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Third-Party and Operational Risk Management Director - Cincinnati Ohio
Company: Disability Solutions Location: Cincinnati, Ohio
Posted On: 05/07/2024
Position Type : Full time Type Of Hire : Experienced (relevant combo of work and education) Education Desired : Bachelor's Degree Travel Percentage : 5 - 10%Job DescriptionAre you ready to unleash your full potential?-- We're looking for people who are passionate about payments to chart Worldpay's path to being the largest and most-loved payments company in the world.About the team:The Worldpay Enterprise Risk Team works collaboratively with the business and throughout the Company to mitigate risk while supporting responsible growth of the business.-- We're a diverse team with significant positive impact both internally and for our clients.--What you will be doing:The primary responsibility of the Risk team is to support the strategic objectives of Worldpay using your risk management expertise to ensure business objectives are achieved in a responsible and sustainable manner.-- In your role, you will be responsible for establishing the Third-Party Risk Management program for the Company while also supporting key operational risk oversight programs. --Your short-term objectives will include: - Partnering with internal stakeholders throughout the company inclusive of Procurement, Risk, Legal, Compliance, and business partners to define the third-party risk management framework inclusive of risk rating and review methodologies.--
- Defining scalable and efficient business processes and workflows to efficiently assess and tailor assessment activities in alignment with risks posed by the third-party.
- Defining the solution-oriented culture for the third-party risk management program ensuring a customer-centric approach while championing a risk-aware culture.-- ----
- Configuration of supporting technologies to enable third-party review and reporting processes.
- Establishing policy, process, procedural, and reporting documentation to ensure sustainability of the third-party risk management program as well as demonstration to external stakeholders inclusive of global regulatory authorities.--
- Supporting operational risk initiatives as needed.On a day-to-day basis, you will lead numerous initiatives and priorities while partnering with stakeholders across the company to ensure efficiency of third-party intake and review processes and mitigation of risk.-- Significant activities include:
- Partnering with key stakeholders to address complex issues, considering and prioritizing risk-reward decisions
- Communicating effectively and professionally with Executive and Senior stakeholders
- Exercising sound judgment in assessing potential risks
- Monitoring and escalating issues to the relevant stakeholders
- Establishing operational reporting routines with key stakeholders throughout the company inclusive of Legal, Compliance, and business partnersWhat you bring:
- Experience with sound third-party risk management practices including evaluation of risk and controls
- Experience in establishing efficient and scalable third-party risk management programs
- Familiarity and prior interaction with global regulatory agencies
- Ability to effectively prioritize time to support business objectives
- Ability to establish and maintain effective working relationships with stakeholders of all levels
- Effective communication skills and attention to detail
- Unmatched work ethic and strong sense of ownership
- Ability to creatively solve problems and achieve company objectives--Added bonus if you have:
- Knowledge of merchant acquiring services
- Experience of Board level reporting
- Knowledge of local Risk Management requirements--What we offer you:
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