Vendor Risk Manager AQ

Partnering with Aquent, we are seeking exceptional talent for a prominent and innovative leader in the financial services industry. This organization is committed to maintaining the highest standards of compliance and risk management, fostering a secure and efficient environment for all stakeholders. They continually adapt to evolving regulatory landscapes and emerging risks, offering a forward-thinking environment where your contributions will directly strengthen its resilience and operational integrity, playing a crucial role in safeguarding financial stability and trust.

Are you ready to make a significant impact within a leading financial services institution? Step into a pivotal role within a critical Risk and Controls team, where you will be instrumental in shaping and executing comprehensive third-party risk management strategies. This is an exciting opportunity to drive significant change, enhance oversight, and protect the firm’s interests. You will directly impact the firm’s ability to navigate complex regulatory landscapes, mitigate potential risks, and ensure the seamless operation of critical vendor services, making a tangible difference in a dynamic and evolving environment.

• Execute a robust third-party risk management framework, conducting risk assessment and oversight activities to effectively assess, monitor, and mitigate vendor risks.
• Consistently apply established risk assessment methodologies to evaluate third-party vendors across key areas such as criticality, compliance, cybersecurity, operational resilience, and financial stability.
• Collaborate seamlessly with cross-functional teams, including Legal, Cybersecurity, Compliance, and Finance, to ensure a holistic and integrated approach to risk management.
• Drive the timely completion of risk assessments, proactively identifying and addressing any obstacles that may impact contracting or the continuation of relationships with third parties.
• Ensure that all risk assessment reviews are thorough and confirm the completion of due diligence processes prior to agreement signatures.
• Guarantee that all activities and efforts align with firm policies, guidelines, and relevant regulatory guidance.
• Participate actively in identifying necessary policy and procedure adjustments to address the evolving risk environment and emerging risks associated with third-party vendors, both onshore and offshore.
• Tackle complex problems of diverse scope, requiring the evaluation of a variety of tangible and intangible factors through data analysis.
• Ensure that third-party risk management practices consistently comply with industry regulations, internal policies, and best practices.
• Stay continuously updated on evolving regulatory landscapes affecting third-party risk, recommending necessary program adjustments to maintain compliance and effectiveness.
• Establish and implement effective risk mitigation strategies specifically for high-risk vendors.
• Conduct regular risk reporting and promptly elevate critical vendor risks to leadership to ensure timely awareness and action.
• Leverage advanced third-party risk management tools and technology to streamline and enhance all aspects of risk reporting.
• Drive automation and efficiency improvements within team processes to optimize operations.
• Develop and deliver engaging brown bag risk discussions and quarterly risk awareness sessions for internal stakeholders.
• Take responsibility for adhering to third-party risk metrics, ensuring the completeness, accuracy, and timeliness of all third-party risk activities.
• Assist with acquiring necessary data and providing essential information during Internal Audit Reviews and Regulatory Examinations.
• Act as a trusted advisor to peers, applying a broad range of…