Third Party Risk Lead
Listed on 2026-06-27
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Finance & Banking
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IT/Tech
Responsibilities
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.
SalaryRange
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.
KeyAccountabilities
- 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.
- 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 and consistent application of third party risk management expectations.
- Coach & Empower Others:
Provides timely feedback, support and guidance to encourage and support associates to accomplish tasks, solve problems, and enhance their professional development. - Gaining Agreement:
Uses appropriate interpersonal styles and techniques to gain acceptance of ideas or plans; modifies one's own behavior to accommodate tasks, situations and individuals involved.
- Communication/Climate Setting:
Shares information, maintaining emotional intelligence, tailoring the delivery to the audience, selecting appropriate delivery methods. - Culture & Values Leadership:
Demonstrates Old National's culture in daily interactions and encourages associates to live by our culture and core values.
- Drive and Execution:
Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance. - Establish Plans & Priorities:
Ability to determine a course of action and establish a timeframe to complete individual objectives and team goals. - Performance/Mo…
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