Tracking Code 1165-948
EAGLEBANK OVERVIEW :
Eagle Bancorp, Inc. headquartered in Bethesda, MD, was
incorporated in 1997 to serve as the bank holding company for
EagleBank. Eagle Bancorp is a publicly traded company under the
symbol EGBN . EagleBank commenced banking operations on July 20,
1998, and currently operates 20 banking offices: six in Suburban,
Maryland, five located in the District of Columbia; and nine in
Northern Virginia. The Bank was founded to specifically address the
business and personal needs of local business owners. It has been
answering and exceeding those needs for over 20 years, providing
custom financial solutions, local access to senior management,
quick response, local decision-making, and a deeply-rooted
dedication to the local community.
Our Mission is to be the most respected and profitable community
bank by putting relationships first to the delight of our
customers, employees, and shareholders, and relentlessly deliver
the most compelling service and value. Eagle Bank’s Values are:
Relationships F·I·R·S·T : Flexible, Involved, Responsive, Strong,
and Trusted .
GENERAL SUMMARY :
Responsible for developing, implementing, administering,
training, maintaining and annually assessing all aspects of the
bank-wide Contract and Vendor Management Program. This is a
critical area of risk to the bank given its reliance on third
parties in providing its products and services. Provide knowledge
leadership, coordination and support in the identification,
assessment and mitigation of risks in order to minimize their
impact to the bank.
MAJOR DUTIES AND RESPONSIBILITIES :
Plan, build, run and manage the governance and framework
supporting third party risk management.
Promote bank-wide understanding of third party risks through the
management and administration of the bank-wide contract management,
due diligence and risk management program, including third party
criticality, risk assessment, updating of policies and procedures,
monitoring, training and reporting to senior management and the
Board of Directors.
Support business units in the due diligence processes, risk
assessment and contract negotiation. Collaborates with the
departments and key individuals around the organization and at all
levels to coordinate activities and acts as consultant on the
process of completing required timely contract review
documentation. Oversees and works with the contract owner to ensure
the appropriate documentation is collected and exceptions are
memorialized. Verifies assigned Risk Rating on contract submissions
and renewals for all vendors to ensure accurate and consistent risk
ratings within the bank’s risk guidelines and to ensure that the
appropriate due diligence is be performed.
Reviews, maintains and ensures accuracy and files for all of the
banks contracts in the vendor management system. Notifies the
business owner of the contract renewal period, ensures contract
negotiated in a timely manner to minimize service interruption and
follows up until action is completed. Reviews contracts and
facilitates contract review as required by Bank policy.
Implement, manage and maintain systems supporting program
Coordinate and provide collaboration with SMEs (Subject Matter
Experts) on risks.
Research issues and respond to questions from bank personnel,
utilizing legal and regulatory reference materials, professional
associations, firms and organizations as appropriate.
Manage relationships with third-parties supporting the program
Stay abreast of regulatory matters and best practices involving
areas of responsibility. Participate in, and prepare for,
regulatory examinations and internal audits and assist in preparing
responses to exams and audits.
Provide support in in other risk management programs and
responsibilities (e.g. business resiliency, information security),
as needed, including other duties as assigned.
Required Skills Required education/experience:
Bachelor’s Degree in Business, Finance, Mathematics, Economics
or related field
7 years of proven experience in developing and managing
operational risk policies and programs related to vendor
Relevant Certifications including CRVPM (Certified Regulatory
Vendor Program Manager)
Working knowledge of MS Office and ability to implement and
maintain systems supporting operational risk activities
Knowledge of regulatory expectation relating to third party risk
management, contract management
Strong understanding of third party resiliency
General knowledge of risk management fundamentals
3 years in leadership or direct management role
Experience using and maintaining VendorPoint system
Understanding of banking operations
Experience in a similar role working for a financial
EagleBank promotes an equal employment opportunity workplace
which includes reasonable accommodation of otherwise qualified
disabled applicants and employees.