AVP, Enterprise & Third-Party Risk Manager

POSITION SUMMARY:

The Assistant Vice President (AVP)/ Enterprise & Third-Party Risk Manager of Enterprise & Third-Party Risk Management is responsible for supporting the Vice President, Director of Enterprise and Third Party Risk Management in overseeing the Bank’s Enterprise Risk Management (ERM) and Third-Party Risk Management (TPRM) functions. This role partners across business lines to ensure effective risk identification, assessment, monitoring, and mitigation. The AVP helps manage daily operations, coordinates risk assessments, prepares governance reporting, and assists with the execution of key initiatives related to Fintech relationships, vendor oversight, enterprise risk assessments, and enterprise monitoring.

The AVP acts as a key liaison with business partners, ensuring timely communication, effective issue resolution, and alignment with regulatory standards and industry best practices.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIE:

• Support the Director in implementing and maintaining the Bank’s ongoing initiatives, including sponsored debit and credit card payments and lending-as-a-service, from an enterprise and third-party risk management perspective, including conducting appropriate risk assessments.
• Conduct vendor due diligence, onboarding, contract management, ongoing monitoring, and offboarding processes for payment vendors, Fintechs, and other third-party relationships
• Review and track enterprise and third-party performance metrics, service level agreements, and audit findings.
• Monitor third-party concentration and fourth-party risks, escalating concerns as appropriate.
• Maintain accurate records and documentation within TPRM systems (Logic Manager, WolfPAC, Monday.com, spreadsheets).
• Assist in preparing reports and metrics for the Governance, Risk, and Compliance (GRC) Committee and senior management.
• Assist in the execution of enterprise-wide risk assessments, risk control self-assessments, and issue management processes.
• Collaborate with business lines to identify risks, assess controls, and develop mitigation strategies.
• Support the Bank’s change management process by coordinating risk assessment reviews for new initiatives.
• Contribute to governance reporting by drafting summaries, preparing data analyses, and ensuring accuracy of ERM dashboards.
• Assist in regulatory and compliance monitoring efforts, partnering with the Compliance Team on emerging risk requirements
• Prepare supporting materials for monthly Governance, Risk, and Compliance Committee meetings.
• Track and report on issue remediation plans, deadlines, and risk exception requests.
• Help ensure that enterprise and third-party risk management activities align with regulatory guidance and industry best practices.
• Partner with the Chief Compliance Officer, Chief Information Officer, and business unit leaders to coordinate risk oversight activities.
• Assist in developing and delivering risk management awareness sessions and training for stakeholders.
• Provide timely responses to internal and external audit or regulatory inquiries.
• Complete all other duties as assigned by the Vice President, Director of Enterprise and Third Party Risk Management

KNOWLEDGE, SKILLS and ABILITIES:

• Strong understanding of enterprise risk and third-party risk management principles, including regulatory understanding and knowledge.

• Strong understanding of Bank-Fintech partnerships, payment processing, and sponsor-Bank relationships

• Ability to analyze data, prepare reports, and communicate risk information clearly to senior management.

• Excellent organizational and time management skills; detail-oriented and thorough.

• Strong interpersonal and relationship management skills with the ability to influence without authority.

• Proficiency with risk management tools and systems (Logic Manager, WolfPAC, or similar preferred).

EDUCATION/EXPERIENCE REQUIREMENTS:

PREFERRED KNOWLEDGE SKILLS AND EXPERIENCE FOR THIS JOB:

Preferred Education/Experience: Bachelor’s degree required or advanced degree with professional certifications

Preferred Licenses/Certifications: CERP, CRMP, CTPRP

SUPERVISORY RESPONSIBILITIES (Yes/No):

May oversee analysts within the ERM or TPRM function, providing guidance, coaching, and feedback.

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday