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KeyBank NA Business Risk and Controls Risk Advisor (Third Party Management Team) in Cleveland, Ohio

Location: For Those Who Work At Home - Various, Ohio 44144 ABOUT THE JOB (JOB BRIEF): Effective Third Party Management (TPM) enables Key to achieve its strategic goals and objectives, while ensuring products and services are provided in a safe and sound manner and in compliance with applicable laws and regulations. The TPM Team outlines and administers the bank's approach to oversee and manage Key's third party relationships and the associated risks in the TPM Policy and Program. The size, criticality, and complexity of Key's TPM Program has grown and evolved to accommodate the bank's strategic priorities and to account for emerging risks, which has increased the demand for first line of defense risk management professionals like you! As an enterprise shared service, TPM personnel collaborate horizontally across Key on noble and meaningful work that impacts the bottom-line and directly protects the interests of our customers, employees, and shareholders. Key's TPM team is a diverse, passionate, and inclusive collection of risk management professionals with a commitment to one another and the bank's mission and purpose. Under the supervision of the TPM Operations Manager, the Third Party Management (TPM) BRC Risk Advisor ensures enterprise adherence to regulatory Third Party Risk Management (TPRM) guidance and Key's TPM Policy through supporting and executing Program-required oversight and governance, planning, due diligence, ongoing monitoring, and termination activities. ESSENTIAL JOB FUNCTIONS: Provides day-to-day TPRM subject matter expertise and production support to assigned Line(s) of Business and functional business units (LOBs) and TPRM stakeholders. Onboards third party engagements for assigned LOBs, including scheduling and facilitating validation meetings to confirm the accuracy and integrity of Key third party risk assessments. Ensures all stakeholders understand the activities being sourced, including the associated risk(s) to Key. Supports internal and external TPM Program stakeholders through assessing, monitoring, escalating, and remediating third party risk and controls. Assigns and documents inherent risk likelihood ratings and justification. Updates TPRM Governance Risk and Compliance (GRC Archer) system with information obtained and/or requiring modification from the validation meetings. Ensures the appropriateness of third party engagement management plans based on the activities being sourced, the risk categories impacted, and the inherent risk to Key. Performs periodic reassessments of third party engagements to ensure the inherent risk rating continues to accurately reflect the current inherent risk of the activity. Provides input, analysis and recommendations for risk accepting due diligence and ongoing monitoring action items and/or overriding risk assessment ratings. Reviews third party engagements for criticality, concentration, and country risks. Provides excellent customer service quality through resolving stakeholder concerns and issues regarding the TPRM process, system navigation, and specific engagement details. Provides input and recommendations to enhance the TPM Policy, Program, procedures, and processes. Supports / leads periodic TPM stakeholder training and onboarding sessions to promote Program adherence and understanding. Engages risk partners as appropriate throughout the TPM lifecycle for risk domain expertise relative to real-time assessments of risks and controls. Engages with Second and Third Line of Defense as appropriate to support review and challenge activities. Escalates production team processing constrains, errors and/or deficiencies to the TPM Operations Manager and takes appropriate corrective actions to remediate. Other management and tactical initiatives and projects as assigned. REQUIRED QUALIFICATIONS: Bachelor's degree or equivalent training / professional experience.

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