TPRM Program Lead for Banking Risk & Compliance

WSFS Bank

United States

On-site

USD 77,000 - 127,000

Full time

6 days ago
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Benefits offered by this job

Medical Insurance
Dental Insurance
Vision Insurance
401(k) Plan
Life Insurance
Disability Insurance
FSAs
HSAs
Wellness Program
Paid Time Off
Paid Holidays

Job summary

WSFS Bank is seeking a mid-level Third-Party Risk Management Program Administrator to oversee the lifecycle of third-party relationships, conducting due diligence, monitoring risk, and ensuring regulatory compliance within a regulated banking environment.

The role partners with Legal, Procurement, Risk, Compliance, and Information Security to review contracts, assess risk, and drive remediation actions while supporting audits and reporting on program effectiveness.

Qualifications

  • Bachelor’s degree in business, Finance, Risk Management, or a related field.
  • Minimum 3 years of experience in vendor management, third-party risk management, procurement, compliance, or related field, preferably within banking or financial services.
  • Experience in regulated banking or financial services environment preferred.
  • Knowledge of third-party risk management frameworks and regulatory expectations (OCC, FDIC, FFIEC) preferred.
  • Experience reviewing and redlining vendor contracts with risk and compliance provisions.
  • Strong due diligence and risk assessment methodologies understanding.
  • Excellent analytical, organizational, and problem-solving skills.
  • Ability to manage multiple priorities in a fast-paced, regulated environment.
  • Strong communication and stakeholder management skills.

Responsibilities

  • Manage end-to-end Third-Party lifecycle: onboarding, risk assessment, monitoring, offboarding.
  • Conduct and review third-party risk assessments across multiple domains.
  • Coordinate third-party due diligence, including financial reviews and security considerations.
  • Collaborate with Legal and Procurement to review and manage vendor contracts with regulatory provisions.
  • Serve as RFP partner by providing guidance to business lines.
  • Monitor third-party performance, risk ratings, and remediation of gaps.
  • Ensure compliance with banking regulations and guidance (OCC, FDIC, FFIEC, GLBA, FFIEC).
  • Support audits and regulatory exams with documentation of compliance.
  • Maintain accurate third-party records and risk assessments.
  • Develop and deliver reporting on third-party risk and program effectiveness.
  • Collaborate with Risk, Compliance, Legal, Information Security, and business stakeholders.

Skills

Analytical skills
Organizational skills
Problem-solving
Communication skills
Stakeholder management
Due diligence
Risk assessment
Regulatory knowledge (OCC/FDIC/FFIEC)
Vendor contract review
Attention to detail

Education

Bachelor’s degree in business, Finance, Risk Management, or a related field

Tools

TPRM systems

Job description

WSFS Bank is seeking a mid-level Third-Party Risk Management Program Administrator to oversee the lifecycle of third-party relationships, conducting due diligence, monitoring risk, and ensuring regulatory compliance within a regulated banking environment.

The role partners with Legal, Procurement, Risk, Compliance, and Information Security to review contracts, assess risk, and drive remediation actions while supporting audits and reporting on program effectiveness.

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