Third Party Risk Management Lead

Jobtailor; New Jersey; On-site; USD 140,000 - 170,000; Full time

Job summary

Jobtailor is seeking an experienced professional to implement and oversee the Global Third Party Risk Management (TPRM) framework across North America, ensuring alignment with enterprise policies and reporting. You will manage onboarding, due diligence, reviews, renewals, and terminations while monitoring compliance and escalations as needed.

You will collaborate with Legal, Compliance, Risk, Finance, Procurement, IT, and Operations to ensure documentation, performance monitoring, and issue

Qualifications

• 10+ years of experience in contract administration, vendor management, procurement operations, third-party governance, or related roles.

Responsibilities

• Implement and support the Global Third Party Risk Management (TPRM) framework across North America, ensuring alignment with enterprise policies, standards, tools, and reporting requirements
• Oversee third-party governance activities across the full lifecycle, including onboarding, due diligence, ongoing reviews, renewals, and terminations
• Monitor regional third-party compliance with internal policies, governance standards, and applicable regulatory requirements, escalating operational, compliance, contractual, or vendor risks as needed
• Maintain governance trackers, dashboards, and reporting to provide visibility into the regional third-party portfolio, risk status, compliance obligations, and key milestones
• Partner with business owners, contract owners, and cross-functional teams including Legal, Compliance, Risk, Finance, Procurement, IT, and Operations to ensure timely documentation, performance monitoring, and issue resolution
• Identify process improvement opportunities, strengthen controls and documentation, and support training, audit, regulatory, and stakeholder communication activities related to third-party oversight

Skills

Third Party Risk Management

Contract Lifecycle Administration

Vendor Governance

Regulatory Compliance

Stakeholder Communication

Analytics

Process Improvement

Risk Assessment

Cross-Functional Collaboration

Education

Bachelor’s degree or equivalent experience

Tools

Microsoft Office

Contract Lifecycle Tools

Procurement Tools

Workflow Tools

Job description

• Implement and support the Global Third Party Risk Management (TPRM) framework across North America, ensuring alignment with enterprise policies, standards, tools, and reporting requirements
• Oversee third-party governance activities across the full lifecycle, including onboarding, due diligence, ongoing reviews, renewals, and terminations
• Monitor regional third-party compliance with internal policies, governance standards, and applicable regulatory requirements, escalating operational, compliance, contractual, or vendor risks as needed
• Maintain governance trackers, dashboards, and reporting to provide visibility into the regional third-party portfolio, risk status, compliance obligations, and key milestones
• Partner with business owners, contract owners, and cross-functional teams including Legal, Compliance, Risk, Finance, Procurement, IT, and Operations to ensure timely documentation, performance monitoring, and issue resolution
• Identify process improvement opportunities, strengthen controls and documentation, and support training, audit, regulatory, and stakeholder communication activities related to third-party oversight

Requirements

• 10+ years of experience in contract administration, vendor management, procurement operations, third-party governance, or related roles
• Experience in insurance, financial services, or another regulated industry preferred
• Strong knowledge of contract lifecycle administration, vendor governance, and tracking of SLAs, renewals, contractual obligations, and governance deliverables
• Demonstrated ability to manage multiple agreements, deadlines, and stakeholder groups in a fast-paced environment with strong organization and attention to detail
• Excellent communication, analytical, and problem-solving skills, with the ability to work cross-functionally, build partnerships, and recommend process improvements
• Bachelor’s degree or equivalent experience preferred; proficiency in Microsoft Office and experience with contract lifecycle, procurement, or workflow tools preferred, with ongoing professional development considered a plus

Core Competencies

Expertise in Third Party Risk Management, including contract lifecycle administration and vendor governance, with a strong focus on compliance, process improvement, and cross-functional collaboration.

Highest-signal resume keywords

• Third Party Risk Management
• Contract Lifecycle Administration
• Vendor Governance
• Regulatory Compliance
• Stakeholder Communication

ATS Optimization Keywords

Hard Skills

• Contract Administration
• Vendor Management
• Procurement Operations
• Governance Tracking
• SLA Management
• Risk Assessment
• Process Improvement

Soft Skills

• Analytical Skills
• Problem-Solving Skills
• Organizational Skills
• Attention to Detail
• Communication Skills

Industry Keywords

• Insurance
• Financial Services
• Regulated Industry
• Compliance Standards

Tools & Technologies

• Microsoft Office
• Contract Lifecycle Tools
• Procurement Tools
• Workflow Tools