Job Title:

Third - Party Risk Manager

Location:

Block 23

What you'll do:

As a Third-Party Risk Manager, you’ll partner with business lines and third parties to facilitate adherence to the Third-Party Risk & Controls (TPRC) program. In this role, you’ll support a portfolio of third parties, engagements and/or guide a small team in the overall management of third-party engagements, ensuring compliance with regulatory requirements. You’ll serve as a Third-Party Manager (TPM) while also providing formal or informal guidance to others within TPRC as they perform TPM activities across their respective portfolios. In this role, you’ll manage responsibilities across the full third-party lifecycle, including planning, due diligence, contracting, ongoing monitoring, and termination. You'll support TPRC operational excellence by identifying opportunities for improvement in the program across business lines as well as other stakeholders like the Legal department, Risk Control Partners, etc. In addition, you'll ensure full understanding of any new protocol within TPRC and throughout the Bank.

• Support the business in performing all activities across the TPRC lifecycle for a larger group or higher complexity/risk portfolio of third-party relationships.
• Conduct analysis across third-party engagements with similar characteristics to confirm consistency in evaluation of similar engagements.
• Resolve questions or concerns from TPRC resources, other stakeholders, or business resources.
• Raise awareness and/or escalate for discussion to management when appropriate. Manage a portfolio of third-party engagements ensuring required activities are occurring when required.
• Conduct inherent risk questionnaire workshops with business engagement owners to determine the inherent risk rating and in scope risk domains that define necessary activities for onboarding due diligence or reassessment and ongoing monitoring.
• Collect third-party documents in support of required due diligence or risk and control assessments.
• Perform general due diligence activities like OFAC, financial health, prohibited entity checks, etc.
• Confirm appropriate legal review and signatory authority on executed contracts. Identify service level agreements (SLAs) for tracking during ongoing monitoring.
• Guide and support the business in the documentation of exit strategies, performance scorecards, or other engagement-specific monitoring requirements.
• Advise business stakeholders on the TPRC lifecycle activities when necessary.
• May lead and develop a team; responsible for hiring, coaching, performance management, training and development.

What you'll need:

• 7+ years of related experience in Vendor Management or similar field.
• Bachelor's degree or equivalent experience required; Bachelor's degree in related field preferred.
• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced knowledge and skills in Microsoft Word, Excel and Outlook.
• Advanced experience managing multiple concurrent projects and delivering assignments to completion in accordance with defined instructions, prescribed routines, and standard accepted practices.
• Advanced speaking and writing communication skills.

Benefits you’ll love:
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488.  When contacting us, please provide your contact information and state the nature of your accessibility issue.  We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation