Third Party Risk Management Associate at Anchorage Digital - Apr 24

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Third Party Risk Management Associate


Anchorage Digital Jobs · US - Remote · Compliance
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Job Overview

The mission of the Third Party Risk Management Associate role is to support the review and assessment of third party vendors providing services to Anchor Labs.

As a Third Party Risk Management Associate you will:

  • Manage the assessment process for Anchorage Digital Bank (“ADB”) Third Parties, including maintaining the schedule of reviews to be performed, assessing the status of in-progress reviews, analyzing completed questionnaires and assessments, and finalizing the risk review for key stakeholders. You will also have oversight into reporting of fourth parties to the governance committees of ADB.
  • Collaborate across the organization to document and identify all risk mitigation measures associated with third parties, including identifying back-up third parties, strength and/or maturity of the company, and other crucial factors.
  • Independently create and consistently refine summaries, reports, and governance documentation associated with the Third Party Risk Management Program.
  • Manage the Policies and Procedures related to the Third Party Risk Management and Vendor Management programs of the organization. The primary Policy maintained is the Vendor Risk Management Policy. Procedures document the steps taken to fully support the implementation of the Policy and include, but are not limited to: initial and ongoing due diligence procedures, issue management, SLA management and others.

You may be a fit for this role if you have:

  • 3-5 years of direct third party risk management experience at a financial institution
  • TPRM expertise as a whole, with regard to all aspects of risks and services offered, and the ability to build understanding of each third party on an intimate level as the review is performed.
  • Skillfully collaborated with third party and vendor external resources, as well as cross-functional teams such as legal, finance, and information security.
  • A strong analytical skill set and approach, including the ability to analyze due diligence information collected from the Third Party, analysis from internal and external Subject Matter Experts, and information related to the services and products offered by the Third Party. Candidate needs to understand broader implications to assess cross-functional impact across the organization and departments.
  • A creative and curious approach to your work; you’re driven to understand the big picture, yet intensely detail and execution-focused.

Although not a requirement, bonus points if:

  • You have previously worked with the OCC and/or other regulatory bodies.
  • You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)

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Anchorage Digital Overview

Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions. With the first federally chartered crypto bank in the US, Anchorage Digital offers institutions an unparalleled combination of secure custody, regulatory compliance, product breadth, and client service.

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