Third-Party Risk Management Manager

Univest; Souderton (Montgomery County); On-site; USD 90,000 - 125,000; Full time

Benefits offered by this job

Health Insurance

401(k) Plan with employer match

PTO 20 days

Holiday time off

Tuition reimbursement

Job summary

Univest is seeking a Third-Party Risk Management Manager to oversee the enterprise TPRM program, aligning vendor risk with regulatory and security standards. The role collaborates with business leaders, risk teams, and stakeholders to conduct due diligence and ongoing monitoring.

The ideal candidate has 5–7 years of vendor risk experience, proficiency with Ncontracts, and leadership ability to guide junior staff while ensuring compliance and operational resilience across the organization.

Qualifications

• Bachelor’s degree in business or related field.
• 0,
• 5-7 years’ progressive direct experience in third-party risk management or related field, preferably in financial services.
• • Experience implementing an enterprise TPRM program.
• • Experience with Ncontracts or similar vendor management software.
• • Ability to supervise junior staff.

Responsibilities

• Own and administer the enterprise TPRM program, including policies, procedures, vendor tiering, and lifecycle.
• Demonstrate leadership by coordinating with third parties, business owners, sponsors, and compliance in meeting TPRM requirements.
• Perform due diligence on providers by reviewing financial statements, insurance, regulatory reports, and SOC reports.
• Conduct ongoing monitoring of providers to ensure alignment with the TPRM standards.
• Manage documentation related to vendor reviews and due diligence in the system.
• Monitor changes in laws and guidance affecting the TPRM program.
• Publish monthly status reports on program activities.

Skills

Vendor risk management

Regulatory compliance

Stakeholder communication

Leadership

Risk assessment

Education

Bachelor's degree in business or related field

Tools

Ncontracts

Microsoft Office

Job description

Overview

Join

Overview

Join Univest as a Third-Party Risk Management Manager and play a key role in strengthening our enterprise vendor risk program. In this role, you’ll oversee third-party risk management processes, partner with business leaders and risk teams, conduct due diligence and ongoing monitoring, and help ensure vendors meet Univest’s standards for compliance, security, and operational resilience. This is a great opportunity for a detail-oriented risk professional who enjoys leading programs, collaborating across the organization, and making a meaningful impact in a financial services environment.

Responsibilities

• Own and administer the enterprise TPRM program, including policies, procedures, vendor tiering, and vendor lifecycle.
• Demonstrate leadership skills by working closely with third parties, business owners, executive sponsors, and compliance, legal, and other risk management functions in fulfilling TPRM requirements; includes aligning the program with procurement processes, information security, privacy, artificial intelligence, and business continuity requirements and policies
• Perform due diligence on providers by reviewing financial statements, insurance, regulatory and compliance reports, and SOC reports.
• Conduct ongoing monitoring of existing providers to ensure the risk profile continues to meet the standards of the TPRM program.
• Manage and maintain all documentation, including contracts and risk assessments, related to vendor reviews and due diligence activities in the system.
• Monitor changes in applicable laws, regulations, and supervisory guidance to assess impacts and needed enhancements to the TPRM program.
• Publish monthly status reports on program activities.
• Serve as the TPRM contact for regulatory examinations and internal and external audits.
• Guide the TPRM function and junior staff by providing advice and constructive feedback; monitoring compliance with policies and procedures; and conducting quality reviews of work product
• Assist CRO, CCO, and other stakeholders with regular review and revision of program policies and procedures.
• Accountable for compliance with laws and regulations that apply to this position including the Univest Code of Conduct.
• Perform other duties and projects as assigned.

Qualifications

• Bachelor’s degree in business, risk management, information security, or a related field; or an equivalent combination of education and work experience.
• 5-7 years’ progressive direct experience in a third-party (vendor) risk management, procurement risk, operational risk, or information security risk, or similar oversight role; preferably in a financial services environment.
• Demonstrated experience implementing and administering an enterprise TPRM risk program.
• Experience with Ncontracts or similar vendor management software.
• Ability to supervise junior staff members.
• Strong time management, organizational, evaluative, communication, and critical thinking skills.
• Ability to work autonomously.
• Relevant professional certification, such as CTPRP, CTPRA, CBVM , CRVPM, or a comparable credential preferred.
• Intermediate to advanced level skills in Microsoft Office, especially Outlook, Word, Excel, and Teams.

Wage Range

The salary for this position ranges from $90,000 to $125,000

Benefits Overview

Univest offers a comprehensive benefits package that includes:

• Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date)
• Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment
• Paid Time Off (PTO): 20 days annually
• Short Term Disability: 12 weeks of sick time with a doctors note after 6 months of service
• Holiday Time Off: 11 paid holidays
• We offer company paid life insurance: as well as other supplemental insurances
• Tuition reimbursement
• Employee Wellness programs: including fitness club discounts and fitness tracker discounts/ annual reimbursement
• Discounts: on loan products
• Professional development trainings

An Equal Opportunity Employer. Univest does not discriminate against any applicant for employment because of race, color, religion, religious creed, ancestry, national origin, age, sex, disability or protected veteran status.