Suncoast Credit Union
Overview
Compensation:
$120,000 - $185,000 based on experience and credentials Location Type:
Hybrid, a flexible work model blending in-office and remote working Position Type:
Full Time The Director of Third Party Risk Management (TPRM) is responsible for developing, executing, and overseeing the credit union’s enterprise-wide Third Party Risk Management Program. This role ensures that third-party relationships are effectively assessed, monitored, and managed in alignment with regulatory expectations, enterprise risk appetite, and strategic objectives. The Director facilitates and maintains vendor relationships between the credit union and its business partners, ensuring vendors deliver quality products and services on time and in accordance with contractual obligations.
Responsibilities
Design, implement, and continuously mature the Credit Union’s enterprise-wide TPRM program, including policies, procedures, and standards for the full third-party lifecycle
Foster a risk-aware culture of accountability where all employees understand their roles in identifying and managing third-party risks
Oversee vendor risk assessments across cybersecurity, compliance, operational resilience, and financial stability, with scrutiny commensurate with risk and criticality
Conduct risk rating assessments of new and current vendors and keep ratings up to date
Review and approve thorough due diligence on potential third parties before relationships are established, including evaluation of controls, financial health, and regulatory adherence
Assess and monitor risks posed by fourth parties (subcontractors)
Develop contracting strategies to improve business performance and ensure compliance with organization policies, procedures, and regulations
Direct a continuous monitoring program to ensure third parties meet contractual and compliance requirements
Track and escalate third-party risk findings and operational events, manage remediation plans, and ensure timely issue resolution
Lead secure and proper termination of third-party relationships, including revoking access and ensuring return or destruction of sensitive data
Oversee contract reviews with legal and business units to ensure contracts define expectations, SLAs, security standards, and termination clauses
Serve as the internal subject matter expert on third-party vendor risk, advising stakeholders on best practices and regulatory requirements
Review and recommend new methods or procedures to make daily operations more efficient
Perform considerable short-term planning, scheduling, and coordinating to develop and implement business objectives
Set goals for assigned teams to achieve operational and strategic results
Provide guidance, mentoring, and development opportunities for directly reporting staff
Cultivate strong working relationships, build trust among team members, and respond appropriately to employees' concerns
Assist with the development, monitoring, and maintenance of the annual budget
Assist with regulatory compliance to ensure work is completed in accordance with applicable laws and government regulations
Maintain knowledge and understanding of current trends, laws, and issues affecting area of expertise
Attend educational events to increase professional knowledge
Complete annual compliance and info security training to understand employees\' role in maintaining effective compliance and security programs
Qualifications
Bachelor’s degree in a business-related field (A comparable combination of work experience and training may be substituted for education requirements.)
Certified Regulatory Vendor Program Manager (CRVPM) or similar designation preferred
Minimum of 8 years of vendor due diligence, contract negotiation, contract administration, and budget preparation experience
Experience with a financial institution preferred
Ability to maintain a high level of confidentiality
Excellent organization, prioritization and analytical skills to effectively manage areas of responsibility and attain organizational goals
Excellent written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
Ability to analyze and resolve complex problems or situations
Ability to positively influence others regarding policies, practices, and procedures
Strong knowledge and understanding of credit union products, services, policies, and procedures
Strong knowledge and understanding of regulatory compliance
Strong knowledge and understanding of credit union computer systems and software applications required to perform job duties
Benefits
Financial Well-Being: Bonus Program up to 18%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
Community Involvement: Paid Volunteer Hours
Growth: Degree Assistance up to $5,000 per year
For more information, including additional benefits, please visit our benefits website at (no link provided in this refined description).
Company Overview: Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. For more information, please visit our careers site at the provided URL.
#J-18808-Ljbffr
Compensation:
$120,000 - $185,000 based on experience and credentials Location Type:
Hybrid, a flexible work model blending in-office and remote working Position Type:
Full Time The Director of Third Party Risk Management (TPRM) is responsible for developing, executing, and overseeing the credit union’s enterprise-wide Third Party Risk Management Program. This role ensures that third-party relationships are effectively assessed, monitored, and managed in alignment with regulatory expectations, enterprise risk appetite, and strategic objectives. The Director facilitates and maintains vendor relationships between the credit union and its business partners, ensuring vendors deliver quality products and services on time and in accordance with contractual obligations.
Responsibilities
Design, implement, and continuously mature the Credit Union’s enterprise-wide TPRM program, including policies, procedures, and standards for the full third-party lifecycle
Foster a risk-aware culture of accountability where all employees understand their roles in identifying and managing third-party risks
Oversee vendor risk assessments across cybersecurity, compliance, operational resilience, and financial stability, with scrutiny commensurate with risk and criticality
Conduct risk rating assessments of new and current vendors and keep ratings up to date
Review and approve thorough due diligence on potential third parties before relationships are established, including evaluation of controls, financial health, and regulatory adherence
Assess and monitor risks posed by fourth parties (subcontractors)
Develop contracting strategies to improve business performance and ensure compliance with organization policies, procedures, and regulations
Direct a continuous monitoring program to ensure third parties meet contractual and compliance requirements
Track and escalate third-party risk findings and operational events, manage remediation plans, and ensure timely issue resolution
Lead secure and proper termination of third-party relationships, including revoking access and ensuring return or destruction of sensitive data
Oversee contract reviews with legal and business units to ensure contracts define expectations, SLAs, security standards, and termination clauses
Serve as the internal subject matter expert on third-party vendor risk, advising stakeholders on best practices and regulatory requirements
Review and recommend new methods or procedures to make daily operations more efficient
Perform considerable short-term planning, scheduling, and coordinating to develop and implement business objectives
Set goals for assigned teams to achieve operational and strategic results
Provide guidance, mentoring, and development opportunities for directly reporting staff
Cultivate strong working relationships, build trust among team members, and respond appropriately to employees' concerns
Assist with the development, monitoring, and maintenance of the annual budget
Assist with regulatory compliance to ensure work is completed in accordance with applicable laws and government regulations
Maintain knowledge and understanding of current trends, laws, and issues affecting area of expertise
Attend educational events to increase professional knowledge
Complete annual compliance and info security training to understand employees\' role in maintaining effective compliance and security programs
Qualifications
Bachelor’s degree in a business-related field (A comparable combination of work experience and training may be substituted for education requirements.)
Certified Regulatory Vendor Program Manager (CRVPM) or similar designation preferred
Minimum of 8 years of vendor due diligence, contract negotiation, contract administration, and budget preparation experience
Experience with a financial institution preferred
Ability to maintain a high level of confidentiality
Excellent organization, prioritization and analytical skills to effectively manage areas of responsibility and attain organizational goals
Excellent written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
Ability to analyze and resolve complex problems or situations
Ability to positively influence others regarding policies, practices, and procedures
Strong knowledge and understanding of credit union products, services, policies, and procedures
Strong knowledge and understanding of regulatory compliance
Strong knowledge and understanding of credit union computer systems and software applications required to perform job duties
Benefits
Financial Well-Being: Bonus Program up to 18%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
Community Involvement: Paid Volunteer Hours
Growth: Degree Assistance up to $5,000 per year
For more information, including additional benefits, please visit our benefits website at (no link provided in this refined description).
Company Overview: Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. For more information, please visit our careers site at the provided URL.
#J-18808-Ljbffr