Connecting clients to markets – and talent to opportunity

With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, The StoneX Group is made up of four segments that offer endless potential for progression and growth.

Business Segment Overview:

Corporate: Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies.

Position purpose: StoneX is seeking a temporary hire for the Lead of Third-Party Risk Management during the contract term. This role is critical in ensuring continuity of the vendor risk program, governance, and oversight activities. The temporary hire will maintain vendor onboarding, monitoring, and reporting processes, while ensuring adherence to regulatory and internal standards.

The position requires strong organizational, communication, and leadership skills to manage ongoing workflows and support the vendor risk team during the coverage period.

Primary duties will include: 

1. Management/Leadership
   1. Manage VRM team in support of VRM strategic goals
   2. Leverage VRM processes to support strategic goals of StoneX
2. Governance
   1. Develop and maintain governance and oversight to identify, assess, mitigate and report vendor risk.
3. Vendor Onboarding/Re-activation
   1. Gather, review and process new vendor information requests
   2. Collaborate with internal stakeholders to support vendor reviews such as cyber, data privacy, compliance, AML, financial, etc.
   3. Liaise with contract management regarding execution of vendor contracts
4. Maintain Vendor Information
   1. Gather, review and process vendor information
   2. Support business initiatives to review key vendors
   3. Identify and document dependencies amongst group entities and parent / child relationships among key vendors
5. Vendor Health and Risk Management
   1. Monitor key performance indicators for select vendors
   2. Support vendor risk initiatives within the organization
   3. Identify gaps to internal and external benchmarks for select vendors, where appropriate
6. Offboarding of Vendors
   1. Gather, review and support vendor offboarding process
   2. Coordinate periodic review of vendors to identify potential duplications or consolidations
   3. Develop periodic review process for vendor deactivations
7. Reporting
   1. Provide reporting and transparency on vendor risk process to key stakeholders and governance structures
8. Records Management
   1. Maintain consolidated list of vendors, affiliates, and third party relationships
   2. Maintain auditable records for required recordkeeping timeframe
9. Other
   1. Lead strategic initiatives related to vendor risk management
   2. Training and education of stakeholders and business engaged in vendor risk
   3. Perform adhoc analysis and project engagement, as needed
   4. Recommendations for process improvements
   5. Data clean-up efforts, as needed

Required Qualifications:

• Bachelor’s degree.

• 5+ years of experience in vendor risk management, preferably within financial services.

• Proven ability to manage risk processes in a fast-paced environment.

• Strong cross-functional collaboration and communication skills.

• Ability to adapt quickly and maintain business continuity in a temporary leadership role.