Manager, Enterprise Operational Risk Management, Third Party Risk Management
Your Opportunity
At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.
Reporting to the Senior Manager within Third-Party Risk Management (TPRM) Governance and Reporting Oversight (GRO) team, the ideal candidate will coordinate and support third-party risk governance, oversight and firm-wide adoption of third-party management process, risk, controls and related associations within Schwab's MyGRC platform. This position is responsible for oversight of business unit adoption of third-party risk considerations within MyGRC, monitoring of third-party risks and issues documented in RCSAs, providing third-party risk management guidance to business units, and collaborating with Corporate Risk Management partners to support effective risk management practices in alignment with company-wide policies, standards and procedures. The Manager understands and assesses the effectiveness of documented third-party management processes, risks, controls, and vendor associations while also analyzing data to identify trends in support of providing risk reporting to enable business unit awareness and action. This position requires working with and leveraging other professional groups and partners such as Corporate Risk Management teams, First Line Risk Management Office, and Vendor Management, among others. This is an individual contributor role with no direct reports.
As a Manager, TPRM, your responsibilities may include, but will not be limited to, the following activities:
Coordinating and performing company-wide oversight of third-party management processes, risks, controls, issues, and vendor associations within the MyGRC RCSA environment.
Managing the implementation and adoption of MyGRC third-party risk considerations company wide.
Identifying process improvement opportunities and planning/implementing improvements to support ongoing third-party risk management.
Developing training/communication materials.
Collaborating with Corporate Risk Management and First Line Risk Management Oversight to enable effectiveness in training communications broadly across impacted stakeholders.
Developing reports that convey business unit third-party risk status and related issues for vendors and relationships owned by business.
Participating in first line of defense risk forums supporting oversight from a third-party risk perspective.
Partnering with TPRM peers to effectively manage and maintain third-party issues within MyGRC.
Collaborating with other risk subject matter experts on the performance of ad hoc assessments to assess third-party risks and identify opportunities for improvement.
Providing guidance to business partners on risks associated with third parties.
Developing and maintaining subject matter expertise on third-party risks.
You may also be assigned to support other teams, processes, or activities across TPRM or directly with other risk management partners as needs arise in other areas.
What you have
A minimum of 1-2 years in financial services, with direct experience working in either a third-party risk management or other risk management function and/or vendor management function
Experience in performing risk assessment and oversight
Ability to operate independently while managing multiple projects/initiatives
Familiarity with regulatory requirements (FRB, FFIEC, FINRA, SEC, FDIC, CFPB, CFTC, NFA).
Familiarity with the products and services offered by a broker-dealer, investment advisors, and/or banking institutions
Outstanding analytical and research skills and ability to synthesize data
Excellent communication skills
Validated ability to build positive relationships, collaborate effectively, and establish trust, respect, and confidence
Shown ability to identify and solve complex issues in a team environment working with various levels of management and business partners
Fully proficient with Microsoft Office including Word, PowerPoint, Project, Visio and Excel
BA/BS degree required or equivalent experience
Apply Now
At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.
Reporting to the Senior Manager within Third-Party Risk Management (TPRM) Governance and Reporting Oversight (GRO) team, the ideal candidate will coordinate and support third-party risk governance, oversight and firm-wide adoption of third-party management process, risk, controls and related associations within Schwab's MyGRC platform. This position is responsible for oversight of business unit adoption of third-party risk considerations within MyGRC, monitoring of third-party risks and issues documented in RCSAs, providing third-party risk management guidance to business units, and collaborating with Corporate Risk Management partners to support effective risk management practices in alignment with company-wide policies, standards and procedures. The Manager understands and assesses the effectiveness of documented third-party management processes, risks, controls, and vendor associations while also analyzing data to identify trends in support of providing risk reporting to enable business unit awareness and action. This position requires working with and leveraging other professional groups and partners such as Corporate Risk Management teams, First Line Risk Management Office, and Vendor Management, among others. This is an individual contributor role with no direct reports.
As a Manager, TPRM, your responsibilities may include, but will not be limited to, the following activities:
Coordinating and performing company-wide oversight of third-party management processes, risks, controls, issues, and vendor associations within the MyGRC RCSA environment.
Managing the implementation and adoption of MyGRC third-party risk considerations company wide.
Identifying process improvement opportunities and planning/implementing improvements to support ongoing third-party risk management.
Developing training/communication materials.
Collaborating with Corporate Risk Management and First Line Risk Management Oversight to enable effectiveness in training communications broadly across impacted stakeholders.
Developing reports that convey business unit third-party risk status and related issues for vendors and relationships owned by business.
Participating in first line of defense risk forums supporting oversight from a third-party risk perspective.
Partnering with TPRM peers to effectively manage and maintain third-party issues within MyGRC.
Collaborating with other risk subject matter experts on the performance of ad hoc assessments to assess third-party risks and identify opportunities for improvement.
Providing guidance to business partners on risks associated with third parties.
Developing and maintaining subject matter expertise on third-party risks.
You may also be assigned to support other teams, processes, or activities across TPRM or directly with other risk management partners as needs arise in other areas.
What you have
A minimum of 1-2 years in financial services, with direct experience working in either a third-party risk management or other risk management function and/or vendor management function
Experience in performing risk assessment and oversight
Ability to operate independently while managing multiple projects/initiatives
Familiarity with regulatory requirements (FRB, FFIEC, FINRA, SEC, FDIC, CFPB, CFTC, NFA).
Familiarity with the products and services offered by a broker-dealer, investment advisors, and/or banking institutions
Outstanding analytical and research skills and ability to synthesize data
Excellent communication skills
Validated ability to build positive relationships, collaborate effectively, and establish trust, respect, and confidence
Shown ability to identify and solve complex issues in a team environment working with various levels of management and business partners
Fully proficient with Microsoft Office including Word, PowerPoint, Project, Visio and Excel
BA/BS degree required or equivalent experience
Apply Now