GREEN DOT: Third Party Risk Management Coordinator

The Third-Party Risk Management Coordinator plays a crucial role in ensuring that external vendors, suppliers, and partners adhere to company policies and regulatory requirements. This position requires a keen eye for detail, strong organizational skills, and the ability to assess and mitigate risks effectively. The coordinator will support risk management processes, maintain documentation, and collaborate with internal teams to ensure compliance.

Key Responsibilities:

• Conduct thorough reviews of third-party agreements and risk assessments.
• Perform reputational and financial risk reviews.
• Assist in monitoring third party compliance with company policies and industry regulations.
• Maintain and update TPRMs system of record, ensuring data accuracy and completeness.
• Identify potential risks and escalate concerns to senior risk management personnel.
• Collaborate with Subject Matter Experts (SMEs) and internal stakeholders (e.g., Procurement, BSA/AML, Information Security, Legal, Compliance ) to evaluate third party profiles and ensure appropriate controls are in place.
• Track and report on risk assessment status, issues , and remediation efforts to relevant stakeholders,
• Support audits and assessments related to third-party risk management.
• Stay informed about regulatory changes and industry best practices.