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Senior Manager, Third Party Risk Management
Senior Manager, Third Party Risk ManagementDeloitte • Toronto, Ontario, Canada
Senior Manager, Third Party Risk Management

Senior Manager, Third Party Risk Management

Deloitte • Toronto, Ontario, Canada
30+ days ago
Job type
  • Permanent
Job description

Job Type : Permanent

Work Model : Hybrid

Reference code : 131494

Primary Location : Toronto, ON

All Available Locations : Toronto, ON

Our Purpose

At Deloitte, our Purpose is to make an impact that matters. We exist to inspire and help our people, organizations, communities, and countries to thrive by building a better future. Our work underpins a prosperous society where people can find meaning and opportunity. It builds consumer and business confidence, empowers organizations to find imaginative ways of deploying capital, enables fair, trusted, and functioning social and economic institutions, and allows our friends, families, and communities to enjoy the quality of life that comes with a sustainable future. And as the largest 100% Canadian-owned and operated professional services firm in our country, we are proud to work alongside our clients to make a positive impact for all Canadians.

By living our Purpose, we will make an impact that matters.

  • Have many careers in one Firm.
  • Enjoy flexible, proactive, and practical benefits that foster a culture of well-being and connectedness.
  • Learn from deep subject matter experts through mentoring and on the job coaching

What will your typical day look like?

As a Senior Manager in our TPRM practice, your typical day will center around leveraging your leadership acumen to oversee complex projects and drive strategic initiatives that advance our clients' risk management capabilities. You will play a pivotal role in shaping our practice's approach to third party risk, integrating innovation and industry best practices to deliver exceptional value and achieve sustainable outcomes.

As a Senior Manager, you will be responsible for :

  • Taking the lead in defining and executing strategic initiatives within the TPRM practice, focusing on enhancing client resilience and compliance through innovative risk management solutions.
  • Playing a pivotal role in driving growth for the TPRM practice through business development activities, including identifying new opportunities, contributing to go-to-market strategies, and supporting proposal development. You will also help lead the team, leveraging strong written and verbal communication skills to engage effectively with clients, third parties, and senior management, both in securing new business and delivering complex projects.
  • Cultivating and maintaining strong relationships with key client stakeholders, understanding their strategic objectives and aligning our services to support their risk management goals effectively.
  • Serving as a trusted advisor to clients, offering expert guidance on complex TPRM challenges, regulatory requirements, and emerging industry trends.
  • Overseeing the execution of multiple high-impact TPRM projects, including the design and implementation of processes, methodologies, operating models, regulatory compliance reviews, and other initiatives to achieve clients' business objectives and enhance organizational resilience.
  • Collaborating closely with cross-functional teams within Deloitte to deliver integrated TPRM solutions that address holistic client needs and regulatory requirements.
  • Elevating our firm's reputation as a leader in TPRM through insightful contributions and innovative thinking.
  • About the team

    Join our dynamic team of highly motivated, innovative professionals working with clients across sectors to solve some of today's most pressing challenges in Third Party Risk Management (TPRM). On this team, you will :

  • Lead the design and implementation of processes, methodologies, and operating models tailored to meet business objectives, as well as ever-evolving regulatory requirements in Third-Party Risk Management (TPRM).
  • Join a dynamic team of industry-leading professionals in Third-Party Risk Management (TPRM) who are dedicated to addressing complex challenges at the intersection of technology, regulatory compliance, and operational efficiency.
  • Collaborate with subject matter experts renowned for their insights and expertise, contributing to innovative solutions that shape the future of TPRM practices in a rapidly evolving marketplace.
  • Lead and mentor a team engaged in pioneering initiatives that define industry standards and regulatory best practices, ensuring clients are equipped to navigate and excel in the ever-changing landscape of third-party risk.
  • Drive thought leadership and eminence activities within the TPRM space, leveraging market intelligence and client interactions to influence industry perspectives and advance the firm's reputation as a leader in risk management advisory services.
  • Partner closely with executives and key stakeholders to develop and implement strategic frameworks, methodologies, and operational models that enhance organizational resilience and compliance readiness in TPRM.
  • Enough about us, let's talk about you

    We are seeking experienced and visionary leaders who are strategic, adaptable, and committed to continuous growth. As a Senior Manager, you will inspire teams, drive innovation, and take accountability for delivering results in a dynamic environment. Success in this role requires strong leadership skills, the ability to navigate complex challenges, and a proven track record of building and maintaining influential relationships with both clients and internal stakeholders. We value leaders who champion new ideas, foster a culture of collaboration and excellence, and are dedicated to delivering impactful, best-in-class solutions that advance our mission and strategic objectives.

