Madison-Davis, LLC
AVP, Third Party Risk (Operational Risk Dept)
Madison-Davis, LLC, New York, New York, us, 10261
AVP, Third Party Risk (Operational Risk Dept)
AVP, Third Party Risk (Operational Risk Dept)
Get AI-powered advice on this job and more exclusive features. This range is provided by Madison-Davis, LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$90,000.00/yr - $150,000.00/yr Title:
AVP Third Party Risk (Operational Risk) Office Status:
Hybrid Base Salary:
$90k to $150k Overview: A leading commercial bank located in Midtown Manhattan is seeking to hire an AVP in Operational Risk Governance. This role will focus on overseeing the third-party risk management lifecycle, updating policies and procedures, and guiding risk assessments. Key Responsibilities: Third Party Risk Framework Enhance and maintain a comprehensive Third Party Risk Management Framework. Update and refine policies and procedures to ensure effective third party risk oversight. Develop and manage an annual work plan to assess and challenge third party risk activities, including control testing and risk assessments. Apply consistent control rating methodologies that align with the broader Operational Risk Framework. Conduct periodic reviews of the third party risk landscape and associated controls. Risk Lifecycle & Oversight Monitor and assess third party risk activities throughout the vendor lifecycle from a second line of defense perspective. Provide subject matter guidance to First Line Units (FLUs) on best practices and risk mitigation strategies. Ensure thorough documentation and centralized recordkeeping of all third party relationships. Aggregate and analyze third party risk data to support reporting to senior management and governance bodies. Keep current on industry trends, regulatory expectations, and TPRM technologies to drive continuous improvement. Systems & Tools Ensure the third party risk management system is effectively implemented and regularly updated. Provide timely training to system users when upgrades or changes are deployed. Collaborate with other risk SMEs to ensure integration and efficiency across related processes. Additional Support Support the new product risk assessment process with a focus on third party risk implications. Contribute to quarterly RACA (Risk and Control Assessment) reviews within your area of expertise. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance Referrals increase your chances of interviewing at Madison-Davis, LLC by 2x Get notified about new Vice President of Risk jobs in
New York City Metropolitan Area . New York City Metropolitan Area $160,000.00-$200,000.00 5 days ago New York City Metropolitan Area $165,000.00-$185,000.00 1 week ago New York, NY $150,000.00-$175,000.00 4 days ago New York, NY $110,000.00-$190,000.00 2 weeks ago New York, NY $135,000.00-$185,000.00 3 weeks ago New York, NY $120,000.00-$205,000.00 1 month ago Vice President, Risk Identification and Emerging Events & Scenarios
New York, NY $100,000.00-$185,500.00 2 weeks ago New York, NY $163,600.00-$245,400.00 1 week ago New York City Metropolitan Area $180,000.00-$190,000.00 3 days ago Vice President of Legal, Risk, & Compliance
New York, NY $125,000.00-$203,000.00 2 weeks ago New York, NY $130,000.00-$140,000.00 6 days ago MSIM PC&E - Private Credit- Senior Associate/ Vice President
New York, NY $116,000.00-$171,500.00 17 hours ago New York, NY $80,000.00-$175,000.00 2 weeks ago New York, NY $150,000.00-$200,000.00 4 days ago New York, NY $142,320.00-$213,480.00 2 days ago Vice President - CIB Credit - FIG, TD Securities
New York, NY $200,000.00-$225,000.00 21 hours ago Vice President, ALM Strategy & Balance Sheet Optimization
New York City Metropolitan Area $145,000.00-$175,000.00 2 weeks ago Norwalk, CT $140,000.00-$255,000.00 1 month ago VP, Financial & Regulatory Reporting – Operational Risk Management
New York, NY $185,000.00-$260,000.00 1 week ago Short Hills, NJ $175,000.00-$200,000.00 1 week ago New York City Metropolitan Area 1 month ago New York, NY $110,000.00-$230,000.00 1 week ago SVP, Risk Regulatory Engagement Lead – Banking and International (Hybrid)
New York, NY $163,600.00-$245,400.00 2 weeks ago SVP, Credit Reserve and Basel Advanced Approaches Oversight (Hybrid)
New York, NY $163,600.00-$245,400.00 2 weeks ago SVP, Enterprise Concentration Risk Management – Analytics and New Initiatives - C14 (Hybrid)
New York, NY $163,600.00-$245,400.00 6 days ago VP, Technology and Operations Risk Management
Senior Vice President, Investments - Infrastructure Credit
