Forbright Bank is hiring a
Third Party Operations Specialist in Worldwide

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Third Party Operations Specialist
🏢 Forbright Bank
💵 $80k-$120k
📍Worldwide
📅 Posted on Jul 2, 2024

Summary

The Third Party Operations Specialist is responsible for executing operational components of the Third Party Risk Management (TPRM) lifecycle and reports to the SVP, Director of Operational Resilience. This role requires a Bachelor's Degree or equivalent work experience, 4+ years of proven work experience in third party operations, hands-on experience with RSA Archer and JIRA, strong Excel knowledge, and familiarity with Interagency Guidance on Third-Party Relationships: Risk Management (FIL-29-2023) is preferred. The position offers comprehensive health, dental, and vision plans, 4 weeks PTO, 401k + company match, Metro SmartTrip benefits, remote or hybrid work schedules for most positions, bonuses for purchasing solar panels, electric vehicles, biking to work, etc., paid subscriptions to Veterans Compost, Imperfect Foods, and more!, Best Workplaces for Commuters 2023 & 2024 winner, The Washington Post Top Workplaces 2023 winner, and American Banker Best Banks to Work For 2023 winner.

Requirements

  • Bachelor's Degree or equivalent work experience required
  • 4+ years of proven work experience in third party operations required
  • Hands on experience with RSA Archer and JIRA required
  • Strong excel knowledge required

Responsibilities

  • Execute operational components of Third Party Risk Management (TPRM) lifecycle: initial risk assessment, periodic due diligence, ongoing monitoring, and offboarding
  • Partner with business stakeholders to help them navigate the centralized TPRM process
  • Review inherent risk questionnaire (IRQ) responses
  • Initiate and coordinate vendor due diligence reviews
  • Perform non-technical third party due diligence reviews
  • Partner with subject matter experts (SME) to coordinate their reviews
  • Prepare annual vendor packages
  • Document, monitor, and report on third party issues and policy exceptions
  • Document TPRM procedures and controls
  • Perform reconciliation to maintain a complete and accurate third party book of record

Preferred Qualifications

  • Familiarity with Interagency Guidance on Third-Party Relationships: Risk Management (FIL-29-2023) preferred
  • Prior project management experience preferred

Benefits

  • Comprehensive health, dental, and vision plans
  • 4 weeks PTO
  • 401k + company match
  • Metro SmartTrip benefits ($50/mo)
  • Remote or hybrid work schedules for most positions
  • Bonuses for purchasing solar panels, electric vehicles, biking to work, etc
  • Paid subscriptions to Veterans Compost, Imperfect Foods, and more!
  • Best Workplaces for Commuters 2023 & 2024 winner
  • The Washington Post Top Workplaces 2023 winner
  • American Banker Best Banks to Work For 2023 winner
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