Team Overview: 

We are seeking an experienced member to join our team in Third Party Risk Management (TPRM). This is part of Edward Jones' (EDJ) Sourcing organization and manages the risks associated with EDJ's use of and reliance upon Third Party relationships across all business lines. 

The Senior Risk and Control Associate is responsible for executing the Firms TPRM program by evaluating, monitoring, and managing risks associated with Third Party Service Providers in alignment with the Firm’s strategic objectives and in compliance with applicable laws, rules, regulations, and legal agreements. This includes overseeing strategic and complex due diligence and risk mitigation efforts with cross-functional teams (e.g., Sourcing, Legal, Cyber, Privacy and Business Resilience) and collaborating with business stakeholders across the Firm.  

What You Will Do:  

Responsible for working directly and indirectly with Supplier Relationship Owners (SRO), Sourcing and/or other stakeholders to assess the inherent risks associated with using a product or service.  

Lead initial and ongoing Due Diligence to assess whether Third Party Service Providers are capable of (1) providing the product or service, (2) complying with applicable laws, rules, regulations, and Firm policies and (3) demonstrating effective risk management. 

Collaborate with cross-functional teams to identify risk outside the firm’s risk appetite and communicate them to SRO’s and Leadership.  

Help drive continuous improvement efforts in alignment with direction provided by leadership and industry standards.  

Coordinate with colleagues across departments (e.g., Cyber, Business Resilience, Model Risk, etc.) to assess existing and emerging risks related to the use of Third Party Service Providers 

Assist in the update and rollout of policies, standards and procedures in response to evolving risks, threats, and regulations.  

Perform analysis and prepare materials for Senior Leaders, Division Risk Groups and Enterprise Risk Management.  

Provide education of Third Party Risk Management processes and procedures to Business Stakeholders.  

Support the TPRM program governance framework, including risk assessments, audits, and reporting.  

Support the rollout (e.g., prioritize, test, communicate) of enhancements to the Third Party Risk Management Tool.  

Stays informed on risk industry and educational/development opportunities.