Program Manager-Third Party Vendor and Risk Management Job at Prairie Consulting Services, Chicago, IL

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  • Prairie Consulting Services
  • Chicago, IL

Job Description

Job Title: Due Diligence & Issue Management Specialist – Third Party Risk Management

Join our direct client's Third Party Management Office (TPMO) as a Due Diligence & Issue Management Specialist , supporting the execution of a robust third-party risk management program. Reporting to the Due Diligence Lead, you'll work directly with business units and outsourced teams to guide and oversee all stages of the third-party lifecycle—from planning through termination.

This is a central role within the first line of defense , requiring strong leadership, communication, and a deep understanding of third-party risk, regulatory requirements (US or UK), and the Three Lines of Defense model.

What You'll Do:

  • Drive due diligence execution across all lifecycle stages (IRQs, DDQs, monitoring, etc.)
  • Guide business partners through program requirements and risk mitigation
  • Manage escalations, track open issues, and ensure timely resolution
  • Collaborate across teams to maintain quality and compliance

What You Bring:

  • 10+ years of related experience in TPRM
  • Strong organizational, communication, and problem-solving skills
  • Expertise in regulatory frameworks (OCC, FFIEC, PRA, FCA, etc.)
  • A relevant certification (CTPRP or CTPRA) is a plus

Vendors: please do not reach directly.

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