Third Party Risk Management Officer

Third Party Risk Management Officer
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For many people around the world, basic financial services are still out of reach: about 1.7 billion adults globally remain unbanked. The cost of that exclusion is significant - $25 billion is lost by migrants every year through remittance fees. This is the challenge we're hoping to address with Novi from Meta, whose goal is to provide people everywhere access to safe and affordable financial services. The Novi brand includes our existing and future payments and financial products for both people and businesses. At Novi from Meta, you will be working with a talented and dedicated group of people who are passionate about changing the financial world. Our leadership is experienced and some of the best minds working today in their respective fields. Effective management of strategic third parties of goods and services is an integral component of Novi’s ability to maintain its operational requirements and satisfy its regulatory obligations. Our team is looking for a strong Third Party Risk Manager who will assist in the continued design and implementation of our global end-to-end Third Party Risk Management (TPRM) program. You will support the strategy and implementation of the central program that will be the foundation for managing the risks as it relates to third parties.
Third Party Risk Management Officer Responsibilities
  • Assist in maintaining the TPRM framework and processes
  • Assess and monitor the TPRM lifecycle activities (risk assessment & due diligence, contract negotiation, ongoing monitoring and termination), providing guidance to Business Relationship Owners, Client Audit teams and other risk partners
  • Maintain and contribute to a comprehensive inventory of third parties, including risk rating and ongoing monitoring status
  • Oversee certain TPRM initiatives and assist in the integration of Novi Corporation entities/affiliates into the program
  • Lead the continued deployment of the TPRM module within the Novi GRC tool
  • Drive integration of the TPRM processes into the business and other risk verticals to extend the program to these and other areas
  • Communicate complex process or third party issues and champion resolution
  • Prepare third party risk reports, key program metrics and other internal program reports/updates
  • Monitor and assess supplier performance to ensure compliance with the TRM program, regulatory requirements and service level agreements
  • Work with business owners to document the appropriate corrective action plans to reduce un-remediated risks
  • Stay up-to-date on the third-party regulations applicable to Novi and risk management frameworks and trends
  • Perform other duties and responsibilities within the TPRM program as required or assigned
Minimum Qualifications
  • 5+ years of relevant experience in Risk Management, Technology Risk, IT Audit, or other similar risk consulting or internal control functions (e.g. internal audit, compliance, fraud mitigation, etc.)
  • Bachelor's degree or equivalent experience in Risk Management
  • Experience critically and objectively analyze problems and facilitate solution
  • Experience in compliance, risk assessments, investigations or other forensic review, or experience as external auditor including internal controls design and implementation testing
  • Knowledge of third-party risk management within the Financial Services industry
  • Experience working hands-on with cross-functional teams legal, procurement, strategy teams, information security, business continuity, privacy experts, and IT engineering engineers in assessing processes, risks and controls
  • Experience communicating with cross functional groups such as internal clients, vendors as well as Senior Management
  • Proficiency in Microsoft Office applications/Google Suite products as well as common GRC or Vendor Management tools/systems
Preferred Qualifications
  • Experience with Enterprise, IT/Technology Risk, or Operational Risk roles
  • Experience working with geographically distributed teams within a global organization
  • Experience designing and implementing risk management programs or processes from the ground up
  • Knowledge of blockchain-based systems
  • Experience to work independently with little direction and/or supervision
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About Meta
Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. People who choose to build their careers by building with us at Meta help shape a future that will take us beyond what digital connection makes possible today—beyond the constraints of screens, the limits of distance, and even the rules of physics.
Meta is committed to providing reasonable support (called accommodations) in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions or sincerely held religious beliefs, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to accommodations-ext@fb.com.
(Colorado only*) Estimated salary of $145,000/year + bonus + equity + benefits
*Note: Disclosure as required by sb19-085(8-5-20)
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