Project overview: The Risk Consultant design of consulting and contingent process for the Third-Party Management Team risk assessments to align to regulatory requirements. The consultant will work on the following: creating a program from scratch, creating the due diligence process, and creainge the sustainability program

Contractor’s Role: Assist the organization in re-evaluating operational procedures and guidelines so as to ensure that established procedures align with top leadership’s directives, industry standards, and regulations.

Level: Senior

Qualifications:

• Previous experience with designing a risk program from scratch

• Experience working previously within third party oversite and/or working with the Big 4 consultancies

•10+ years in the Risk and Control space

• Experience developing a good strategy and design program, including sustaining the program for Vendor management, First line of defense, or Strategic Management

• Ability to work with little to no direction and build an items

Nice to haves:

• Previous exposure to consulting and/or contingent labor clients / suppliers

• Previous FI Experience

Tasks & Responsibilities

• Providing superior service delivery & support

• Responsible for designing certain enterprise-wide third-party risk management processes and managing through roll out and maturity

• Responsible for designing and periodically reviewing program related artifacts, risk methodologies, service categories and associated risk profile, reporting thresholds etc.

• Accountable for program documentation including development, periodic review, version control and organized storage for various program documents such as Third-Party Management Practice Standard, training materials, desk procedures, etc.

• Accountable for developing training materials, conducting firmwide TPM training and overseeing training performance for the program areas they have designed

• Monitor regulatory updates that correspond to the assigned area being designed and provide team with guidance on impact of changes in regulatory environment and how to adjust enterprise-wide program to support

• Responsible for review and prioritization of user specifications for technology enablement and process automations

• Responsible for managing, designing, and enhancing program activities and mature the program including serving as the TPM Program Subject Matter Expert for technology enablement

• Develop and manage a third-party risk management monitoring and reporting process that tracks third party risks