    You are someone with :

  • Minimum 10+ years of experience in Third Party Risk Management (TPRM) or closely related fields such as vendor management, risk management, procurement or system implementation with a strong TPRM component.
  • Proven track record of designing, implementing, and managing TPRM programs in a consulting / professional services firm or a major Canadian / US bank.
  • Demonstrated ability to lead and coach teams of skilled professionals in a collaborative environment.
  • Strong capability to manage and prioritize multiple priorities and tasks effectively.
  • Ability to delegate effectively to maximize team performance and development.
  • Excellent report writing, presentation, and stakeholder management skills.
  • Experience managing significant TPRM initiatives or projects, ensuring delivery within deadlines and budget constraints.
  • Demonstrated experience implementing and / or holding certifications in leading TPRM technologies such as ServiceNow, Coupa, Ariba, Archer, Aravo, Ivalua, ProcessUnity, MetricStream, OneTrust, or Prevalent. Strong understanding of how these solutions, and the use of GenAI and automation, can drive efficiency and operational effectiveness in clients' TPRM programs.
  • Deep understanding of regulatory requirements relevant to TPRM, especially in jurisdictions where the organization operates (e.g., comprehensive knowledge with regulations from regulatory bodies like OCC, OSFI, GDPR).
  • Commitment to staying updated on emerging trends and best practices in TPRM and cybersecurity.
  • Proficiency in procurement and procure-to-pay processes.
  • Strong consulting / professional services background, with technology experience as an asset.
  • Total Rewards

    The salary range for this position is $105,000 - $234,000, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.

    Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. On top of our regular paid vacation days, some examples include : $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, firm-wide closures known as "Deloitte Days", dedicated days of for learning (known as Development and Innovation Days), flexible work arrangements and a hybrid work structure.

    Our promise to our people : Deloitte is where potential comes to life.

    Be yourself, and more.

    We are a group of talented people who want to learn, gain experience, and develop skills. Wherever you are in your career, we want you to advance.

    You shape how we make impact.

    Diverse perspectives and life experiences make us better. Whoever you are and wherever you're from, we want you to feel like you belong here. We provide flexible working options to support you and how you can contribute.

    Be the leader you want to be

    Some guide teams, some change culture, some build essential expertise. We offer opportunities and experiences that support your continuing growth as a leader.

    Have as many careers as you want.

    We are uniquely able to offer you new challenges and roles - and prepare you for them. We bring together people with unique experiences and talents, and we are the place to develop a lasting network of friends, peers, and mentors.

    The next step is yours

    At Deloitte, we are all about doing business inclusively - that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada. This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan , Reconciliation Action Plan and the BlackNorth Initiative .

    We encourage you to connect with us at accessiblecareers@deloitte.ca if you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations) or indigenouscareers@deloitte.ca for any questions relating to careers for Indigenous peoples at Deloitte (First Nations, Inuit, Métis).

    When you apply, we will review your application using Deloitte's Global Talent Standards to ensure a consistent recruitment experience. Our recruitment advisors and hiring teams will utilize human screening combined with AI technology to help identify the skills and qualities that matter most to our business, while safeguarding your privacy and using AI responsibly.

    Deloitte Canada has 20 offices with representation across most of the country. We acknowledge that Deloitte offices stand on traditional, treaty, and unceded territories in what is now known as Canada. We recognize that Indigenous Peoples have been the caretakers of this land since time immemorial, nurturing its resources and preserving its natural beauty. We acknowledge this land is still home to many First Nations, Inuit, and Métis Peoples, who continue to maintain their deep connection to the land and its sacred teachings. We humbly acknowledge that we are all Treaty people, and we commit to fostering a relationship of respect, collaboration, and stewardship with Indigenous communities in our shared goal of reconciliation and environmental sustainability.

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