Director Third Party Risk Management & Vendor Oversight
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.1
Reclaim your time by letting our AI handle the grunt work of job searching.
We continuously scan millions of openings to find your top matches.

Overview
Remote
On-site
Compensation
$190,000-$190,000/year
Job Description
Title: Director Third Party Risk Management & Vendor OversightOffice Status: Hybrid New York, NY (2 Days Onsite)Base Salary: $190k $215k+ BonusABOUT THE ROLEThis Director-level opportunity at a well-established full-service payments, lending, and banking organization offers full program ownership of the Third-Party Risk Management framework serving as the Risk Program Owner for TPRM and playing a critical leadership role on the Third-Party Risk Oversight Committee with regular reporting to the Risk Management Committee and the Board. The role combines strategic framework development with hands-on program execution designing and implementing risk-based control frameworks, engaging risk owners across the enterprise, leading regulatory coordination, and overseeing a comprehensive third-party control testing program. Reporting directly to the Chief Risk Officer, this is the right seat for a seasoned TPRM leader who combines deep vendor risk expertise with strong executive presence and the ability to influence senior stakeholders across a complex, regulated financial institution.RESPONSIBILITIES
- Partner with the CRO to create strategic direction for the risk and control assessment process including identification of tool requirements and overseeing design and deployment of the TPRM program infrastructure
- Lead engagement with risk owners across the enterprise to understand how risks materialize with third parties and ensure they are appropriately addressed in the Third-Party Risk Assessment process
- Lead the design and implementation of a risk-based Third-Party control framework;evaluate the effective design and execution of controls owned by TPRM and oversee implementation of third-party related controls defined by other risk owners
- Oversee the timely completion of Third-Party controls by Business Activity Owners and other responsible parties;establish and operate a control testing process to validate the accuracy of completed Third-Party controls and determine required enhancements
- Lead and represent the function at the Third-Party Risk Oversight Committee;prepare and deliver regular reporting to the Risk Management Committee and the Board
- Act as the key point of coordination and communication with regulators on all Third-Party Risk Management matters
- Enhance the TPRM framework and policies to ensure the bank maintains a risk profile consistent with its risk appetite while supporting strategic goals
- Engage actively with senior managers and executives across the organization to drive risk awareness, accountability, and consistent execution of the TPRM program
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.

FAQs About Director Third Party Risk Management & Vendor Oversight Jobs at Madison-Davis
What is the work location for this position at Madison-Davis?
This job at Madison-Davis is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Madison-Davis?
Candidates can expect a pay range of $190,000 and $190,000 per year.
What employment applies to this position at Madison-Davis?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Madison-Davis?
You can apply for this role at Madison-Davis either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.