Senior Manager, Third Party Risk Management at StoneX in Chicago, IL

Job description

Overview Connecting clients to markets – and talent to opportunity. With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect 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, StoneX Group is made up of four business 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 Group Inc. is seeking an experienced Senior Manager - Third Party Risk Management (TPRM) to lead the program for all global legal entities out of our Chicago office. Reporting to the Global Head of Enterprise Risk, this is a senior Second Line of Defense (2LOD) role responsible for the design, oversight and continuous improvement of the framework across the Firm’s regulated activities. The Senior Manager - TPRM is responsible for overseeing the design, implementation, ongoing enhancement, reporting, and maturity of the organization's enterprise-wide TPRM program. The role provides strategic and operational leadership across the full third-party lifecycle, ensuring that risks associated with third parties, suppliers, outsourcing arrangements, and other external relationships are identified, assessed, managed, monitored, and reported in accordance with the organization's risk appetite, policies, regulatory obligations, and business objectives. The Senior Manager will serve as a key TPRM subject matter expert and will partner closely with Business Owners, Procurement, Legal, Compliance, Information Security, Privacy, Business Resilience, Finance, and other risk and control functions to maintain a consistent, risk-based, scalable, and sustainable TPRM framework. This role is expected to move the program beyond transactional risk assessment activities by establishing strong governance, meaningful risk reporting, effective challenge, ongoing monitoring, technology-enabled processes, and a defined maturity roadmap that demonstrates continuous improvement and effective risk management throughout the third-party lifecycle. Responsibilities Primary duties will include: TPRM Program Strategy, Design & Maturity Own and drive the ongoing design, implementation, enhancement, and maturity of the enterprise TPRM program. Develop and maintain a multi-year TPRM strategy and maturity roadmap aligned with organizational priorities, risk appetite, regulatory expectations, and industry practices. Periodically assess the program against regulatory requirements, internal standards, industry frameworks, audit findings, risk events, and identified areas for improvement. Identify opportunities to simplify, standardize, automate, and strengthen TPRM processes while maintaining appropriate risk coverage. Establish program maturity metrics and demonstrate measurable improvement in TPRM capabilities and outcomes. Lead strategic initiatives to address regulatory findings, audit observations, control deficiencies, and broader program enhancements. Third Party Lifecycle Management Oversee the risk management framework across the entire third-party lifecycle, including: Business need and initial engagement Pre-contract due diligence Risk identification and inherent risk assessment Third-party segmentation and criticality determination Risk-domain assessments and due diligence Risk acceptance and approval Contractual risk requirements Onboardi