Horizon Farm Credit
Third-Party Risk Management (TPRM) Manager
Horizon Farm Credit, Frederick, Maryland, United States, 21701
Job Description
Join our dynamic team as a Third-Party Risk Management (TPRM) Manager and play a pivotal role in safeguarding our company's integrity while driving innovative risk solutions in a collaborative and growth-oriented environment.
Overview
Horizon Farm Credit is actively seeking a Third-Party Risk Management (TPRM) Manager to join our team. Qualified candidate may work in any available Horizon Farm Credit branch. To view locations, click here Locations | Horizon Farm Credit . This position is eligible for a hybrid work schedule. Our ideal candidate is an experienced, analytical, detail-oriented individual with a passion for third-party risk management.
Position Description:
Join HFC as our Third-Party Risk Management (TPRM) Manager and lead the charge in optimizing our Third-Party Risk Management (TPRM) program. In this pivotal role, you'll set policy and governance, and provide risk advisory, balancing risk with business opportunities. You'll also oversee third-party risk and control assessments, ensuring our operations run smoothly and securely. Additionally, you'll manage procurement functions related to operational vendors, including preparing RFPs, RFQs, and handling contract/pricing negotiations. Be a part of a forward-thinking team where your expertise will drive innovation and safeguard our company's integrity.
Key Responsibilities
As the Third-Party Risk Management (TPRM) Manager at HFC, you will: Maintain a risk-based framework for TPRM, prioritizing critical vendors that pose the greatest threat to HFC's business objectives. Provide thought leadership to continuously improve and streamline the framework, aligning with risk vs. reward principles and applicable laws and regulations. Maintain a comprehensive inventory of third-party vendors, cataloged by commodity, engagement, service criticality, risk, and other key attributes to oversee critical vendors supporting essential business processes. Conduct risk-based due diligence across key areas, including information security, geographical factors, compliance, financial viability, and resilience. Implement ongoing monitoring capabilities to track changes in vendors' risk profiles, regularly reviewing and updating risk assessments based on changes. Develop clear and concise reports highlighting key risk metrics and insights for business leadership, facilitating informed decision-making and heightened awareness of potential threats. Proactively identify and escalate risks associated with vendor concentration and dependencies, as well as risks from fourth-party relationships, ensuring appropriate actions are taken to mitigate exposures, including adequate contingency planning. Develop and deliver educational, awareness, and training programs to enhance understanding of third-party risks among key stakeholders and business leadership, empowering them to make risk-informed decisions. Manage and develop correspondence with vendors regarding RFPs, RFQs, pricing and contract negotiations, and contract/service management. REQUIREMENTS
Bachelor's degree in IT, Business Administration, or related field. Generally, 5 or more years of related experience within Insurance, Banking, or Asset management is preferred. Strong understanding of the TPRM life cycle, including vendor onboarding, due diligence, ongoing monitoring, and offboarding. In-depth understanding of third-party vendor risks, including cyber, operational, and financial risks. Strong leadership skills with the ability to influence, motivate, and lead others, including those in other departments. Ability to discern and measure business-relevant risk from third-party risks and issues, and to identify cost-effective remediation options. Excellent oral and written communication skills for communicating to management, internal audit, and user community. Ability to identify regulatory compliance gaps within internal guidance (policies and procedures). Strong organizational skills, problem-solving skills, project management skills, and the ability to adapt to a changing work environment and work independently. Adaptable and flexible to a changing work environment. Prolonged periods sitting at a desk and working on a computer. Ability to travel to/from HFC branch offices, associations, AgFirst, or other facilities as deemed necessary. Regular, predictable, and reliable attendance is required. Who are we?
Horizon Farm Credit is an expert in agriculture, with over 100 years of serving rural America. As a premier rural lender, we're constantly growing and seeking new members for our team. As part of the Horizon Farm Credit team, you have the opportunity to make a difference for agriculture and rural communities.
What can we offer you?
We offer competitive compensation and benefits packages for full-time employees including:
Medical insurance with dental and vision care options 401 (k) with significant employer matching Paid time off, holidays, and volunteer time to support work/life balance Tuition reimbursement and training opportunities Student loan reimbursement Leadership and career development opportunities Paid maternity and bonding leave Paid short-term disability Fun and inclusive work environment
Salary range: $93,000 - $116,300 depending on experience.
