Third Party Manager, Assistant Vice President
MUFG
- Tempe, AZ
- $80,000-100,000 per year
- Permanent
- Full-time
- Ensures that all Third-Party Risk Management (TPRM) Policies & Procedures are adhered to in the execution of the program throughout the full TPRM Lifecycle.
- Interface with second line of defense (SLOD) review and challenge and Internal Audit.
- Responsible for addressing, documenting and escalating Trigger Events for their assigned Engagements.
- Support preparation of TPRM portfolio and third-party performance for Risk and Management Committees, as required.
- Provides input into the TPRM Policy and System enhancements.
- Responsible for ensuring that the phases of the Third-Party Lifecycle are completed.
- Consults with the relevant Subject Matter Experts and acts as single point-of-contact for Third Party’s completion of risk-driven questions and/or documentation requests.
- Responsible for ensuring issues and risks are appropriately remediated or escalation protocols are followed.
- Responsible for the proper termination of activities within the TPRM Lifecycle.
- Consults with the Service Requestors throughout the phases of Third-Party Relationship Lifecycle.
- Responsible for quality of documentation in FLoD and TPRM systems.
- Responsible for providing support for risk assessments for engagements under the Third-Party Portfolio.
- Responsible for information sharing about the Third Party to other TPMs and SRs, as necessary.
- Compliance with applicable rules and guidance impacting the TPRM program including OCC, FBR, FDIC, SEC, FFIEC, FINRA; in addition to other U.S. regulators (e.g., NY Department of Financial Services), and foreign-based regulators (e.g., Japan’s Financial Services Agency, Canada’s Superintendent of Financial Institutions, and those in Latin American).
- Bachelor’s degree required.
- 3+ years Third Party Management experience.
- Basic understanding of the financial services industry.
- Basic understanding of Operational Risk Management Programs and frameworks
- Experience managing Third-Party relationships.
- Knowledge of regulatory bodies governing financial services.
- Strong analytical mindset, able to manage risks both at the micro and macro levels.
- Ability to identify issues and work them to closure, including remediation and escalation where appropriate.
- Strong communication skills and ability to create effective level appropriate executive presentations.
- Discretion and diplomacy when dealing with sensitive issues.
- Desire and talent for building and maintaining relationships.
- A commitment to protect the bank from all risk exposure.
- Experience working across a diverse set of stakeholders with positive results.
- Advanced experience with MS Office, Archer, Ariba, and Teams is preferred.
- As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.