Manager, Third Party Risk Management

Job Description

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About the role:

The Manager, Third Party Risk Management (TPRM), is responsible for overseeing the enterprise TPRM Policy, Operating Guideline, and supporting procedures. As a second line of defence (2B) role, the Manager provides governance, oversight, and guidance to support the effective management of third-party risks.

The enterprise third-party governance framework support coordinated risk oversight across business partners and second-line risk functions throughout the third-party lifecycle.

The Manager supports the ongoing evolution of the TPRM program through innovation, transformation, process enhancement, and AI-enabled initiatives. The role works closely with Business Group Risk Office teams and other stakeholders to drive the effective implementation and adoption of program changes across the enterprise.

What will you do?

• Assist the Director in the maintenance, and ongoing enhancement of the TPRM program including updates to the TPRM Policy and Enterprise Operating Guideline (EOG)
• Monitor compliance to the TPRM Policy including tracking and reporting of Policy Non-Compliances (PNC) and Key Risk Indicators (KRI)
• Aggregate, analyze and challenge third-party data across Business Groups to support evaluation of the enterprise third-party risk profile
• Support regulatory requirements and data collection exercises relevant to third-party risk
• Support development, maintenance and delivery of training to Business Group Risk Office teams and other stakeholders as required
• Provide guidance and advice to the Business Group Risk Office teams when judgement or further clarification is required on adherence to the TPRM Policy and EOG
• Review Business Groups’ process documents to ensure alignment with the TPRM Policy and Enterprise Operating Guideline (EOG), identifying gaps and recommendations as appropriate

What do you need to succeed?

• 5+ years of risk management experience, with 2+ years of experience supporting TPRM Programs, controls and processes, ideally within a major Federally Regulated Financial Institution
• Bachelor’s degree in Business, Management, Finance, or other relevant field and / or certification
• Exceptional analytical, problem-solving, and decision-making abilities, with keen attention to detail
• Excellent communication and interpersonal skills, with the ability to influence and communicate complex concepts to a diverse audience
• Proactive and adaptable mindset with the ability to thrive in a fast-paced and rapidly evolving industry and organization
• Well developed writing and visual presentation skills to sufficiently articulate analytics results, options, recommendations and reporting
• Demonstrable experience of developing strong working relationships with cross-functional business areas and multi-stakeholder landscape to drive execution of key deliverables and facilitate successful risk management within the Three Lines of Defense model

Preferred Skills:

• Understanding of the different risk domains pertaining to third party risk management and their unique requirements is advantageous

What's in it for you?

• Hybrid work environment
• A friendly, collaborative, and inclusive culture
• 20 vacation days per year
• Flexible Benefits from the day you join to meet the needs of you and your family
• Pension, stock and savings programs to help build and enhance your future financial security
• The opportunity to move along a variety of career paths with amazing networking potential
• Access to our Global Learning Centre, available 24/7 for your learning needs
• Wellness programs that support the three pillars of your health – mental, physical and financial

Recent Awards:

• We are honoured to be recognized as a 2022, 2023, 2024 and 2025 Best Workplaces in Canada by Great Place to Work® Canada