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First Financial Bank Texas · 2 weeks ago

AVP Third Party Risk Program Manager

Abilene, TX

Full-time

Onsite

Mid Level

3+ years exp

First Financial Bank Texas is a growing organization that values innovation and collaboration. The Third-Party Risk Program Manager will oversee the company's Third-Party Risk Management, establish and enhance the risk framework, and conduct risk assessments to ensure compliance and effective management of third-party risks.

BankingCreditFinancial Services

H1B Sponsor Likely

Responsibilities

Establish and enhance the Third-Party Risk Framework, including the appropriate process and training that is commensurate with regulatory requirements and to effectively manage third party risks

Maintains the third-party inventory, including current relationship owner assignment, classification based upon business impact, collection of current due diligence, and issue management

Update third party risk management policies and procedures

Collaborates with business line management third-party relationship owners to influence key decisions

Develop and execute a third-party risk annual work plan to review and challenge risk identification, assessment, control evaluation and testing activities

Adheres to a consistent risk rating methodology for controls that aligns with the Enterprise Risk Management Standards

Conduct periodic risk assessment of third-party risks

Stays informed of emerging risks and TPRM regulatory expectations and industry best practices

Manage incoming prospective vendor engagement requests and work with internal stakeholders to confirm the completeness and accuracy of information, ensure due diligence is performed

Coordinate with cross-functional review teams to ensure reviews are incorporated into the final vendor assessments

Follow-up with third parties regarding incomplete due diligence information or follow-up questions required to complete assessments

Perform risk assessments on prospective and existing vendors in accordance with the company’s Third-Party Risk Management Policy and procedures

Identify, develop, and monitor issues and track through to completion

Leverage existing tools and processes to conduct periodic and ongoing monitoring of vendors

Support vendor risk reporting for management and committees, as required

Provide third party risk management guidance to lines of business staff, as needed

Ensure the completeness of the central documentation of the company-wide third-party population

Prepare aggregated third-party risk report

Keep abreast of current industry tools, trends, and regulatory requirements

Review contracts and ensure appropriate confidentiality agreements are in place

Assist with new product management risk assessment process

Assist with RCSA quarterly review in the expertise of third-party risk management

Addresses assigned issues with the business line owner, including root cause analysis, mitigation plan creation, progress tracking, and verification of completion

Reviews internal department policies, standards, and procedures to validate compliance with the appropriate regulatory and business requirements

Supports regulatory examination and audit preparation

Complete compliance training related to the position in a timely manner

Understand and comply with applicable laws and regulations that apply to the position

Safeguard First Financial and customer information

Comply with the bank’s Code of Business Conduct and Ethics and Information Security policies

Perform other duties and special projects, as assigned

Actively participate in the service culture, support the values of the organization, and follow established Bank policies and procedures

Qualification

Third-Party Risk ManagementRisk AssessmentRegulatory ComplianceMicrosoft SuiteRisk Management CertificationClient Relationship ManagementWritten CommunicationVerbal CommunicationSelf-Motivation

Required

Three (3) to five (5) years' experience required

Strong understanding of risk management requirements, processes, and practices for a regulated financial institution

Good proficiency with technology such as PCs and software/web-based products

High proficiency in Microsoft Suite of products especially Word and Excel

High degree of self-motivation and ability to work autonomously

Strong client relationship management and customer service

Excellent written and verbal communication skills and ability to interact well with internal and external stakeholders

Preferred

Bachelor's Degree preferred

Risk related certification(s), such as Certified in Risk and Information Systems Control (CRISC), ABA Certificate in Operational Risk Management, Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred, but not required

Knowledge of operational risk management and assessment, regulatory and compliance, general IT risk/IT operation as well as business lines and workflow in financial/banking industry is required

Company

First Financial Bank Texas

First Financial Bankshares, Inc. is recognized as one of the nation's most financially secure banking institutions, with assets totaling $14.3 billion.

Founded in 1890

Abilene, Texas, USA

1001-5000 employees

https://ffin.com

H1B Sponsorship

First Financial Bank Texas has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (1)

2024 (2)

2022 (1)

2021 (2)