SMBC Group · 9 hours ago
Vendor Risk - Associate
White Plains, NY
Full-time
Hybrid
Mid, Senior Level
$85K/yr - $131K/yr
5+ years expSMBC Group is a top-tier global financial group offering a diverse range of financial services. The Third-Party Management Operations Associate will support the organization by managing risks associated with third-party service providers while ensuring compliance with TPRM policies and procedures.
AdviceBankingFinancial Services
Responsibilities
Ensures that all Third-Party Risk Management (TPRM) Policies & Procedures are adhered to in the execution of the program throughout the full TPRM Lifecycle
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)
Interface with second line of defense review and challenge and Internal Audit
Primary TPRM support partner for Subject Matter Experts (SMEs), Third Party Business Representatives (TPBR’s), and the head of Third Party Management Operations team
Support Strategic Planning execution for the TPMO team
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
Provides project management expertise in supporting TPMO Policy, procedures, program design and System enhancements
Execute activities to support TPRM metrics & reporting; providing insight into third party activity and performance for business unit executives and management committees
Responsible for coordinating team efforts ensuring that the phases of the Third-Party Lifecycle are completed within given SLA’s
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 Termination phase of the TPRM Lifecycle
Responsible for completing and providing support for risk assessments for engagements under the Third-Party Portfolio
Responsible for information sharing about the Third Party and the businesses Third party portfolio as necessary
Qualification
Required
Bachelor's degree
5+ years Third Party Management experience
Previous working experience in Financial Services
Strong knowledge of Third Party Risk Management Programs and frameworks including (but not limited to): RCSA, KPI/KRI development and reporting, and Issues Management
Significant experience managing complex and dynamic Third-Party relationships
Knowledge of regulatory bodies governing financial services and in providing guidance for adherence and monitoring the financial services industry
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
Strong Project Management skills
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
Benefits
Annual discretionary incentive award
Competitive portfolio of benefits
Company
SMBC Group
SMBC Group is a top-tier global financial group.
10001+ employees
H1B Sponsorship
SMBC Group 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 (160)
2024 (87)
2023 (73)
2022 (44)
2021 (29)
2020 (26)
Funding
Current Stage
Late StageLeadership Team
Hirofumi Otsuka
Senior Managing Executive Officer & CEO of Americas Division
Juan Kreutz
Head of Structured Finance Solutions and Deputy Head of the Americas
Recent News
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