Equal Opportunity Employer including veterans and individuals with disabilities.
Join our dynamic team as a Third-Party Risk Management (TPRM) Manager and play a pivotal role in safeguarding our company's integrity while driving innovative risk solutions in a collaborative and growth-oriented environment.
Overview
Horizon Farm Credit is actively seeking a Third-Party Risk Management (TPRM) Manager to join our team. Qualified candidate may work in any available Horizon Farm Credit branch. To view locations, click here Locations | Horizon Farm Credit . This position is eligible for a hybrid work schedule. Our ideal candidate is an experienced, analytical, detail-oriented individual with a passion for third-party risk management.
Position Description:
Join HFC as our Third-Party Risk Management (TPRM) Manager and lead the charge in optimizing our Third-Party Risk Management (TPRM) program. In this pivotal role, you'll set policy and governance, and provide risk advisory, balancing risk with business opportunities. You'll also oversee third-party risk and control assessments, ensuring our operations run smoothly and securely. Additionally, you'll manage procurement functions related to operational vendors, including preparing RFPs, RFQs, and handling contract/pricing negotiations. Be a part of a forward-thinking team where your expertise will drive innovation and safeguard our company's integrity.
Key Responsibilities
As the Third-Party Risk Management (TPRM) Manager at HFC, you will: Maintain a risk-based framework for TPRM, prioritizing critical vendors that pose the greatest threat to HFC's business objectives. Provide thought leadership to continuously improve and streamline the framework, aligning with risk vs. reward principles and applicable laws and regulations. Maintain a comprehensive inventory of third-party vendors, cataloged by commodity, engagement, service criticality, risk, and other key attributes to oversee critical vendors supporting essential business processes. Conduct risk-based due diligence across key areas, including information security, geographical factors, compliance, financial viability, and resilience. Implement ongoing monitoring capabilities to track changes in vendors' risk profiles, regularly reviewing and updating risk assessments based on changes. Develop clear and concise reports highlighting key risk metrics and insights for business leadership, facilitating informed decision-making and heightened awareness of potential threats. Proactively identify and escalate risks associated with vendor concentration and dependencies, as well as risks from fourth-party relationships, ensuring appropriate actions are taken to mitigate exposures, including adequate contingency planning. Develop and deliver educational, awareness, and training programs to enhance understanding of third-party risks among key stakeholders and business leadership, empowering them to make risk-informed decisions. Manage and develop correspondence with vendors regarding RFPs, RFQs, pricing and contract negotiations, and contract/service management. REQUIREMENTS
Bachelor's degree in IT, Business Administration, or related field. Generally, 5 or more years of related experience within Insurance, Banking, or Asset management is preferred. Strong understanding of the TPRM life cycle, including vendor onboarding, due diligence, ongoing monitoring, and offboarding. In-depth understanding of third-party vendor risks, including cyber, operational, and financial risks. Strong leadership skills with the ability to influence, motivate, and lead others, including those in other departments. Ability to discern and measure business-relevant risk from third-party risks and issues, and to identify cost-effective remediation options. Excellent oral and written communication skills for communicating to management, internal audit, and user community. Ability to identify regulatory compliance gaps within internal guidance (policies and procedures). Strong organizational skills, problem-solving skills, project management skills, and the ability to adapt to a changing work environment and work independently. Adaptable and flexible to a changing work environment. Prolonged periods sitting at a desk and working on a computer. Ability to travel to/from HFC branch offices, associations, AgFirst, or other facilities as deemed necessary. Regular, predictable, and reliable attendance is required. Who are we?
Horizon Farm Credit is an expert in agriculture, with over 100 years of serving rural America. As a premier rural lender, we're constantly growing and seeking new members for our team. As part of the Horizon Farm Credit team, you have the opportunity to make a difference for agriculture and rural communities.
What can we offer you?
We offer competitive compensation and benefits packages for full-time employees including:
Medical insurance with dental and vision care options 401 (k) with significant employer matching Paid time off, holidays, and volunteer time to support work/life balance Tuition reimbursement and training opportunities Student loan reimbursement Leadership and career development opportunities Paid maternity and bonding leave Paid short-term disability Fun and inclusive work environment
Salary range: $93,000 - $116,300 depending on experience.
Equal Opportunity Employer including veterans and individuals with disabilities.