Third Party Risk Manager
Flagstar Bank FSB

Job Summary
The Third-Party Risk Manager will support the Third-Party Risk Management Program to effectively manage third- party risk in accordance with internal policy, regulatory requirements and stakeholder needs. This position will do this by: building and maintaining policy and process to align with and support compliance with regulatory requirements and guidelines (OCC, FFIEC, FDIC, etc.) and internal Bank policies and procedures, support Coupa Risk Assess system optimization, controls, and data quality assurance, and the maintenance of procedures, desk guides/reporting and training/presentation materials. The Third-Party Manager will also be responsible for facilitating and assessing accurate third party information captured in Third-Party Questionnaires ("TPQ"), performing financial and insurance due diligence reviews, analyzing reviews completed by Subject Matter Expert (\"SME") teams to ensure conclusions adequately assess risks identified which may impact onboarding decisions, ensuring summary report documentation and conclusions support third-party approval decisions; being responsible for supervising business unit ("BU") completion of the third party's performance through the score carding process, which reflect BU monitoring of performance and documentation of issues/follow-up action, and ensuring compliance with Bank/Corporate operating policies and procedures and Federal and State Regulations. Additionally, the Third-Party Manager will support/lead special projects and program management activities as assigned which may include: OCC audit, Internal Audit, Coupa optimization, alignment with end-to-end Source-to-Pay, Diversity and Inclusion activity reporting, and Bank M&A activity.

Job Responsibilities:

• Facilitation of the on-time completion of initial and recertification reviews including SME review quality assurance, Third-Party Questionnaires, third-party financial reviews, third-party insurance reviews, summary reports, by risk classification and Exclusionary List reviews.
  
• Complete ongoing Third-Party Risk and Performance monitoring activities including review of third-party performance scorecards by risk classification, BU follow-up, requesting and obtaining key third-party documents such as financial statements, certificates of insurance, and other reports.
  
• Policy and Process build and maintenance to align with and support compliance with regulatory requirements and guidelines (OCC, FFIEC, FDIC, etc.) and internal Bank policies and procedures, Coupa Risk Assess system optimization, controls and data quality assurance, and maintenance of procedures, desk guides, reporting and training/presentation materials as needed.
  
• Special projects and program management as assigned which will include: OCC/Regulator audit, Internal Audit, Coupa CRA, alignment with end-to-end Source to Pay, Diversity and Inclusion activity reporting, and Bank M&A activity
  

Job Requirements:

• Demonstrated relevant track record of success of 8 - 10 years' in managing major third-party risk programs in a financial, banking, mortgage originations/servicing or related regulated organization
  
• Bachelor's degree required, Master's degree preferred
  
• Strong interpersonal, communication, presentation, negotiation skills with strong influencing and persuasive talents
  
• Self-motivated, takes initiative and has the ability to effectively organize, multi-task, and prioritize a wide-array of initiatives and consistently deliver timely results.
  
• Strong working knowledge and experience with OCC, FFIEC and/or other regulatory guidelines and requirements
  
• Experience working with a wide variety of client bases both internal and external
  
• High integrity and ethics
  
• Excellent project management skills
  
• Proficient in Microsoft Word, Excel, PowerPoint and Outlook
  
• TRAVEL REQUIREMENTS (20% OF TIME SPENT AWAY FROM HOME OFFICE)
  

Internal Use Only: Job Band D

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