Specialist, Third Party Oversight
Core
Manages the full lifecycle of third-party relationships, including on-boarding, monitoring, recertification, and exit strategies to ensure governance and risk alignment within specific lines of business.
Role type
Specialist, Third Party Oversight
Builds
Third party governance frameworks, monitoring plans, performance scorecards, and risk mitigation strategies for outsourced services.
Domain
Banking / Vendor Risk Management
Deliverable
Dashboards & analysis
Required skills
Third party lifecycle management, risk assessment and monitoring, contract negotiation support, data analytics, policy development, stakeholder communication
Preferred skills
Sourcing experience, project/program management, IT collaboration
Technologies
Microsoft Office
Responsibilities
Create and manage monitoring plans for critical third parties; facilitate third party recertification processes; prepare status reports and presentations for management; investigate third party issues and track action plans; assist in contract negotiations and renewals; develop exit strategies and contingency plans; train internal partners on risk programs.
Seniority
Mid-level Specialist