freehire launches on Product Hunt on 26 August.

Follow →

Third-Party Risk Management Operations Associate 3638200 (Jersey City, NJ)

Open 29d
This position is no longer accepting applications(closed Aug 20, 2026).

Summary

Coordinates third-party risk assessments and operational processes for a global financial institution, working across procurement, risk management, and vendor relationships in a regulated environment.

Be Part Of A High-Performing Team

Join the third-party management organization of a global financial institution where strong risk discipline supports safe, efficient business growth. This team sits within Procurement Operations and works directly with business owners and third-party providers to assess vendor relationships, identify inherent risk, and ensure appropriate due diligence is completed throughout the third-party lifecycle.

The environment is collaborative and fast-moving, with a strong emphasis on sound judgment, practical problem-solving, stakeholder partnership, and continuous process improvement. This role will join a small team where individual contributors are expected to understand their own workflow while also appreciating the upstream and downstream effects of third-party risk decisions.

What's In Store For You

  • Engagement: W2 only (no C2C/1099)
  • Hybrid: Jersey City, NJ or White Plains, NY.
  • Expected onsite presence is generally one day per week, with occasional second days depending on team needs.
  • Opportunity to deepen expertise across the full third-party risk lifecycle, including exposure beyond the role's primary inherent-risk responsibilities.
  • Opportunity to improve existing processes, documentation, metrics, and workflow efficiency.
  • The work is ongoing operational work rather than a finite implementation project, creating the potential for longer-term need beyond the initial contract period, although extension is not guaranteed.

How You Will Make An Impact

  • Guide internal business owners through inherent risk assessments for new and existing third-party relationships.
  • Review business responses critically and challenge information that appears incomplete, inconsistent, or misaligned with the vendor's actual services and risk profile.
  • Assess vendors based on factors such as services provided, data exposure, operational importance, and other relevant inherent-risk considerations.
  • Coordinate the progression of vendors through third-party risk and due-diligence workflows.
  • Use enterprise GRC platforms to document assessments, track activities, manage workflow, and support risk classifications.
  • Partner with business stakeholders, vendors, and adjacent risk teams to keep assessments moving within expected timelines.
  • Manage periodic reviews and other recurring third-party management activities as needed.
  • Follow established escalation protocols when business owners or vendors do not complete required activities.
  • Create and refine practical procedures, guidance documents, and job aids that make repeatable processes easier for the broader team.
  • Identify opportunities to simplify workflows, improve metrics, reduce unnecessary steps, and strengthen the overall third-party management process.

Are You an Experienced Third-Party Risk Professional Ready to Make an Impact?

  • Approximately 5–7 years of relevant experience, with more experienced candidates considered when their background closely matches the role.
  • Prior experience working within a bank or financial institution is required.
  • Hands-on experience with third-party risk management, vendor risk management, vendor due diligence, or third-party management operations.
  • Practical experience performing or supporting inherent risk assessments.
  • Ability to assess and challenge business-owner responses rather than simply process information administratively.
  • Experience with a GRC platform such as ProcessUnity, MetricStream, Coupa, Archer, or a comparable risk-management system.
  • General familiarity with the U.S. banking regulatory environment, including organizations such as the Federal Reserve, OCC, and FDIC; deep regulatory expertise is not required.
  • Strong Excel skills and comfort working with structured data and workflow information.
  • Strong time-management skills and the ability to handle multiple active assessments in a volume-driven environment.
  • Excellent communication and relationship-management skills, including the diplomacy to work effectively with demanding stakeholders.
  • Strong initiative, curiosity, and willingness to question processes and suggest improvements.
  • Experience writing procedures, guidance documents, or operational instructions is highly valued.
  • A specific degree is not required when the candidate's professional experience clearly demonstrates the necessary expertise.

See also

Tailor your CV for this role?

We couldn't check your fit for this role — add a CV to your profile to see it next time.

A new version of freehire is available