Third Party Risk Specialist

A Career with Point72’s Operational Risk Team
The Operational Risk Team at Point72 is responsible for identification, monitoring, and reporting of operational risk across the firm. Our growing and motivated team evaluates and strengthens the firm’s operational risk profile through execution of value-creating, cross-functional initiatives, and support of the strategic growth process of the firm relating to operational risk, including portfolio management and private investment activities. The group reports to the Chief Administrative Officer and engages with other senior leaders to highlight and make recommendations to mitigate operational risks associated with internal and external opportunities. We also partner closely with other risk-minded professionals on business continuity and resilience, enterprise risk, and business process reengineering activities.

  
What you’ll do

• Assist the Third-Party Risk Manager in implementing a vendor lifecycle process globally across Point72 to sufficiently mitigate risk and performing risk and control assessments
• Support vendor due diligence activities
• Play a key role in managing the third-party risk management system and help drive automation of processes and reporting
• Develop and maintain relationships with internal stakeholders and service providers through regular touchpoints
• Assist in writing policies, setting standards, and building frameworks for the administration of a robust and informative vendor risk monitoring and reporting program
• Support other team members in their efforts pertaining to operational risk management and business resiliency when required
• Partner closely with Compliance, Information Security, Procurement, and other internal groups

What we look for
We’re looking for an experienced risk management professional that embodies the qualities essential to our team and our firm. Specifically, someone who is:

• Strategic: a risk-focused, value-add approach to continually improve processes
• Personable: able to develop and maintain relationships with internal partners and third parties to gain insight into risks that are not immediately clear and to reach into downstream vendors
• Innovative: excellent critical thinking skills that lead to finding new, better ways of doing things, making positive changes, and quickly adapting to changing processes, priorities, and ideas
• Detail oriented / analytical: can keep track of multiple projects and work through abstract issues in an organized and efficient manner
• Integrous: honest, direct, unbiased, and ethical with the ability to partner closely with Compliance
• Curious: interested to understand the prevailing issues to achieve the optimal outcome

What’s required

• Bachelor’s degree
• 5+ years of experience working with vendors
• 2nd line experience encompassing governance, policy, and framework building
• Commitment to the highest ethical standards

We take care of our people
We invest in our people, their careers, their health, and their well-being. When you work here, we provide:

• Private Medical and Dental Insurances
• Generous parental and family leave policies
• Volunteer Opportunities
• Support for employee-led affinity groups representing women, people of color and the LGBT+ community
• Mental and physical wellness programs
• Tuition assistance
• A 401(k) savings program with an employer match and more 

About Point72

Point72 Asset Management is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide. Resting on more than a quarter-century of investing experience, we seek to be the industry’s premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry’s brightest talent. We’re inventing the future of finance by revolutionizing how we develop our people and how we use data to shape our thinking. For more information, visit www.Point72.com/working-here.

The annual base salary range for this role is $140,000 - $160,000, which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.