Manager, Third Party Risk

The Manager, Third Party Risk supports the development and ongoing execution of a strong operational risk management program across Equitable Bank and provides independent oversight and effective challenge (as the second line of defence) to ensure the Bank operates within its established operational risk appetite.

• As the 2^nd Line of Defence, participates in oversight reviews and assessments related to third party triages, due diligence, quality reviews, annual attestations and other control activities where required.
• Supports operational procedures and tools that assist the implementation of Third Party Risk Methodologies ensuring effective processes to identify, measure, manage, monitor and report on Third Party risks.
• Contributes to the enhancement of Operational Risk programs including, all aspects of the Third Party risk roadmap, Operational Resilience roadmap, and supporting methodologies, mechanisms, standards, reporting and operating procedures.
• Supports the use of risk identification tools such as the new initiative risk assessment (NIRA), the Risk and Control Self-Assessment (RCSA), third party risk assessments and issues management.
• Prepares and supports TPRM reporting, including analysis of key risk indicators, trends, issues and other third-party risk information for management and governance forums.
• Provides oversight to the business through assessments, ensuring remediation / action plans are appropriately addressed, monitored, reported and escalated, as necessary.
• Assists with reviews/investigations and reports for operational risk events and/or incidents.
• Manage the delivery of training to relevant employees within the business and /or critical business service to ensure they are familiar with their roles and responsibilities

• 3-5 years of experience in Third Party risk management, operational resilience, business continuity/disaster recovery  
• 5-7 years of experience in an operational risk oversight role in a financial institution.
• Undergraduate degree in finance, economics, business administration or technology is an asset
• Knowledge of risk management, compliance matters, corporate governance and control frameworks.
• Strong analytical and quantitative skills and problem-solving abilities. Strong attention to detail.
• Strong written and verbal communication skills coupled with meeting facilitation abilities and good presentation skills.
• Good organizational, project and time management skills to efficiently deliver concurrent projects with competing priorities.
• Knowledge of OSFI Guidelines B-10, B-13 and E-21, with the ability to interpret and apply regulatory expectations.
• Proficiency with Microsoft Copilot and the ability to leverage AI tools and develop AI agents to improve processes and productivity.