Director, Third-Party Risk Management & Strategy

Merrick Bank; United States; On-site; USD 140,000 - 210,000; Full time

Benefits offered by this job

Competitive pay

Medical, Dental, Vision

401(k) Match

Disability insurance

Wellness programs

Paid vacation and holidays

Diversity & inclusion

Job summary

Merrick Bank, a leading FDIC-insured financial institution, seeks a Director of Third-Party Risk Management to lead the TPRM program. You will partner with Legal, Information Security, Compliance, and Vendor Management to drive risk-based decisions and regulatory readiness.

Responsibilities include guiding due diligence, risk assessments, monitoring, and reporting to senior management and the Board. Strong leadership and regulatory knowledge are essential.

Qualifications

• Bachelor’s degree in a relevant field required; advanced degree or certification preferred.
• 8+ years of progressive Third-Party Risk Management or related experience in financial services.

Responsibilities

• Directs the execution and enhancement of the TPRM framework across all lifecycle stages.
• Lead and develop TPRM team members and supporting resources.
• Perform risk-based due diligence, risk assessments, and ongoing monitoring.
• Clarify accountabilities with stakeholders and escalate material changes.
• Provide independent review of risk assessments and risk responses with recommendations.
• Monitor performance, financials, controls, indicators, and remediation commitments.
• Develop and maintain TPRM policies, standards, and workflows.
• Create dashboards and executive summaries for senior leadership and boards.

Skills

TPRM leadership

Risk reporting

Executive communication

Stakeholder management

Regulatory compliance

Education

Bachelor’s degree in Risk Management/Finance/Business Administration/Accounting/IS/Supply Chain

Advanced degree or relevant certification (CTPRP/CTPRA/CRVPM/CRMA/FRM/CPA/CIA/CISM/CRISC) preferred

Tools

GRC tools

Job description

Merrick Bank, a leading FDIC-insured financial institution, seeks a Director of Third-Party Risk Management to lead the TPRM program. You will partner with Legal, Information Security, Compliance, and Vendor Management to drive risk-based decisions and regulatory readiness.

Responsibilities include guiding due diligence, risk assessments, monitoring, and reporting to senior management and the Board. Strong leadership and regulatory knowledge are essential.