Director Third Party Risk Oversight

This is a remote role that may be hired in several markets across the United States.

We are seeking an experienced and strategic leader to report to the Senior Director of Third Party Risk Oversight (TPRO). This role is critical in establishing and maintaining oversight of a robust Third Party risk framework, ensuring alignment with regulatory requirements and corporate objectives. The ideal candidate will have a strong background in Third Party risk, Third Party resiliency, operational risk management, and data-driven reporting. This position requires strong leadership, strategic thinking, and collaboration skills to support risk management efforts across the company.

This role drives organizational change through the development and implementation of the Enterprise Risk Management and Operational Risk Management frameworks.

• Oversees Third Party reporting, metrics and data to enhance the identification and management of risk.
• Directs the aggregate monitoring and enhancement of frameworks through innovative tools or processes.
• Effectively challenges Operational Risk Events, Loss Monitoring, and Risk Acceptances.
• Responsible for oversight of Cyber Risk Events and Third Party vulnerabilities.
• Accountable for Third and Fourth Party oversight through committees, councils and working groups.
• Develops approaches for evolving risks such as Artificial Intelligence, Fintech, and Third Party Resiliency.
• Executes reviews over New Products and Services involving Third Parties.
• Responsible for Regulatory and Internal Audit requests and exams.
• Builds influential relationships with senior management within business units and supports escalation to board committees.
• Develops collaborative partnerships with internal departments, external auditors, regulatory agencies, and other stakeholders to enhance cross-functional risk management capabilities.

The Director is responsible to the operational risk appetite statements, metrics, and quarterly reporting to support risk transparency and escalations, as necessary for good governance practices. The leader will ensure alignment between risk appetite and strategic goals. This person will collaborate with stakeholders to review and adjust risk appetite as needed, ensuring responsiveness to evolving conditions.

The Director will oversee the design and delivery of comprehensive risk reports, dashboards, and analytics for senior leadership and board-level reporting. They will enhance reporting capabilities to provide actionable insights into risk exposure, emerging risks, and key trends. This role ensures data accuracy, consistency, and transparency in all risk-related reporting and communications.

This role fosters a culture of accountability, collaboration, and continuous improvement within the team. Acts as a liaison between the operational risk management team and other departments, ensuring alignment and effective communication across the organization.

• Governance
• Develop, implement, and maintain an effective Third Party risk governance framework that aligns with regulatory and industry standards.
• Lead the establishment, monitoring and effective challenge of risk governance processes, ensuring consistent risk management practices.
• Establishes the management routines associated with effective committee management and outcomes.
• Risk Appetite and Framework
• Maintain the management processes to support the ongoing reporting of and efficacy of the organization's operational risk appetite.
• Ensure alignment between risk appetite and strategic goals, fostering a balanced approach to risk taking.
• Collaborate with stakeholders to review and adjust risk appetite as needed, ensuring responsiveness to evolving internal and external conditions.
• Risk Reporting
• Oversee the design and delivery of comprehensive risk reports, dashboards, and analytics for senior leadership and board-level reporting.
• Enhance reporting capabilities to provide actionable insights into risk exposure, emerging risks, and key trends.
• Establish and manage the processes to ensure data accuracy, consistency, and transparency in all risk-related reporting and communications.
• Business Management
• Foster a culture of accountability, collaboration, and continuous improvement within the organization.
• Act as a liaison between the TPRO organization and other departments, ensuring alignment and effective communication across the organization.
• Manages the performance, training, and evaluation of assigned staff. Maximizes department achievements by providing professional development.

Bachelor's Degree and 10 years of experience in Enterprise Risk or Operational Risk and Project Management or Consulting (internal or external) OR High School Diploma or GED and 14 years of experience in Enterprise Risk or Operational Risk and Project Management or Consulting (internal or external)

Additional Qualifications:

• In-depth knowledge of Third Party risk, risk appetite methodologies, and regulatory requirements.

• Background in Third Party resiliency and Third Party cyber.

• Experience with building out Third Party lifecycle activities in emerging risks such as Artificial Intelligence.

• Proven experience in risk reporting and analytics, with strong data interpretation and communication skills.

• Exceptional leadership, collaboration, and strategic thinking abilities.

• Strong understanding of the financial services industry, operational processes, and risk mitigation techniques.

Key Competencies:

• Strategic vision and ability to align risk practices with business objectives.
• Excellent communication and presentation skills, with the ability to influence and engage senior stakeholders.
• Strong analytical and problem-solving skills.
• Proven track record in building and leading high-performing teams.

This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is generally between $141,850 to $220,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.