Senior Third-Party Risk Manager

Alero Financial; Elgin (IL); On-site; USD 121,000 - 151,000; Full time

Benefits offered by this job

PTO

401(k) match

Profit sharing

Tuition Reimbursement

Pet Insurance

Job summary

Alero Financial in Illinois is seeking a Third Party Risk Manager to oversee the Credit Union’s TPRM program under the direction of the First Vice President, Enterprise Risk Management. You will manage day-to-day operations, develop governance processes, and advise on risk across third-party relationships.

The role emphasizes policy development, stakeholder collaboration, and compliance with federal/state laws while aligning with Alero’s risk framework and strategic objectives.

Qualifications

• Bachelor’s degree in Finance, Accounting, or a related Business Management field.
• Sponsor banking and/or fintech experience preferred.
• Minimum of seven years of credit union or bank experience supporting the TPRM function.

Responsibilities

• Plan, direct, and lead the day-to-day operations of the TPRM Program under executive direction.
• Act as a SME to internal and external stakeholders on third-party risk matters.
• Foster stakeholder relationships across business lines to enable collaboration.
• Develop and mature TPRM policy, procedures, and governance processes.
• Communicate with senior management to support a robust risk program.
• Review third-party relationships and assess risk and compliance.
• Coordinate risk assessments and reporting to ERM and executives.

Skills

Stakeholder relationships

Leadership

Project management

SME in TPRM

Data-driven insights

Education

Bachelor’s degree in Finance/Accounting/Business Management

Tools

SOC/SSAE 18 reports

User Entity Controls

Contract language & terms

Data security

Job description

Alero Financial in Illinois is seeking a Third Party Risk Manager to oversee the Credit Union’s TPRM program under the direction of the First Vice President, Enterprise Risk Management. You will manage day-to-day operations, develop governance processes, and advise on risk across third-party relationships.

The role emphasizes policy development, stakeholder collaboration, and compliance with federal/state laws while aligning with Alero’s risk framework and strategic objectives.