Stone Management
Linkedin · Posted 1mo ago
Consultant
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Indexed description
The Third-Party Risk Management (TPRM) Consultant will play a hands-on role in sustainable implementation of third-party risk management framework. This is not a purely advisory position: the consultant is expected to personally perform TPRM activities while also identifying practical areas of improvement..
Position Details:
Third-Party Risk Management Execution
- Review and address the issues and challenges already identified in the TPRM process, including but not limited to the following:
- Ensuring the timely performance of third-party due diligence reviews (for new & existing vendors)
- Address significant gaps in several legacy contracts
- Supporting the process related to the termination of vendors
- Address backlog in the execution of governance process: Outsourcing & Cloud related.
- Review and implement regulatory guidance (NYS DFS Third-Party guidance, DORA, etc.)
- Ensuring timely review of internal SLAs
Prior experience in 3rd party/ vendor risk management necessary in a banking or financial services environment.
Salary is an hourly rate determined based upon experience.
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