Operational Third Party Risk

KYYBA Inc; Jersey City (NJ); On-site; USD 90,000 - 130,000; Full time

Job summary

Kyyba is seeking an Operational Risk Officer within RISK Americas, focused on strengthening third party risk management oversight across CIB. The role requires independent challenge of 1LOD processes, governance routines, and remediation oversight to identify control gaps and ensure effective risk management.

The candidate will collaborate with CIB Central teams and procurement, legal, compliance, technology, and other control functions to align with group requirements and promote consistent

Qualifications

• Strong understanding of operational risk management, third party risk management, outsourcing governance, control frameworks, and the three lines of defence model within a financial services environment.
• Excellent analytical, communication, and stakeholder management skills, with the ability to provide effective challenge, influence outcomes, and explain risk and control matters clearly to both senior and working-level stakeholders.

Responsibilities

• 1LOD Third Party Program Oversight: Provide independent review, challenge, and advisory support over 1LOD execution of third party risk management processes, including due diligence, risk assessment, ongoing monitoring, issue management, and governance routines.
• CIB Central Partnership: Partner with CIB Central teams on regional and global initiatives, framework enhancements, remediation programs, regulatory commitments, and process improvements related to third party and outsourcing risk.
• Operational Risk Check and Challenge: Execute BAU check and challenge activities across risk and control self-assessments, key risk indicators, risk events, control testing outcomes, action plans, and governance materials.
• Governance and Reporting: Support preparation and review of management reporting, committee materials, regulatory updates, risk appetite metrics, and escalation packs related to third party risk and operational risk management.
• Issue and Remediation Oversight: Challenge the adequacy of remediation plans, monitor progress against milestones, assess evidence of closure, and elevate overdue or ineffective remediation where required.
• Framework Alignment: Help ensure local practices remain aligned with applicable Group, regional, and CIB requirements for third party, outsourcing, operational resilience, and operational risk management

Skills

Third Party Risk Management

Outsourcing Governance

Risk and Control Assessment

Governance, Reporting and Escalation

Issue and Action Plan Management

Data Quality and Risk Metrics

Job description

Job Title: (Operational Third Party Risk)

About Kyyba

Founded in 1998 and headquartered in Farmington Hills, MI, Kyyba has a global presence delivering high-quality resources and top-notch recruiting services, enabling businesses to effectively respond to organizational changes and technological advances.

At Kyyba, the overall well-being of our employees and their families is important to us. We are proud of our work culture which embodies our core values; incorporating value, passion, excellence, empowerment, and happiness, creates a vibrant and productive atmosphere. We empower our employees with the resources, incentives, and flexibility that they need to support a healthy, balanced, and fulfilling career by providing many valuable benefits and a balanced compensation structure combined with career development.

Job Description

The position is for an Operational Risk Officer within RISK Americas, focused on supporting and strengthening third party risk management oversight across CIB. The role provides independent Operational Risk check and challenge over the 1LOD Third Party program, including governance, risk identification, control assessment, issue management, reporting, and escalation activities.

The role partners closely with CIB Central teams, business stakeholders, procurement, legal, compliance, technology, and other control functions to support third party risk initiatives, promote consistent application of framework requirements, and ensure that material risks, control gaps, and remediation activities are identified, challenged, tracked, and escalated appropriately.

• 1LOD Third Party Program Oversight: Provide independent review, challenge, and advisory support over 1LOD execution of third party risk management processes, including due diligence, risk assessment, ongoing monitoring, issue management, and governance routines.
• CIB Central Partnership: Partner with CIB Central teams on regional and global initiatives, framework enhancements, remediation programs, regulatory commitments, and process improvements related to third party and outsourcing risk.
• Operational Risk Check and Challenge: Execute BAU check and challenge activities across risk and control self-assessments, key risk indicators, risk events, control testing outcomes, action plans, and governance materials.
• Governance and Reporting: Support preparation and review of management reporting, committee materials, regulatory updates, risk appetite metrics, and escalation packs related to third party risk and operational risk management.
• Issue and Remediation Oversight: Challenge the adequacy of remediation plans, monitor progress against milestones, assess evidence of closure, and elevate overdue or ineffective remediation where required.
• Framework Alignment: Help ensure local practices remain aligned with applicable Group, regional, and CIB requirements for third party, outsourcing, operational resilience, and operational risk management

Strong understanding of operational risk management, third party risk management, outsourcing governance, control frameworks, and the three lines of defence model within a financial services environment.

Excellent analytical, communication, and stakeholder management skills, with the ability to provide effective challenge, influence outcomes, and explain risk and control matters clearly to both senior and working-level stakeholders.

• Third Party Risk Management: Experience reviewing or overseeing third party lifecycle activities, including inherent risk assessment, due diligence, contractual controls, ongoing monitoring, concentration risk, exit strategy, and issue remediation.
• Operational Risk Check and Challenge: Ability to assess the design and operating effectiveness of controls, identify control gaps, challenge risk ratings, and evaluate the adequacy of action plans and closure evidence.
• Governance and Reporting: Experience preparing, reviewing, and challenging management information, committee materials, risk appetite metrics, issue tracking, and senior management updates.
• Regulatory and Audit Awareness: Knowledge of regulatory expectations (including but not limited to US Interagency Third Party Risk Management Guidance), audit practices, and evidence standards relevant to third party, outsourcing, operational resilience, and operational risk management.
• Strong communication, stakeholder management, and business relationship skills, with the ability to connect technical teams with junior and senior business stakeholders.

BUSINESS / IT SKILLS

• Third Party Risk Management
• Outsourcing Governance
• Risk and Control Assessment
• Governance, Reporting and Escalation
• Issue and Action Plan Management
• Data Quality and Risk Metrics

BEHAVIOURAL SKILLS

• Creativity & Innovation / Problem Solving
• Ability to Deliver / Results Driven
• Ability to collaborate / Teamwork

TRANSVERSAL SKILLS

• Analytical ability
• Ability to develop and leverage networks
• Ability to understand explain and support change
• Ability to manage a project
• Ability to develop and adapt a process
• Ability to conduct a negotiation

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(JerseycityNJ)

Page Range Where Required

(currently California, Colorado, Connecticut, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New York, Rhode Island, Vermont and Washington)

Disclaimer

Kyyba is an Equal Opportunity Employer.

Kyyba does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. Minorities / Females / Protected Veterans / Individuals with Disabilities are encouraged to apply. All employment is decided on the basis of qualifications, merit, and business need.”

It is the policy of Kyyba to provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. The policy regarding requests for reasonable accommodation applies to all aspects of employment, including the application process. If reasonable accommodation is needed, please contact Kyyba at 248-813-9665

Rewards

• 401k
• Term life
• Voluntary life and disability insurance
• Optional Pre-paid legal plan
• Optional Identity theft plan
• Optional Medical and dependent FSA
• Opportunity for advancement
• Long-term assignment with opportunity for hire by client

SELECT AWARDS

• An INC 5000 company for 10 years
• Corp! Michigan Economic Bright Spots
• Crain’s Detroit Business Top Staffing Service Companies in Detroit
• TechServe Alliance Excellence Award- IT and Engineering Staffing & Solutions
• Best of MichBusiness winner in HR Wizards & Partnerships
• Metro Detroit Elite Category: Recruitment, Selection & Orientation for 101 Best & Brightest
• 101 Best & Brightest Companies to Work for in Michigan