized knowledge/skills:
Certifications required:
(Preferred) Certified Third Party Risk Professional certification.
Environmental, physical and psychological requirements:
Must be able to sit or stand for prolonged periods of time in a climate controlled environment. Must be able to use fingers, hands, wrists for repetitive tasks such as typing, using a mouse, and operating a telephone. Demands for visual and auditory acuity are typical of an office environment. Must be able to interact via email, telephone, or in person with diplomacy, tact, and courtesy with all members under varying circumstances. Must be able to handle stressful situations in a professional manner. Must be flexible with schedule to work overtime as needed based on demands of the membership. Must be able to lift up to 40 lbs.
Salary range for Level I: $49,920.00 - $65,520.00 (S14) This position is eligible for an annual corporate bonus based upon performance
Salary range for Level II: $59,321.60 - $77,854.40 (S15) This position is eligible for an annual corporate bonus based upon performance
Salary range for Level III: $70,345.60 - $92,310.40 (S16) This position is eligible for an annual corporate bonus based upon performance
For information on our benefits please visit: https://www.ent.com/globalassets/pdf-files/legal/benefit-summary-sheet-2021.pdf
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Risk Management
Oldcastle |
Oldcastle |
9th Way Insignia |