Manager, Vendor Risk

About MCU:

At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.

Our Mission:

To help hard-working New Yorkers build better tomorrows

Our Vision:

Be New York's most loved financial institution by helping our members build their best financial futures

Overview: The Vendor Risk Manager owns, develops, implements, enhances, and maintains MCU’s vendor risk management frameworks, taxonomies, policies, and procedures. The Vendor Risk Manager administers MCU’s vendor risk management program, ensuring compliance with NCUA, NYDFS, and FFIEC requirements and protecting the credit union from third-party operational and compliance risks

Responsibilities:

Specific duties include, but are not limited to, the following:

• Lead the end-to-end Vendor Risk Management Program in alignment with regulatory requirements (e.g., NCUA, NYDFS, FFIEC) and internal policies.
• Manage the vendor due diligence lifecycle including risk assessments, contracting support, ongoing monitoring, and offboarding processes.
• Facilitate periodic reviews of critical and high-risk vendors, including SOC reports, financial health, cybersecurity practices, regulatory compliance, and performance metrics.
• Collaborate with Enterprise Risk, Legal, Information Security, and business units to evaluate and mitigate vendor risks.
• Provides subject-matter expertise to business lines on vendor selection, onboarding, and risk remediation.
• Maintain the Vendor Risk Register and ensure vendor risk ratings are accurate and current.
• Coordinate with internal audit and external examiners on vendor risk management reviews.
• Develop and deliver periodic vendor risk reports to senior management and the Board, including risk exposure, trends, and performance metrics.
• Monitor regulatory changes and industry best practices to ensure continuous improvement of the Vendor Risk Management Program.
• Provide coaching and oversight to staff or cross-functional teams involved in vendor risk activities.

Requirements:

Why you'll be a good fit:

Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you’ll bring the following

Results - We are passionate about winning.

Agility - We proactively anticipate, respond and pivot to ensure MCU wins.

Integrity - We operate with the highest ethical standards and highest degree of honesty.

Belonging - We cultivate a culture of inclusion and teamwork.

Ownership - We take personal responsibility and hold ourselves accountable for the results.

Why You’ll Love Working Here:

The pay range for this position is between $87,500-116,500 annually. Actual base pay offered may vary depending on a number of factors such as job-related knowledge, skills, experience, and location. Employees in this position may also be eligible for a discretionary bonus, 401(k) with an 6% employer match per pay period. Benefits for this position include Medical, vision, dental, life, and disability insurance, flexible paid time off and 11 paid holidays annually.

Municipal Credit Union (MCU) is an Equal Opportunity Employer. Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by applicable federal, state or local laws.

We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization.