Third Party Risk Manager (Green Bay or Milwaukee, WI)
Green Bay, WI 
Posted 27 days ago
Job Description

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Responsible for implementing, offering continuous improvement and providing ongoing management for the bank's Third-Party Risk Management Program in compliance with applicable regulations and industry practices. The incumbent will primarily oversee or lead the Third-Party Risk Management program while offering additional support to other Operational Risk Management programs such as Operational Loss Event Reporting Program, Model Risk Management, Payment Risk Oversight, Incentive Compensation Risk, and other operational risk programs as defined.

The incumbent will maintain appropriate policies, procedures, and reporting while establishing cross-functional partnerships with various Business Lines to ensure strong communication and a consistent application of Program requirements. Additionally, the incumbent will use a logical, risk-based thought process and industry best practice and experience to perform independent analytics and offer effective challenge that will assist management with risk identification, control assessment, root cause analysis, and ongoing monitoring of overall risk and performance. This role will be a liaison with independent testing and regulatory bodies for review and oversight along with support of Senior Risk Management for committee and board reports.

Due to work requirements, candidates must be located within 30 miles of Milwaukee or Green Bay, WI.

We invite you to view the opportunity below.

As a Third Party Risk Manager, you will:

  • Act as the Third-Party Risk Management expert for all Business Lines and support areas; provide objective and independent support, effective challenge, and guidance on Third-Party Risk Monitoring, Procedures, and Programs and risk management practices.
  • Lead team of risk professionals supporting the Operational Risk Management Framework; provide training, development opportunities and professional guidance including risk appetite statements, risk assessments, third-party risk, operational loss, sales practices and incentive compensation risk, and other operational risk as defined.
  • Develop Third-Party Risk Management Framework with supporting policies, procedures, reporting and total programs in accordance with industry and bank requirements; ensure quality implementation, comprehensiveness and value to Business Lines, and continue to strategically advance the Framework in line with organizational needs, scale and regulatory requirements.
  • Remain current with Third-Party Risk regulatory guidance and industry best practices as well as emerging industry-wide risks via public domain, industry-specific organizations, and internal contacts.
  • Provide leadership, tactical support and expert risk advisory on various Business Line and/or Company-wide initiatives; use sound risk-based decision making, experience and judgment in responding to inquiries of moderate to high risk and complexity.
  • Deliver an effective risk management monitoring program through review, analysis, and reporting; collaborating with business lines, third-party relationship managers, and internal contract teams to ensure third-parties perform to expectations and in alignment with contractual obligations.
  • Lead and/or actively serve on corporate governance committees/forums/working groups on behalf of the Risk Management function.
  • The incumbent will be a liaison with independent testing and regulatory bodies for review and oversight along with support of Senior Risk management for committee and board reporting.


  • Bachelor's Degree or equivalent combination of education and experience Audit, Compliance, Risk, Business Administration, Finance, Economics or Accounting. Required


  • 4-7 years Financial services industry with specific senior-level responsibilities related to Operational Risk Management programs and practices; advanced understanding of operational risk, related control frameworks and practices, and existing and pending regulatory requirements. Required
  • Less than 2 years Project Management covering cross-functional projects with proven ability to develop and execute tactical plans. Preferred
  • Less than 2 years Interacting with and influencing leadership. Preferred

Licenses and Certifications

  • Other Various Risk Management Related Certifications Preferred

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.

  • Retirement savings including both 401(k) and Pension plans.

  • Paid time off to volunteer in your community.

  • Opportunities to connect with others through our diversity-focusedColleague Resource Groups.

  • Competitive salaries with professional development and advancement opportunities.

  • Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.

  • Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.Join our community onFacebook,LinkedInandX.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance to individuals with disabilities throughout the application & interview process. Please contactleavesandaccommodations@associatedbank.comif you need an accommodation at any time during the interview process.

Associated Banc-Corp is an Affirmative Action andEqual Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

The employment policy of Associated Banc-Corp, and its subsidiaries and affiliates ("Associated") provides equal opportunity to all persons. We support a diverse and inclusive work environment where colleagues are respected, treated fairly, and given equal opportunities to perform to their fullest potential. We believe it is only with a diverse and inclusive workplace that the organization can truly perform at its best, carry out its vision, and make a difference for the communities we serve.


Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
4 to 7 years
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