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Associate Third Party Management Operations

Company: Sumitomo Mitsui Banking Corporation (SMBC)
Location: White Plains
Posted on: March 9, 2023

Job Description:

Associate Third Party Management Operations

Job Locations

US-NY-White Plains

Posting Date

2 weeks ago(2/17/2023 1:33 PM)

Career Category




Corporate Title



Fulltime-Regular (Exempt/Non-Exempt)


SMBC is looking for an individual to support the execution of the Third Party Management Operations program. This person will work with other risk functions to develop and implement controls that mitigate third party risks; ensure third party due diligence controls are adequately met; use independent judgment and discretion to identify; analyze and summarize contract and financial risk issues or key points ensuring compliance with Third Party Oversight policies, laws, and regulations; and take the lead in initiatives designed to strengthen the program. The anticipated salary range for this role is between $77,000 and $115,000. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.


Overall support of the Third-Party Management Operations programEnsure the appropriateness of third-party due diligence for each engagementCoordinate with the business and various SME group to conduct due diligence of third partiesProvide status reporting on vendor program metrics to internal business partners, auditors, and regulators.Write risk reports and work with vendors to implement remediation plans and responses.Comprehensive documentation of the identified gaps and related risks to third-party engagementsCultivate and leverage relationships with Information Security, Legal, Compliance, Data Governance, Risk Management and other control functions to accomplish objectivesCreate action plans and work with third parties to implement remediation plans and responsesProvides summary reports and works with business representatives and vendors to implement remediation plans and responsesSupport workstreams related to continuous improvement


  • Excellent interpersonal skills and the ability to work collaboratively across all organizational tiers and build positive working relationships.
  • Three+ years third-party risk management experience
  • Understanding contractual terms negotiation and relationship management skills
  • Ability to develop and maintain internal and external customer relationships
  • Knowledge of third-party end to end workflow tool

Keywords: Sumitomo Mitsui Banking Corporation (SMBC), White Plains , Associate Third Party Management Operations, Executive , White Plains, New York

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