Stellar Bank
Director of Third-Party Risk Management - Greenway Plaza
Stellar Bank, Houston, Texas, United States, 77246
Research shows that individuals from historically underrepresented groups may hesitate to apply for roles unless they meet every listed requirement. If you believe your skills, knowledge, and experience align with the role, even if they don't exactly match the listed qualifications, we encourage you to apply. Your unique talents may be exactly what we're looking for.
The Director of Third-Party Risk Management will be responsible for overseeing and continuously enhancing the third-party risk management program for the bank. As a key leader in the risk management function, the Director will ensure that the bank's third-party relationships, including vendors and critical service providers, are effectively managed and compliant with the latest regulatory guidance and best practices for banks of our size.
This role requires a seasoned risk professional with significant experience in managing third-party risk at larger banks, preferably those with $10 billion in assets or more. The Director will work closely with the CRO, CISO, and key stakeholders across the bank to identify, assess, and mitigate risks associated with third-party relationships. The position will also involve regular reporting to risk committees and, occasionally, to the Board of Directors.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Program Oversight & Enhancement:
Lead the bank's third-party risk management program, ensuring it meets regulatory expectations and industry best practices.Continuously assess and update the program to reflect the bank's evolving risk profile, size, and complexity.Ensure compliance with regulatory guidance on third-party risk, including requirements published by regulators (e.g., FDIC, OCC, FFIEC, TXDOB).
Risk Identification & Assessment:
Oversee the identification, assessment, and monitoring of risks associated with third-party relationships, including operational, reputational, compliance, and cybersecurity risks.Conduct risk assessments on new and existing third parties to ensure they meet the bank's risk tolerance and compliance requirements.Collaborate with Legal, Compliance, Information Security, and other first and second lines of defense to identify and mitigate risks.
Stakeholder Collaboration:
Coordinate with vendor owners, legal, compliance, information security, and other departments to ensure a comprehensive approach to third-party risk management.Partner with key internal stakeholders to develop strategies for mitigating risks and ensuring third-party resilience.
Regulatory Compliance & Reporting:
Ensure the bank's third-party risk management program complies with all applicable regulatory requirements and stays current with new guidance and expectations from regulators.Prepare and present reports on third-party risk management to risk committees and the Board of Directors.Serve as a point of contact for regulatory exams and audits concerning third-party risk management.
Vendor & Third-Party Relationship Management:
Work closely with vendor owners across the bank to ensure third-party relationships are managed effectively and that risks are identified and mitigated early in the process.Ensure that contracts with third-party vendors incorporate appropriate risk management provisions, including service-level agreements, compliance, and cybersecurity requirements.
Training & Awareness:
Develop and deliver training to staff on third-party risk management practices, ensuring consistent understanding and adherence to risk management policies across the bank.Promote a culture of risk awareness and proactive risk management throughout the organization.
Compliance with any and all BSA/AML/CFT and Sanctions requirements set forth by Bank Policy and Procedure, including but not limited to timely completion of assigned training.
SECONDARY DUTIES
The position performs duties specific to the position and other functions as assigned by management.
SUPERVISORY RESPONSIBILITY
The position is responsible for the supervision of all office employees and is expected to provide leadership, training and support to staff members.
Stellar Benefits:
We believe that empowering people goes far beyond the workplace. That's why we've designed our benefits to help foster your health and prosperity, so you can best support yourself, your loved ones and your communitiesHealth Care Coverage, no waiting periodDental/VisionSTD/LTDAnnual Performance Bonus Eligible401K with company matchPaid VacationVolunteer daysTravel StipendTuition AssistanceAnd MoreWhat it Means to Be Stellar:
Stellar Bank came to be in 2023, when Allegiance Bank and CommunityBank of Texas joined forces. What emerged was a financial institution like no other. Stellar bankers set the standard for responsive, relationship-based community banking. We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks. Our customers see us as a vital part of the team. We are their financial experts who go above and beyond to help them form a plan and get it done
Join Stellar Bank and, yes, you'll be providing outstanding banking. But you'll be achieving something much greater. At Stellar, we empower people to thrive. This is our purpose. This would be your purpose. Here you'd be part of a supportive culture where relationships bond, individuals grow, communities prosper and careers flourish. You can make a difference at Stellar - for yourself and for everyone around you.
