Third-Party Risk Management Business Advisor
Federal Reserve Bank of Atlanta
CompanyFederal Reserve Bank of RichmondWhen you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.
Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.
About the Opportunity
The National Procurement Office (NPO) has an immediate opening for a Third-Party Risk Management Business Advisor. This position will work on a small third-party risk team and is responsible for supporting the development, implementation, administration, and ongoing evolution of the Federal Reserve System (FRS) third-party risk management strategy on behalf of the NPO and provides the FRS with high level expertise and technical guidance in relationship to strategy, goal and objectives related to the System Vendor Management Framework. This role will partner, consult, and collaborate with other System groups, vendor managers, and key stakeholders to support the FRS third-party risk management strategy.
What You Will Do:
Accelerate maturation of the FRS third-party risk management program by leveraging industry expertise and best practices
Drive the development, maintenance, and growth of the third-party risk management strategy for the FRS
Assess, monitor, provide insights, and mitigate third-party risks to support health of FRS vendor ecosystem
Support third party risk, performance, and compliance metrics and tracking tools
Represent the NPO on assigned System initiatives
Keep current on industry knowledge and best practices and incorporate into the System program
8+ years of relevant work experience developing and overseeing third-party risk programs
Bachelor's degree or higher in a related field
Third-party risk management certification preferred
Proven experience leading/working in third-party risk function
Demonstrated ability to leverage data analytics tools to analyze and extract data driven insights, trends and recommendations and communicate key messages through executive summaries and reporting
Strong stakeholder management skills, including communication, presentation, and ability to collaborate with senior executives
Proven ability to work cross functionally with all levels of leadership and individual contributors to influence and manage change without authority
Outstanding relationship building skills and high emotional intelligence; willingness to help others to achieve wider goals and organizational objectives
Ability to navigate a complex organization to advise leadership and drive positive results
Working knowledge of program management and change management
Other Requirements and Considerations:
Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions. The Code is available on the About Us, Careers webpage at www.richmondfed.org.
Sponsorship is not available for this role. Selected candidate is subject to special background check procedures.
Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.
The Senior Business Advisor hiring range is $109,900 - $151,140 annually.
The Advanced Business Advisor hiring range is $123,000 - $169,180 annually.
Applications will be reviewed on a rolling basis.
Full Time / Part TimeFull time
Regular / TemporaryRegular
Job Exempt (Yes / No)Yes
Work ShiftFirst (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.