Third Party Risk Lead

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. 

 

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance.  401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.  We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

The Third‑Party Risk Management (TPRM) Lead is responsible for executing third‑party risk management activities across a portfolio of vendors, with primary focus on Critical, Very High, and High risk third‑party relationships, in support of the Bank’s Third‑Party Risk Management policies, standards, and program. This role serves as a subject‑matter expert and escalation point within the TPRM team, ensuring complex risk assessments, issues, and remediation activities are executed in alignment with regulatory expectations and Bank standards

 

Salary Range

The salary range for this position is $81,700 - $165,100 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

 

Key Accountabilities

Third Party Risk Management

• Provide guidance and support to business segments on third‑party risk management expectations, requirements, and best practices throughout the third‑party lifecycle.
• Actively support implementation and ongoing execution of the Third‑Party Risk Management (TPRM) Program across the third‑party relationship portfolio.
• Conduct formal third‑party reviews in accordance with TPRM policies, standards, and procedures.
• Identify, document, track, and report third‑party risks and issues through remediation, exception or formal risk acceptance.
• Monitor adherence to corporate standards and expectations throughout the third‑party review process.
• Escalate concerns when risks, issues, or remediation efforts are insufficient or delayed.
• Work cross‑functionally with all lines of business to support a collaborative and effective third‑party review process.
• Support management of the centralized third‑party risk management platform, ensuring accurate, timely, and complete documentation.
• Maintain third‑party records, assessment results, issues, and supporting documentation within the system of record.
• Assist with preparation of management reporting, metrics, and dashboards related to third‑party risk.
• Support the review of third‑party agreements by providing standard contract requirements informed by third‑party risk assessments.
• Assist with internal and external audits, regulatory exams, and independent reviews related to third‑party risk management activities.
• Mentor and provide knowledge‑sharing support to other third‑party risk management team members. 

Other

• Execute special projects and additional assignments as requested to support Third‑Party Risk Management and Enterprise Risk Management objectives.
• Contribute to the ongoing development, implementation, and maturation of third‑party risk management processes, training materials, and support resources.
• Develop and maintain effective working relationships with stakeholders across the Bank to promote collaboration and consistent application of third‑party risk management expectations. 

Key Competencies for Position

People Leadership:

• Coach & Empower Others: Provides timely feedback, support, and guidance to encourage and support associates to accomplish tasks, solve problems, and enhance their professional development.
• Gaining Agreement: Uses appropriate interpersonal styles and techniques to gain acceptance of ideas or plans; modifies one's own behavior to accommodate tasks, situations and individual's involved.

Culture Leadership:

• Communication/Climate Setting: Shares information, maintaining emotional intelligence, tailoring the delivery to the audience, selecting appropriate delivery methods.
• Culture & Values Leadership: Demonstrates Old National's culture in daily interactions and encourages associates to live by our culture and core values.

Execution Leadership:

• Drive and Execution- Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance.
• Establish Plans & Priorities: Ability to determine a course of action and establish a timeframe to complete individual objectives and team goals.
• Performance/Monitoring/Measurement: Focuses on personal and team performance to achieve goals and line of business objectives.
• Accountability: Accepts full responsibility for self and contribution as a team member; follows through on commitments; implements decisions that have been agreed upon; acknowledges and learns from mistakes without blaming others; recognizes the impact of his/her behavior on others.

Qualifications and Education Requirements

• Bachelor’s degree in business, project management, accounting, or related field.
• 6+ years of experience in third‑party risk management, operational risk, audit, or related risk disciplines.
• Demonstrated ability to drive the End-to-End third-party lifecycle. This includes intake/onboarding, due diligence, ongoing monitoring, issue management/remediation and exit planning
• Preferred certifications: CTPRP, CPA, CIA, CISA
• Foundational understanding of risk management concepts, including exposure to policies, standards, and procedures.
• General knowledge of banking operations and technology processes; prior experience in a regulated environment preferred.
• Familiarity with key third‑party risk and regulatory requirements (e.g., GLBA, SOX, PCI, HIPAA) and related compliance expectations.
• Basic understanding of information security, cybersecurity concepts, and technology risks impacting third‑party relationships.
• Strong attention to detail with the ability to analyze information, identify issues, and document risks clearly.
• Ability to manage multiple tasks and priorities in a fast‑paced environment while meeting timelines.
• Effective written and verbal communication skills, including the ability to prepare documentation and support risk reporting.
• Demonstrated ability to work collaboratively and build productive working relationships across teams.
• Proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, and Visio.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. 

 

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. 

 

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

 

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.  Join our team!