Stellar Bank does not discriminate on the basis of race, color, religion, national origin, sex, disability, familial status or any other characteristic protected by applicable federal, state, or local laws, regulations and ordinances.
Other details
Job Family Enterprise Risk ManagementPay Type Salary
Apply Now
The Director of Third-Party Risk Management will be responsible for overseeing and continuously enhancing the third-party risk management program for the bank. As a key leader in the risk management function, the Director will ensure that the bank's third-party relationships, including vendors and critical service providers, are effectively managed and compliant with the latest regulatory guidance and best practices for banks of our size.
This role requires a seasoned risk professional with significant experience in managing third-party risk at larger banks, preferably those with $10 billion in assets or more. The Director will work closely with the CRO, CISO, and key stakeholders across the bank to identify, assess, and mitigate risks associated with third-party relationships. The position will also involve regular reporting to risk committees and, occasionally, to the Board of Directors.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Program Oversight & Enhancement:
Lead the bank's third-party risk management program, ensuring it meets regulatory expectations and industry best practices.Continuously assess and update the program to reflect the bank's evolving risk profile, size, and complexity.Ensure compliance with regulatory guidance on third-party risk, including requirements published by regulators (e.g., FDIC, OCC, FFIEC, TXDOB).
Risk Identification & Assessment:
Oversee the identification, assessment, and monitoring of risks associated with third-party relationships, including operational, reputational, compliance, and cybersecurity risks.Conduct risk assessments on new and existing third parties to ensure they meet the bank's risk tolerance and compliance requirements.Collaborate with Legal, Compliance, Information Security, and other first and second lines of defense to identify and mitigate risks.
Stakeholder Collaboration:
Coordinate with vendor owners, legal, compliance, information security, and other departments to ensure a comprehensive approach to third-party risk management.Partner with key internal stakeholders to develop strategies for mitigating risks and ensuring third-party resilience.
Regulatory Compliance & Reporting:
Ensure the bank's third-party risk management program complies with all applicable regulatory requirements and stays current with new guidance and expectations from regulators.Prepare and present reports on third-party risk management to risk committees and the Board of Directors.Serve as a point of contact for regulatory exams and audits concerning third-party risk management.
Vendor & Third-Party Relationship Management:
Work closely with vendor owners across the bank to ensure third-party relationships are managed effectively and that risks are identified and mitigated early in the process.Ensure that contracts with third-party vendors incorporate appropriate risk management provisions, including service-level agreements, compliance, and cybersecurity requirements.
Training & Awareness:
Develop and deliver training to staff on third-party risk management practices, ensuring consistent understanding and adherence to risk management policies across the bank.Promote a culture of risk awareness and proactive risk management throughout the organization.
Compliance with any and all BSA/AML/CFT and Sanctions requirements set forth by Bank Policy and Procedure, including but not limited to timely completion of assigned training.
SECONDARY DUTIES
The position performs duties specific to the position and other functions as assigned by management.
SUPERVISORY RESPONSIBILITY
The position is responsible for the supervision of all office employees and is expected to provide leadership, training and support to staff members.
Stellar Benefits:
We believe that empowering people goes far beyond the workplace. That's why we've designed our benefits to help foster your health and prosperity, so you can best support yourself, your loved ones and your communitiesHealth Care Coverage, no waiting periodDental/VisionSTD/LTDAnnual Performance Bonus Eligible401K with company matchPaid VacationVolunteer daysTravel StipendTuition AssistanceAnd MoreWhat it Means to Be Stellar:
Stellar Bank came to be in 2023, when Allegiance Bank and CommunityBank of Texas joined forces. What emerged was a financial institution like no other. Stellar bankers set the standard for responsive, relationship-based community banking. We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks. Our customers see us as a vital part of the team. We are their financial experts who go above and beyond to help them form a plan and get it done
Join Stellar Bank and, yes, you'll be providing outstanding banking. But you'll be achieving something much greater. At Stellar, we empower people to thrive. This is our purpose. This would be your purpose. Here you'd be part of a supportive culture where relationships bond, individuals grow, communities prosper and careers flourish. You can make a difference at Stellar - for yourself and for everyone around you.
Stellar Bank does not discriminate on the basis of race, color, religion, national origin, sex, disability, familial status or any other characteristic protected by applicable federal, state, or local laws, regulations and ordinances.
Other details
Job Family Enterprise Risk ManagementPay Type Salary
Apply Now