This is an approximate 8 months contract located in Toronto/ON, Hybrid(2x a week).
If you are interested in this opportunity, please call me or send me your updated resume formatted in word. Please fill in the skills matrix attached. If you are not interested but know of someone who meets the criteria, please feel free to forward them my contact information.
Please fill out the below email confirmation clearly stating the job #, title and permission to TekStaff allowing us to present you for this role.
I _____________________ give TekStaff IT Solutions permission to submit me for this request (59133-1, Associate Risk Advisor ). No other agency is representing me for this opportunity.
JOB DESCRIPTION - Please note - This is a 7.5 hour work day.
• All successful candidates will be subject to a mandatory credit AND criminal check as per the client***
• Please note that all contractors are subject to a possible Furlough/Holiday Leave program schedule, set by the client. Qualifying Questions: Legal First Name: Legal Middle Name (if applicable): Legal Last Name: Availability to Start Upcoming Vacations/Time Off (Yes/No, When) Banking/FI Experience (Yes/No, Where) Pay rate Incorporated (YES/NO) MM/DD (DOB)** Will pass a mandatory criminal and credit check as per the client(YES/NO) Notice to interview Actively interviewing/Offers (Yes/No) Please address any employment gaps in the resume Reason for looking for new opportunities ** This information is needed to create a unique Security ID for you in the client's internal system. Role Mandate: The Global Third Party Risk Management (GTPRM) team has a mandate to proactively identify, assess, monitor and mitigate risk associated with our third party and outsourcers through defined governance practices. The team is a first line of defense function that drives the identification and management of third party risks across the Enterprise through governance and oversight of the first line of defense supplier managers across the LOBs.
The GTPRM team leads the LOB in the engagement and management of third parties as well as in their identification and management of third party risks. They leverage the enterprise Operational Risk Management (ORM) Famework through third party lifecycle which includes ongoing, independent activities for monitoring and reporting on third party risks at all stages of a third party relationship throughout the enterprise. These outcomes drive shareholder value, continuous improvement to the customer experience, and risk mitigation.
As an integral member of the GTPRM team, the Associate Risk Advisor is accountable to assist with the review, and monitoring of third party engagements. The Associate Risk Advisors provides guidance and counsel to the business on established arrangements, helping the business to manage its risks and make strong decisions on third party arrangements. They will provide support associated with development, implementation and management of third party governance strategy, framework, policies, standards, guidelines and tools that enable compliant governance and management of Client Financial Group’s key third parties and outsourcers globally.
Responsibilities
Business Delivery and Operational Excellence
• Assist in the review and monitoring of third party engagements through the third party lifecycle
• Provides risk advisory services and guidance to the business using a risk based approach to optimize third party performance and enable consistent and efficient management according to business criticality and assessed level of risk
• Maintains current knowledge of the TPRM Framework, TPRM Program, CORM Framework, standards, policies, regulatory requirements and emerging Risk Management trends
• Provides assistance with the independent oversight and management of outsourced activity, effective third party risk management and governance practices
• Challenges the business to ensure appropriate actions are underway to mitigate identified operational risk exposures commensurate with the Third Party Lifecycle
• Assist with the (re)development and ongoing enhancements of risk-centric, scaled third party governance strategies, policy, framework, standards, processes, tools and systems
• Identify change management activities and continuous improvement updates for infrastructure and processes in support of enterprise third party management
Governance and Risk Management
• Assist with the independent oversight in the management of risk and minimize losses through monitoring and controlling various reports and taking appropriate action, ensuring compliance requirements, audits and verifications are completed.
• Support the TPR RSA function and GTPRM Risk Advisors with the review and follow up of outstanding SEMS programs
• Support GTPRM Risk Advisors with designated SEMS portfolio
Relationship Management
• Build, sustain and leverage relationships with individuals within his/her area of immediate responsibility
• Maintains knowledge of business changes and strategies to identify third party risk and recommend appropriate action and controls
• Interaction with external business partners and stakeholders
Potential into Performance
• Maintain current knowledge of overall TPRM Framework, TPRM Program, methodologies, standards for all third party risk assessments and governance activities
• Align individual performance goals to team and organizational goals
• Develop and implement an annual Performance Planning & Assessment and career development plan in alignment with Procurement learning strategy
• Demonstrate behaviours that are consistent with “Being Client” model and aligned with Client values
Qualifications
Education and Knowledge
• Expertise in Third Party Life Cycle methodology
• Knowledge of third party governance and management, operational risk, financial services regulatory, audit, compliance, security requirements and trends.
Experience
• 3+ years of third-party risk management experience.
• Proven track record of concurrently leading multiple complex and matrixed projects using internal and external resources
• Previous experience interacting with multiple parties
Skills
• Outstanding relationship management skills: impact and influence; contract development, negotiation, collaboration; conflict management and resolution
• Excellent interpersonal skills: communication, presentation and time management.
• Consistent ability to produce exceptional quality output and remain composed under pressure of competing deadlines, priorities, accountabilities and constraints.
• Strategic planning, execution skills and change management capabilities.
• Ability to make meaning of intangibles: formulate ideas into action, drive strategy to achieve results, and obtain consensus from multiple stakeholders.
• MS Office skills: Excel, Access, PowerPoint, Word, and Project.
Interview Process
First Round - 30 min Teams meeting with HM
Second Round - 30mins Teams meeting with HM and senior team member
Must Haves Years third-party risk management experience. concurrently leading multiple complex and matrixed projects using internal and external resources Knowledge of third party governance and management, operational risk, financial services regulatory, audit, compliance, security requirements and trends. knowledge of overall TPRM Framework, TPRM Program, methodologies, CORM Framework standards for all third party risk assessments and governance activities MS Office skills: Excel, Access, PowerPoint, Word, and Project relationship management skills: impact and influence; contract development Nice to Haves Years Previous banking Experience Verified (Y/N): *internal use only
