Third-Party Risk Management Specialist

Join the company defining what it means to be an Impact Lender!

Mortgages are what we do, but that doesn't define who we are. In 2008, Movement disrupted the industry with the innovative 6-7-1 mortgage process. In 2023, we pioneered again, helping launch Impact Lending – a new category of lending. Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender.

At Movement, we are Impact Lenders. We give 40%-50% of our profits to making an impact in our communities. For us, purpose and people have always come before profit.

Responsibilities:

Responsibilities include leading and managing risk and business stakeholders participating in executing program requirements, both at onboarding and throughout the lifecycle; and ensuring that third parties meet the TPVM program, security, compliance, and reporting guidelines. Ensures all aspects of the assigned functions adhere to the TPVM Policy and Procedures. Influences cross-functional partnerships and develops stakeholder relationships across the organization.

Essential Functions:

• Ensures Third Party Vendor Management policy and procedures, and third-party management software are implemented and completed according to documented requirements.
• Completes vetting on incoming third-party engagements and work with business partners to ensure data and due diligence is complete and accurate and inherent risks are identified and mitigated in accordance with risk appetite.
• Coordinates the distribution of due diligence questionnaires to the third parties, review submitted questionnaires for completeness, ensure risk stakeholders finalize reviews and determine overall residual risk rating.
• Be a strong liaison to ensure that risk stakeholder questions are answered by the business or third party as required. Conduct certain aspects of third-party due diligence not covered by risk stakeholders. Store the artifacts of the third-party oversight process in system of record.
• Implements the business third party risk strategy, ensuring internal teams have resources and processes to support their needs for due diligence, risk assessment and ongoing monitoring, ensuring inherent risks and control gaps are accurately identified and remediated.
• Oversees TPVM training across First Line of Defense including business function, risk stakeholders and Procurement. Collaborate with manager and stakeholders to implement a standard set of training modules and communication materials for different stakeholders.
• Contributes to the development of detailed procedural documents and ensure alignment of TPVM with regulatory requirements including FFIEC, OCC and other applicable regulations
• Identifies, prioritizes, and pursues opportunities to enhance third party vendor management processes and introduce innovative approaches and solutions to optimize efficiency and effectiveness
• Supports the company’s commitment to protect the integrity and confidentiality of systems and data

Qualifications:

• Education and/or experience typically obtained through completion of a bachelor’s degree in relevant discipline.
• Demonstrated experience in third party risk management, operational risk, or other risk management role with knowledge of third-party regulatory requirements.
• Process driven, an excellent communicator and able to develop approaches that scale
• Strong attention to detail and highly results oriented.
• Excellent communication skills and ability to influence and guide others.

The expected salary range for this position is between:

$61,300.00 - $83,000.00

The range for the position in other geographies may vary based on market differences. The actual compensation will be determined based on experience and other factors permitted by law.

We also offer a benefits package that includes:

• Competitive pay

• Benefits Offered: Medical, Dental, Vision, Life, Disability, Critical Care, Hospitalization, HSA, FSA, DCFSA and QTE

• Retirement plan: 401(k) and Roth

• Paid Time Off: 16 days front loaded. Prorated based on the start date month

• 11.5 paid holidays per year

• Employee assistance program

• Excellent career growth opportunity

• Fun, team-focused working environment

• Employee driven community outreach program

• Relocation packages available

The application window is anticipated to close on:

February 17, 2025

We’re definitely not your average mortgage company. When you’re ready to grow your career AND your impact, we’re ready for you. We’re also one of the nation’s top lenders and are redefining corporate culture. We work hard, we have fun, we invest in our people and we make a difference. Sound like a plan? Good. Learn more at www.movement.com.