Third Party Risk Lead

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

The Third‑Party Risk Management (TPRM) Lead is responsible for executing third‑party risk management activities across a portfolio of vendors, with primary focus on Critical, Very High, and High risk third‑party relationships, in support of the Bank’s Third‑Party Risk Management policies, standards, and program. This role serves as a subject‑matter expert and escalation point within the TPRM team, ensuring complex risk assessments, issues, and remediation activities are executed in alignment with regulatory expectations and Bank standards.

The salary range for this position is $81,700/yr - $165,100/yr plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Third Party Risk Management

• Provide guidance and support to business segments on third‑party risk management expectations, requirements, and best practices throughout the third‑party lifecycle.
• Actively support implementation and ongoing execution of the Third‑Party Risk Management (TPRM) Program across the third‑party relationship portfolio.
• Conduct formal third‑party reviews in accordance with TPRM policies, standards, and procedures.
• Identify, document, track, and report third‑party risks and issues through remediation, exception or formal risk acceptance.
• Monitor adherence to corporate standards and expectations throughout the third‑party review process.
• Escalate concerns when risks, issues, or remediation efforts are insufficient or delayed.
• Work cross‑functionally with all lines of business to support a collaborative and effective third‑party review process.
• Support management of the centralized third‑party risk management platform, ensuring accurate, timely, and complete documentation.
• Maintain third‑party records, assessment results, issues, and supporting documentation within the system of record.
• Assist with preparation of management reporting, metrics, and dashboards related to third‑party risk.
• Support the review of third‑party agreements by providing standard contract requirements informed by third‑party risk assessments.
• Assist with internal and external audits, regulatory exams, and independent reviews related to third‑party risk management activities.
• Mentor and provide knowledge‑sharing support to other third‑party risk management team members.

Other

• Execute special projects and additional assignments as requested to support Third‑Party Risk Management and Enterprise Risk Management objectives.
• Contribute to the ongoing development, implementation, and maturation of third‑party risk management processes, training materials, and support resources.
• Develop and maintain effective working relationships with stakeholders across the Bank to promote collaboration…