Third Party Risk Project Manager
Welcome to Discover Financial Services! We are looking for a skilled and experienced Third Party Risk Project Manager to join our team. In this role, you will play a critical role in managing and mitigating risks associated with our third-party relationships. Our ideal candidate is a highly organized and detail-oriented individual with a strong background in project management and risk management. If you are motivated, adaptable, and eager to make an impact, we encourage you to apply for this exciting opportunity.
- Develop and implement strategies for managing and mitigating risks associated with third-party relationships.
- Serve as the main point of contact for all third-party risk-related matters, both internally and externally.
- Conduct thorough risk assessments and due diligence on potential and existing third-party vendors.
- Create and maintain a comprehensive risk management framework for third-party relationships.
- Collaborate with internal stakeholders to ensure all third-party vendors comply with company policies and regulations.
- Monitor and track the performance of third-party vendors, identifying any potential risks and taking appropriate action.
- Develop and maintain strong relationships with third-party vendors, fostering open communication and a collaborative working environment.
- Keep up to date with industry best practices and regulatory requirements related to third-party risk management.
- Prepare and present reports on third-party risk management to senior management and other relevant parties.
- Act as a subject matter expert on third-party risk management, providing guidance and training to other team members as needed.
- Proactively identify areas for improvement and implement solutions to streamline and optimize the third-party risk management process.
- Participate in cross-functional projects and initiatives to ensure third-party risk considerations are integrated into company-wide processes and procedures.
- Maintain accurate and up-to-date documentation of all third-party risk management activities.
- Collaborate with legal and compliance teams to ensure all third-party contracts and agreements include appropriate risk management provisions.
- Proactively communicate any potential risks or issues to relevant stakeholders and work towards timely resolutions.
Strong Understanding Of Third Party Risk Management: The Ideal Candidate Should Have A Deep Understanding Of The Processes, Principles, And Best Practices Of Third Party Risk Management. They Should Be Able To Identify Potential Risks And Develop Effective Strategies To Mitigate Them.
Experience In Project Management: The Candidate Should Have A Proven Track Record Of Successfully Managing Complex Projects Within Tight Timelines And Budgets. They Should Be Familiar With Project Management Methodologies And Possess Strong Organizational And Communication Skills.
Knowledge Of Regulatory Requirements: Discover Financial Services Is A Highly Regulated Company, And The Third Party Risk Project Manager Should Have A Thorough Understanding Of Relevant Laws, Regulations, And Standards Related To Third Party Risk Management, Such As Occ 2013-29 And Iso 27001.
Strong Analytical Skills: The Candidate Should Be Able To Analyze Large Amounts Of Data And Draw Meaningful Insights To Identify Potential Risks And Trends. They Should Also Be Able To Make Data-Driven Decisions And Develop Risk Management Strategies Based On Their Findings.
Ability To Collaborate And Influence: The Third Party Risk Project Manager Will Work Closely With Various Internal And External Stakeholders, Including Senior Management, Business Partners, And Third-Party Vendors. Therefore, They Should Have Excellent Interpersonal Skills And The Ability To Collaborate, Influence, And Navigate Complex Relationships.
Communication Skills
Project Planning
Vendor Management
Data Analysis
Contract Negotiation
Problem Solving
Relationship Management
Compliance Management
Risk assessment
Project coordination
Strategic Thinking
Contract review
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Third Party Risk Project Manager in Riverwoods, IL 60015, USA is $100,000 - $130,000 per year. However, this can vary depending on the specific company, experience level, and other factors. It is best to research the specific job and company to get a more accurate salary range.
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Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.
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