Explore specialized jobs for Senior Third Party Risk Management (TPRM) Specialists focusing on Inter-Affiliate Risk, a critical niche within modern governance and financial control. Professionals in this high-stakes career are responsible for designing, implementing, and overseeing risk management frameworks specifically for relationships between a parent company and its subsidiaries, affiliates, and related entities. Unlike external vendor risk, inter-affiliate risk management addresses the unique challenges of intra-organizational transactions, ensuring that internal dealings comply with stringent regulatory standards, internal policies, and financial soundness. The core mission of a Senior Specialist in this field is to safeguard the organization from latent risks embedded within its own corporate family. Typical responsibilities involve conducting detailed risk assessments of affiliate relationships, including service level agreements, financial exposures, and data sharing practices. They establish governance protocols, define risk appetites, and ensure clear accountability across the affiliated network. A significant part of the role is to develop and maintain a centralized inventory of all inter-affiliate engagements, assessing them for compliance with laws like Dodd-Frank, EMIR, or other global regulations that govern intra-group transactions. They are also tasked with creating standardized reporting and key risk indicators (KRIs) to provide transparency to senior leadership and board committees. To excel in these jobs, individuals must possess a hybrid skill set. A deep understanding of operational risk, regulatory compliance, and financial controls is paramount. Strong analytical abilities are required to dissect complex contractual and financial flows between entities. Excellent communication and stakeholder management skills are crucial, as the role involves negotiating with and influencing various internal business units and affiliate leadership. Typically, employers seek candidates with a bachelor’s degree in finance, business, or a related field, often preferring those with advanced degrees or professional certifications like CRISC, FRM, or CPA. Several years of direct experience in third-party risk, internal audit, or compliance within a large, complex corporate structure is a standard prerequisite. For risk management professionals seeking to specialize, Senior Third Party Risk Management Specialist jobs in the inter-affiliate domain offer a career path at the intersection of corporate strategy, regulatory rigor, and internal governance. It is a profession dedicated to building resilience from within, ensuring that a corporate group’s internal ecosystem is as secure and compliant as its external-facing operations. Discover opportunities to advance in this pivotal field by exploring relevant job listings today.
