Business Risk Officer

Tampa, Florida

Hybrid

Contract

$33/hr - $35/hr

Grow your career as a Business Risk Officer with an innovative global bank in Tampa, FL. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration: 12+ Months

Required Skills & Experience

• Bachelors/University degree.

• 6 to 10 years of experience in, strategic sourcing/procurement, vendor management risk management and/or regulatory compliance in one or more of the following risk disciplines: technology risk, business continuity, operational risk, supplier risk, or audit and controls.

• Demonstrates knowledge of in-scope business and product areas.

• Experience in strategic sourcing/procurement and interacting with suppliers’ management teams with the ability to exercise sound, timely and independent judgment.

• Demonstrates understanding of operational capabilities of suppliers across applicable business types.

Desired Skills & Experience

• Masters degree.

• Broad knowledge of other risk areas, with strong understanding of supplier or third-party risk impact in a financial services company.

What You Will Be Doing

• Represent business leadership to coordinate and facilitate Third Party Risk Management activities.

• Evaluate current market conditions and providing insight on trends/issues that may impact the business through the use of external Third Parties.

• Advise BAO on the Risk Assessment for third parties and re-accessing as required; identifying significant changes in relationship to trigger update of Risk Assessment.

• Verify third party’s compliance to required policies and controls.

• Partner with business operations, technology teams and internal functions to conduct on-site visits of third party, as required.

• Maintain and update company’s Exit Strategy Plans as required; when the exit strategy poses significant risk to the company, work with business contacts to establish appropriate risk mitigation activities to minimize risk to the company.

• Interact with third parties on escalations of non-performance and contractual issues to drive resolution when appropriate.

• Monitor third party performance and SLs through company’s Performance Management Assessment (PMA) process.

• Verify Third Party contracts (e.g., Statements of Work) are properly executed and uploaded in the company’s Contract Management System (eSourcing), working with the organization if re-negotiations are required.

• Review, prioritize, assess and act on results of TPRM assessments/controls with support from various internal functions, in conjunction with the business and operations teams.

• Facilitate remediation of issues or gaps identified as part of ongoing monitoring.

• Define risk mitigation strategies and risk exceptions based on the business risk appetite.

• Provide thought leadership to drive supplier optimization and efficiencies based on Third Parties risk profiles, performance, and market trends.

• Standardize SLs performance monitoring measures for like services, where possible.

• Liaise with the Third Party Utility, as necessary, to review and respond to the results of third party risk management activities conducted centrally by the Utility.

You will receive the following benefits:

• Medical Insurance - Four medical plans to choose from for you and your family

• Dental & Orthodontia Benefits

• Vision Benefits

• Health Savings Account (HSA)

• Health and Dependent Care Flexible Spending Accounts

• Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance

• Hospital Indemnity Insurance

• 401(k) including match with pre and post-tax options

• Paid Sick Time Leave

• Legal and Identity Protection Plans

• Pre-tax Commuter Benefit

• 529 College Saver Plan

Motion Recruitment Partners is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Accommodation will be provided in all parts of the hiring process as required under Motion Recruitment Employment Accommodation policy. Applicants need to make their needs known in advance.

Posted by: Melissa Klein

Specialization: Business Analyst