Associate Vice President, Third Party Risk Monitoring & Due Diligence

Associate Vice President, Third Party Risk Monitoring & Due Diligence

About the Company

Global financial institution with regulated third-party risk management operations

Industry
Banking

Type
Privately Held

About the Role

The Company is seeking an Associate Vice President to oversee continuous monitoring and due diligence for third- and fourth-party service providers. Responsibilities include assessing cybersecurity and enterprise risks, reviewing alerts and incidents, analyzing trends and potential business impacts, and coordinating responses with internal stakeholders. The role also leads due diligence reviews and reassessments, identifies control gaps, tracks remediation, and escalates significant risks. Additional duties include monitoring portfolio concentrations, maintaining accurate risk records, supporting audits and regulatory reviews, and improving assessment and reporting processes. Candidates should have at least five years of experience in third-party risk management, IT audit, or risk assessment, ideally within a regulated financial services environment. Strong knowledge of risk assessment and control effectiveness across areas such as information security, technology, business continuity, compliance, and operational risk is required. The role calls for clear communication of complex risks to senior stakeholders, sound judgment, attention to detail, and the ability to coordinate remediation across teams. Experience maintaining audit-ready documentation and working with risk management systems and monitoring data is also important.

Functions

• Operations