Manager Vendor Risk

Job Description

Company: Teachers Federal Credit Union

Location: Hauppauge, US

Join Our Team

For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of America’s Best-In-State Credit Unions by Forbes Magazine in 2022, Teachers has grown into one of the leading credit unions in the United States. As we broaden our national reach, we will continue to ensure that Teachers is a Best Place to Bank and a Best Place to Work. Teachers offers a variety of exciting career opportunities ranging from part-time and full-time staffers to executive leadership roles.

Summary:

The Manager will manage corporate wide third-party oversight efforts and is responsible for exercising administrative control, evaluating compliance with policies and standards.

Education and/or Experience:

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Bachelor’s Degree or minimum of eight years of business continuity experience required.

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Minimum five years in a financial service industry required

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Minimum three years of management experience required

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Experience developing procedural documents (workflows, RACIs, SLAs and Job Aids) required

Job Responsibilities:

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Responsible for vendor management process that ensures company and NCUA, FFIEC, business needs and risk acceptance compliance.
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Manages risk management strategy for all new and existing vendors:
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Conducts due diligence analysis and risk assessments on all new and existing third-party vendors and relationships and ensure respective business owners are monitoring, reviewing and mitigating risk associated with service providers.
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Coordinates training, communication, and testing of plans.

• Reviews security assessments of new and existing third-party service providers and ensures they comply with regulatory and audit obligations; including review of controls e.g. SSAE 18/SOC1/SOC2/Pen. Test/ISO27001, and third-party attestations.
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Continuously evaluates the current vendor management program and identify ways to improve it.
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Conducts interviews with new vendors and inform approved vendors of their responsibilities and obligations.
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Performs all duties inherent in the role of a manager

Benefits of Joining the Teachers Team:

We provide a competitive compensation and benefits package that includes, but is not limited to:

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Paid time off for vacation, personal days, and holidays
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Fully-funded pension plan
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401(k) company contribution
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Teachers pays 100% of Dental & Vision premium
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Tuition reimbursement is offered to full-time employees
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Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

The good faith range for this position is $102,850 – 128,550 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.

To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers

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Source: Glassdoor