Third Party Management Governance Senior Officer
Truist
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**Regular or Temporary:**
Regular
**Language Fluency:** English (Required)
English (Required)
**Work Shift:**
1st shift (United States of America)
**Please review the following job description:**
Third Party Risk Operations Function (TPROF) is responsible for supporting the Third Party Risk Management (TPRM) program by overseeing and managing related activities. This role ensures that TPROF operations align with the latest TPRM program updates, policies, and procedures. The Experienced Third Party Management Governance Senior Officer role involves defining procedures and governance frameworks for Business Unit Managed Third Parties (BUMTPs) and Affiliate Third Parties. Additionally, they will assist the Third Party Management Governance Head with the development of the TPROF strategy and assist with horizontal initiatives across the end-to-end TPRM lifecycle.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Defines and directs center-led operating standards and practices designed to foster consistent execution across Alternative Approach Third parties and the corresponding LOB’s.
2. Interface with business leaders to disposition, discuss and debate third party classification decisions, ongoing program execution and issue identification.
3. Assist in updating program documentation, and related procedures.
4. Assist in reporting and analytics to support program strategy discussions and direction.
5. Develop library of standard reports designed for business teams to utilize in support of operationalizing the alternative approach program.
6. Develop quality assurance standards and oversight routines to assess business execution
7. Assist in executive summary development and related communications.
8. Participate in the creation of training and job aids as needed
9. Assist in audit issue creation and remediation action plans
10. Maintains a comprehensive understanding of the services provided by enterprise and business critical/systemic third parties.
11. Advises and educates Service Managers and Business Partners to increase risk awareness and enforce adherence to TPRM Framework requirements.
12. Takes a new perspective on existing solutions to solve complex problems. Exercises judgment and critical thinking based on the analysis of multiple sources of information. Recommends best practices.
13. Provides guidance and advisement as well as effective challenge, where needed, to Service Managers and Business Owners, and Business Partners as relates to consistent TPRM program adherence and execution.
14. Acts as a resource for teammates with less experience.
15. Explains and interprets complex, difficult, or sensitive information.
16. Works independently and receives guidance only on more complex issues.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor’s degree or an equivalent combination of education and work experience.
2. Minimum of 10 years financial industry experience, including extensive Third-Party Risk Management and compliance/risk management.
3. Comprehensive understanding of principles, practices, theories, and/or methodologies associated with the professional discipline (i.e., risk management, vendor management, etc.)
4. A minimum of 3 years of project lead or management experience.
5. Ability to manage multiple deliverables and competing priorities for self and team.
6. Ability to plan and lead projects with varying degrees of complexity.
7. Ability to solve problems in complex situations by analyzing viable solutions using experience, judgment, and precedents.
8. Ability to influence others to adopt a new perspective and manage interpersonal issues with tact and diplomacy.
9. Ability to adapt to change. Remain agile and flexible in interim and longer-time circumstances.
10. Ability to effectively communicate, written and verbal, to all levels of the organization.
11. Advanced level of expertise with Excel; Moderate level expertise with Word and PowerPoint
Preferred Qualifications:
12. Master’s Degree
13. Team Lead or Management experience 5+ years
14. Risk experience within a large financial institution.
15. Experience with Archer and/or Ariba applications.
16. Extensive knowledge of Word and PowerPoint
**General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:** All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/)
. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
**_Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace._**
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