Senior Third-Party Risk Manager

LPL Financial; Fort Mill (SC); On-site; USD 80,000 - 133,000; Full time

Benefits offered by this job

401K matching

Health benefits

Employee stock options

Paid time off

Volunteer time off

Job summary

LPL Financial seeks a Senior Specialist of Third-Party Risk Management to partner with internal stakeholders in regulating third-party relationships and overseeing risk through inherent risk, performance management, and replacement plans. The role emphasizes documentation, risk ratings, and governance across the vendor lifecycle.

Requirements include a bachelor’s degree and 5+ years in risk management, with knowledge of information security and procurement.

Qualifications

• Bachelor’s degree and 5+ years relevant experience with focus in Risk Management
• Knowledge of information security, resiliency, and risk controls
• Knowledge of Third-Party Risk Management or Procurement functions
• MS Office skills including Excel, Word and PowerPoint
• Experience with financial services or other highly regulated industries

Responsibilities

• Build strong relationships with internal stakeholders through regular meetings to share risk insights and promote third-party risk management best practices to mitigate risk and improve value.
• Support stakeholders in accurately documenting third-party services, use cases, internal stakeholder ownership, and risk ratings through inherent risk intake forms.
• Assist internal stakeholders with the completion of ongoing third-party performance management activities, including documenting changes, roadblocks, SLA adherence, and operational performance.
• Support stakeholders document third-party transition and replacement plans, ensuring dependencies and strategies are clearly defined.
• Maintain an accurate inventory of third-party relationships, including services provided and responsible internal owners.
• Collaborate with internal stakeholders to resolve risks identified through the third-party risk management processes.
• Update and maintain internal team procedures and organizational training materials to support third-party risk management standards.
• Drive the completion of jurisdictional risk assessments by partnering with cross-functional teams, providing guidance, and escalating material risks to senior leadership.
• Contribute to special projects and maintenance of operational process solutions to strengthen the firm’s third-party risk management practices.

Skills

Interpersonal skills

Written and verbal communication

Organizational skills

Analytical skills

Attention to detail

Problem solving

Education

Bachelor’s degree

Tools

OneTrust

MS Excel

MS Word

PowerPoint

Job description

LPL Financial seeks a Senior Specialist of Third-Party Risk Management to partner with internal stakeholders in regulating third-party relationships and overseeing risk through inherent risk, performance management, and replacement plans. The role emphasizes documentation, risk ratings, and governance across the vendor lifecycle.

Requirements include a bachelor’s degree and 5+ years in risk management, with knowledge of information security and procurement.