Location
Job Summary
Job Responsibilities:
- Facilitation of the on-time completion of initial and recertification reviews including Third-Party Questionnaires, third-party financial reviews, third-party insurance reviews, summary reports, by risk classification and/or Exclusionary List reviews.
- Complete ongoing Third-Party Risk and Performance monitoring activities including review of third-party performance scorecards by risk classification, BU follow-up, requesting and obtaining key third-party documents such as financial statements, certificates of insurance, and other reports.
- Ensures compliance with applicable federal, state and local laws and regulations. Completes all required compliance training. Maintains knowledge of and adhere to Flagstar’s internal compliance policies and procedures. Takes responsibility to keep up to date with changing regulations and policies.
- Bachelor's Degree required.
- Master's Degree in Business, Risk, or similar preferred.
- 6+ of demonstrated relevant track record of success in managing major third-Party Risk programs in a financial, banking, mortgage originations/servicing or related regulated organization. This includes support of Third Party Risk assessments and various tools within the financial industry (Archer, Rapid Ratings, Coupa, etc).
- 5+ years working directly with regulators (OCC, FDIC, state regulators, etc.). This includes; but is not limited to, working within heightened standards within regulations as a large banking institution within the financial industry and are highly regulated.
- Strong interpersonal, communication, presentation, negotiation skills with strong influencing and persuasive talents.
- Self-motivated, takes initiative and has the ability to effectively organize, multi-task, and prioritize a wide-array of initiatives and consistently deliver timely results.
- Strong working knowledge and experience with OCC, FFIEC and/or other regulatory guidelines and requirements.
- Experience working with a wide variety of client bases both internal and external.
- High integrity and ethics.
- Excellent project management skills.
- Proficient in Microsoft Word, Excel, PowerPoint and Outlook.