This role will be responsible for third party risk management through new vendor reviews and periodic reviews and monitoring of existing vendors. More specifically, the third-party risk management officer supports all areas within BMT regarding vendor reviews through coordination with BMT’s subject matter experts (SMEs).  This position will also take part in contract review to assist and manage contract negotiation, including but not limited to working with vendor counsel and BMTX counsel. 

• Support all Third-Party Risk Management (TPRM) activities to proactively identify, evaluate, and mitigate risks.
• Evaluate third parties for compliance to company standards, TPRM policies, and Federal regulations.
• Track and monitor the status of each due diligence review and communicate the status with key stakeholders on a regular basis.
• Read and understand contractual agreements to ensure identified risks comply with the Company's policies and procedures, legal, and regulatory requirements, and financial control guidelines.
• Develop mitigation strategies designed to lower inherent and residual risk based on risks identified and business unit requirements.

• 7-10 years of knowledge of Third-Party Risk Management methodologies and regulatory guidance.
• Bachelor’s degree or equivalent experience is preferred.
• Project management experience.
• Negotiation skills, strong organizational skills, clear communication abilities, and high EQ.
• General understanding of information security, business continuity/resumption, compliance, financial analysis, legal, and audit.
• Ability to take initiative and perform in a challenging, agile, fast-paced technical and business environment.

 About BM Technologies, Inc. (BMTX):

BM Technologies, Inc. (NYSE: BMTX) is among the largest digital banking platforms in the U.S, providing access to checking and savings accounts, personal loans, and credit cards. It began trading on the NYSE American on January 6, 2021 under the ticker symbols “BMTX” and “BMTX.W.” BMTX’s mission is to make banking affordable, effortless, and financially empowering for the millions of Americans who need it the most – the underbanked, millennials, and working-class Americans.

BMTX is the first digital banking platform in the U.S. to offer a completely fee-free banking experience and uses innovative mobile technology to make banking enjoyable and seamless. BMTX is also committed to making each of its customers feel financially empowered through education.

Through constant innovation, its white label/”Banking-as-a-Service” (BaaS) banking distribution model, and putting the customer experience above all else, BMTX is truly disrupting the banking space. Today, the BaaS platform is provided to colleges and universities and currently serves over two million account-holders, and provides disbursement services at 722 campuses (covering one out of every three students in the U.S.). BMTX also offers its Workplace Banking platform, a financial wellness service that offers innovative banking products and a robust banking app. Additionally, BMTX recently expanded its white-label strategy with T-Mobile MONEY.

BM Technologies, Inc. (BMTX) is a technology company and is not a bank and provides banking services through its partner banks. BMTX, Inc. is a wholly owned subsidiary of BM Technologies, Inc. BankMobile accounts are powered by BMTX and provided by Customers Bank. Member FDIC - Equal Housing Lender - All Rights Reserved