Third Party Risk Oversight Officer, Vice President

Role Overview

• Product ownership and strategy: Set and drive the strategic roadmap for Credit Bureau Management (CBM) tools, vendor oversight processes, and bureau data controls.
• Own the long‑term vision for bureau and credit‑data oversight, including integration capabilities, data quality controls, bureau governance workflows, and reporting frameworks.
• Translate regulatory guidance (e.g., FCRA) and credit risk requirements into actionable user stories, control enhancements, and bureau‑related process improvements.
• Prioritize bureau‑related initiatives balancing regulatory commitments, credit strategy needs, and enterprise risk impacts.
• Oversee risk assessment lifecycle for third-party vendors, including inherent risk assessments, due diligence (financial, operations, cyber, data privacy, model risk), and ongoing monitoring and periodic reviews.
• Ensure critical and high
• risk vendors undergo enhanced oversight and governance.
• Maintain a risk-tiered vendor inventory aligned with consumer credit risk exposure.
• Oversee contract terms with credit bureaus and credit‑data providers
• Oversee bureau and data‑provider performance against SLAs, KPIs, data accuracy metrics, and error rates.
• Identify systemic data quality issues, matching failures, or bureau response inconsistencies and lead enterprise corrective actions.
• Represent Bureau Management in critical risk committees, credit governance forums, and enterprise third‑party oversight bodies.
• Build strong partnerships with: Credit Risk leadership Compliance (FCRA/UDAAP) & Legal Data Governance & Data Quality Procurement & Vendor Management Technology & Consumer Operations
• Deliver transparent reporting on bureau performance, data accuracy trends, and bureau‑related risk insights to senior leadership.

Requirements

• 6-10 years of experience in Risk management, third-party risk, vendor risk/management or credit risk with a large financial institution
• US banking regulatory expectations
• Prior experience operating with consumer credit risk or closely related risk domains
• Extensive background in managing critical suppliers and regulated third-party relationships.
• Experience acting as a risk/process oversight owner or leading risk platforms, frameworks, or governance models.
• Bachelor’s degree in related fields.
• Working knowledge of Vendor relationship management / Vendor risk management/ TPRO highly preferred.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages including planned time off (vacation), unplanned time off (sick leave), and paid holidays