Director, Third-Party Risk Management — Strategic Risk Leader

CardWorks, Inc.; South Jordan (UT); On-site; USD 140,000 - 210,000; Full time

Benefits offered by this job

Medical, Dental, and Vision coverage

401(k) Plan with Company Match

Paid Vacation and Holidays

Job summary

Merrick Bank, a subsidiary of CardWorks Financial Group, is seeking a Director of Third-Party Risk Management in South Jordan, UT. You will lead the TPRM program, oversee due diligence, monitoring, and issue remediation, and partner with Legal, Information Security, Compliance, and Audit to ensure risk-based decisions.

Role requires eight+ years in risk management within financial services, leadership experience, and strong reporting to senior management and boards.

Qualifications

• Bachelor’s degree in Risk Management, Finance, Business Administration, Accounting, Information Systems, or a related field.
• 8+ years of progressive experience in Third-Party Risk Management or related disciplines.
• Ability to provide independent review and effective challenge with clear recommendations.
• Experience leading teams and cross-functional initiatives.
• Knowledge of third-party lifecycle and regulatory expectations for financial institutions.

Responsibilities

• Directs the execution and enhancement of the Bank’s TPRM framework across planning, due diligence, selection, contracting, ongoing monitoring, issue management, renewal, and termination.
• Provides leadership, direction, workload prioritization, coaching, and performance oversight to TPRM team members and resources.
• Oversees risk-based due diligence, risk assessments, control evaluations, and ongoing monitoring across the third-party lifecycle.
• Partners with business units, Vendor Relationship Owners, Vendor Engagement Leads, Vendor Management, and SMEs to clarify accountabilities and escalate material changes.
• Provides independent review and effective challenge of risk assessments, risk ratings, exceptions, control conclusions, and proposed risk responses.
• Oversees monitoring of third-party performance, financial condition, control effectiveness, risk indicators, incidents, and remediation commitments.
• Leads the development, maintenance, and periodic review of TPRM policies and workflows.
• Develops dashboards, metrics, and executive summaries for Senior Management and the Board.
• Owns program quality assurance and regulatory readiness for TPRM.

Skills

Risk management

Vendor risk

Regulatory knowledge

Executive reporting

Leadership

Education

Bachelor's degree in Risk Management or related field

Job description

Merrick Bank, a subsidiary of CardWorks Financial Group, is seeking a Director of Third-Party Risk Management in South Jordan, UT. You will lead the TPRM program, oversee due diligence, monitoring, and issue remediation, and partner with Legal, Information Security, Compliance, and Audit to ensure risk-based decisions.

Role requires eight+ years in risk management within financial services, leadership experience, and strong reporting to senior management and boards.