Director, Third Party Risk Management (Chicago)
The KPMG Advisory practice is at the forefront of transformation, offering excellent opportunities for individuals to advance their careers and expertise with KPMG. Looking ahead, we anticipate continued evolution and success within the practice, fostering both personal and professional development, thereby creating new pathways for growth. In this ever-changing market environment, our professionals must be adaptable and thrive in a collaborative, team-driven culture. At KPMG, our people are our number one priority. With a wealth of learning and career development opportunities, a world-class training facility, and leading market tools, we help our people continue to grow both professionally and personally. If you're looking for a firm with a strong team connection where you can be your whole self, have an impact, advance your skills, deepen your experiences, and have the flexibility and access to constantly find new areas of inspiration and expand your capabilities, then consider a career in Advisory.KPMG is currently seeking a Director in Third-Party Risk Management for our Consulting practice.Responsibilities:Lead and develop the Third-Party Risk Management (TPRM) strategy and roadmap for multiple client engagements, ensuring alignment with regulatory requirements and industry best practices.Design and implement enterprise-wide third-party risk frameworks, and oversee the creation and optimization of governance structures, policies, and procedures.Innovate solutions to enhance KPMG's TPRM service offerings and establish KPIs to measure program effectiveness and maturity.Lead and mentor a team of TPRM professionals, fostering a culture of innovation and continuous improvement across multiple engagements.Build and maintain strong C-suite relationships with client executives, identify new business opportunities, and develop proposals and pricing strategies.Contribute to thought leadership by producing whitepapers, hosting webinars, and presenting at industry events on emerging TPRM trends and technologiesAct with integrity, professionalism, and personal responsibility to uphold KPMG's respectful and courteous work environmentQualifications:Ten years of in-depth understanding of third-party risk domains, including operational, financial, strategic, compliance, reputational, and cyber/information security risks, preferably in a consultingBachelor's degree from an accredited universityExpertise in vendor lifecycle management processes, including onboarding, risk assessment and due diligence, contracting, ongoing monitoring, and offboardingProficiency in risk assessment methodologies, risk scoring models, concentration risk analysis, and fourth-party risk management; familiarity with TPRM technology platforms such as ServiceNow VRM, Archer, ProcessUnity, OneTrust and AravoStrong knowledge of vendor contract management, SLA development, and regulatory requirements, including OCC Bulletin 2013-29, FFIEC guidance, EBA Guidelines, GDPR, CCPA, LGPD and DORAExperience in developing risk appetite statements, tolerance thresholds, and preparing for regulatory examinations and responsesAbility to travel as per need of client up to 50%Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)KPMG LLP and its affiliates and subsidiaries (“KPMG”) complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, KPMG is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year KPMG publishes a calendar of holidays to be observed during the year and provides eligible employees two breaks each year where employees will not be required to use Personal Time Off; one is at year end and the other is around the July 4th holiday. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at Benefits & How We Work.Follow this link to obtain salary ranges by city outside of CA: KPMG offers a comprehensive compensation and benefits package. KPMG is an equal opportunity employer. KPMG complies with all applicable federal, state and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. The attached link contains further information regarding KPMG's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.KPMG recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified that is also of interest to them. Los Angeles County applicants: Material job duties for this position are listed above. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness, and safeguard business operations and company reputation. Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