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
AVP, Third Party Risk (Operational Risk Dept)
Get AI-powered advice on this job and more exclusive features. This range is provided by Madison-Davis, LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$90,000.00/yr - $150,000.00/yr Title:
AVP Third Party Risk (Operational Risk) Office Status:
Hybrid Base Salary:
$90k to $150k Overview: A leading commercial bank located in Midtown Manhattan is seeking to hire an AVP in Operational Risk Governance. This role will focus on overseeing the third-party risk management lifecycle, updating policies and procedures, and guiding risk assessments. Key Responsibilities: Third Party Risk Framework Enhance and maintain a comprehensive Third Party Risk Management Framework. Update and refine policies and procedures to ensure effective third party risk oversight. Develop and manage an annual work plan to assess and challenge third party risk activities, including control testing and risk assessments. Apply consistent control rating methodologies that align with the broader Operational Risk Framework. Conduct periodic reviews of the third party risk landscape and associated controls. Risk Lifecycle & Oversight Monitor and assess third party risk activities throughout the vendor lifecycle from a second line of defense perspective. Provide subject matter guidance to First Line Units (FLUs) on best practices and risk mitigation strategies. Ensure thorough documentation and centralized recordkeeping of all third party relationships. Aggregate and analyze third party risk data to support reporting to senior management and governance bodies. Keep current on industry trends, regulatory expectations, and TPRM technologies to drive continuous improvement. Systems & Tools Ensure the third party risk management system is effectively implemented and regularly updated. Provide timely training to system users when upgrades or changes are deployed. Collaborate with other risk SMEs to ensure integration and efficiency across related processes. Additional Support Support the new product risk assessment process with a focus on third party risk implications. Contribute to quarterly RACA (Risk and Control Assessment) reviews within your area of expertise. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance Referrals increase your chances of interviewing at Madison-Davis, LLC by 2x Get notified about new Vice President of Risk jobs in
New York City Metropolitan Area . New York City Metropolitan Area $160,000.00-$200,000.00 5 days ago New York City Metropolitan Area $165,000.00-$185,000.00 1 week ago New York, NY $150,000.00-$175,000.00 4 days ago New York, NY $110,000.00-$190,000.00 2 weeks ago New York, NY $135,000.00-$185,000.00 3 weeks ago New York, NY $120,000.00-$205,000.00 1 month ago Vice President, Risk Identification and Emerging Events & Scenarios
New York, NY $100,000.00-$185,500.00 2 weeks ago New York, NY $163,600.00-$245,400.00 1 week ago New York City Metropolitan Area $180,000.00-$190,000.00 3 days ago Vice President of Legal, Risk, & Compliance
New York, NY $125,000.00-$203,000.00 2 weeks ago New York, NY $130,000.00-$140,000.00 6 days ago MSIM PC&E - Private Credit- Senior Associate/ Vice President
New York, NY $116,000.00-$171,500.00 17 hours ago New York, NY $80,000.00-$175,000.00 2 weeks ago New York, NY $150,000.00-$200,000.00 4 days ago New York, NY $142,320.00-$213,480.00 2 days ago Vice President - CIB Credit - FIG, TD Securities
New York, NY $200,000.00-$225,000.00 21 hours ago Vice President, ALM Strategy & Balance Sheet Optimization
New York City Metropolitan Area $145,000.00-$175,000.00 2 weeks ago Norwalk, CT $140,000.00-$255,000.00 1 month ago VP, Financial & Regulatory Reporting – Operational Risk Management
New York, NY $185,000.00-$260,000.00 1 week ago Short Hills, NJ $175,000.00-$200,000.00 1 week ago New York City Metropolitan Area 1 month ago New York, NY $110,000.00-$230,000.00 1 week ago SVP, Risk Regulatory Engagement Lead – Banking and International (Hybrid)
New York, NY $163,600.00-$245,400.00 2 weeks ago SVP, Credit Reserve and Basel Advanced Approaches Oversight (Hybrid)
New York, NY $163,600.00-$245,400.00 2 weeks ago SVP, Enterprise Concentration Risk Management – Analytics and New Initiatives - C14 (Hybrid)
New York, NY $163,600.00-$245,400.00 6 days ago VP, Technology and Operations Risk Management
Senior Vice President, Investments - Infrastructure Credit
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr