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Sumitomo Mitsui Banking Corporation Vice President, Third-Party Risk Management in Jersey City, New Jersey

Perform financial risk analyses in support of third-party risk management to ensure the bank’s operations are not impacted from financial risks posed by third parties. Support third-party risk management across various businesses and financial functions of the bank. Ensure third-party risk is adequately governed, managed and controlled bank-wide, and develop systems to oversee risk management policies for financial processes across the organization. Assist in the review and approval of financial policies and procedures specific to third-party risk and assist in the review and challenge of third-party risk management-related activities and operational risk profiles including financial controls, financial performance against key risk indicators, risk assessments, and remediation plan for financial projects. Support the escalation of third-party risks (including financial risk), issues (including new and emerging), events (vendor issues/terminations, incidents, losses), and reports to senior management. Collaborate with stakeholders (business/function/entity) to increase awareness of third-party risk. Requirements:Master’s degree in Finance or Financial Engineering, plus 3 years of experience in the position offered or another third-party risk management role at a bank. **All of the required experience must have included leading third-party risk management; implementing third-party risk framework and regulations; performing third-party due diligence risk analysis in finance, information/cyber risk, compliance, business continuity, disaster recovery, reputation risk, and operational resilience; conducting enterprise risk management project management and risk control self-assessments; analyzing the financial conditions of third parties and conducting financial viability assessments; applying knowledge of FRB, OCC, and other banking laws and regulatory guidelines on third-party risk management; designing and implementing third-party governance reporting and metrics; designing, enhancing, and handling governance, risk and compliance (GRC) tool; creating financial tracking dashboards and reporting tools using MS Office; and understanding underlying risks and weaknesses within operational risk management and regulatory compliance and developing and implementing programs to mitigate such risks.This role entails hybrid work, with time split between working in our Jersey City, NJ office and flexibility to telecommute from another U.S. location.#LI-DNI

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