Third-Party Risk Management Program Director

Common Securitization Solutions
Bethesda, MD
Sep 14, 2022
Sep 29, 2022
Full Time
OVERVIEW: The Company Common Securitization Solutions (CSS) is seeking an experienced Third-Party Risk Management Program Director to join our team of talented professionals. This is a remote opportunity. CSS built and operates the largest and most advanced mortgage securitization platform in the world, supporting the Uniform Mortgage-Backed Security (UMBS) of Fannie Mae and Freddie Mac. Supporting 70% of the mortgage-backed securities in the market, CSS provides best-in-class single-family issuance, bond administration, disclosure, and tax services. We support a broad portfolio of products for our clients with full lifecycle management. Our market-leading, cloud-based, end-to-end platform executes transactions on an extraordinary scale which has bolstered liquidity in the secondary mortgage market, one of the largest and most important financial markets in the world. Our unique approach to securitization combines the best minds in financial services with the know-how, flexibility, and innovation of leading technologists. RESPONSIBILITIES : Job InformationThe Enterprise Risk Management division at CSS is seeking a Third-Party Risk Management (TPRM) Program Director to manage the enterprise third-party risk management team and program. The Director will administer and manage CSS' TPRM Program within the ERM, Second Line of Defense (SLOD) risk governance function. The Lead will have experience building and managing TPRM Programs. This role will report to a Senior Director, Enterprise Risk Management. Key Job Functions Execute, manage, and maintain CSS' TPRM Program, policy, methodology, standards, processes, and related functionsEnsure currency on third-party risk regulatory guidance, and lead required changes to ensure CSS TPRM program complianceManage third-party risk analyst(s), responsible for executing the third-party risk management (TPRM) program, including risk assessments, tracking & monitoring third-party risks, issues, and related reporting Conduct TPR, Second Line of Defense (SLOD) reviews and credible challenge regarding TPRM risk assessments, issues, and related mitigation/remediation Establish and maintain a TPRM ongoing monitoring review scheduleEnsure development and implementation of periodic Third-Party Risk Management reporting, to impacted business/corporate stakeholders, the Executive Committee, Enterprise Risk Committee, and BoardEnsure SLOD completeness and accuracy of data and processes relative to the TPR module of the CSS eGRC systemAct as senior level TPRM Subject Matter Expert (SME) in support of corporate business partners and stakeholders, clients, and internal and external audit/regulatory exams, and related data requests. Participate in and/or execute onsite third-party supplier assessments, as necessaryFoster and maintain collaborative working relationships with CSS business partners, corporate stakeholders, clients, and regulatory entities in support of an effective Third-Party Risk Management program and practices. QUALIFICATIONS: Education Bachelor's degree requiredPreferred candidate is certified as a Third-Party Risk Professional (TPRP), and responsible for ensuring certification remains active and currentAdditional certifications and experience in other risk management disciplines (ie, enterprise risk management, information security risk, privacy risk management, concentration risk, etc.), are a plus.Continued attendance/participation at third-party risk industry conferences, webinars, and related events to ensure awareness and competency in Third-Party Risk and related risk disciplines, is expected. Minimum Experience Minimum of 6 years related work experience in Third-Party Risk Management. Experience in Procurement is a plus.Minimum of 3 years of experience managing a Third-Party Risk Management program (ie, risk assessments, issues management, notifications to suppliers, reporting, etc.), and TPR analyst(s), as supported by a centralized eGRC system.. Applicants must be authorized to work in the US without requiring employer sponsorship currently or in the future. CSS does not offer H-1B sponsorship for this position. Specialized Knowledge & Skills Ability to work effectively in an evolving, virtual work environment with cross-functional, innovative teams Experienced leader and effective manager, capable of building collaborative, teams through knowledge-sharing, encouragement, and respectDemonstrated strategic thought leadership skills, to independently and proactively identify TPRM program enhancements and issues, complete research, and present and/or implement solutionsStrong communication and presentation skills, with the ability to credibly challenge peers and business partners, and to effectively convey identified/potential risk exposure and required remediation actions to corporate stakeholders and managementEvidenced understanding of third-party supplier/outsourcing regulatory guidance (eg, issued by FHFA, OCC, FRB, etc.) and applicable rules, regulations, and laws (eg, OFAC, BSA/AML, GDPR, etc.)Knowledgeable in the usage and functionality of Microsoft Office Products, specifically: Outlook - Advanced User; Word - Advanced User; Excel - Moderate User; Visio and PowerBI - Moderate User, etc. EmploymentAs a condition of employment with Common Securitization Solutions, any successful job applicant will be required to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business. Common Securitization Solutions is an Equal Opportunity Employer.

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