Peter Ferdinandson

About Peter Ferdinandson

Third party risk management professional focusing on Information Security, Technology and Business Continuity & Resiliency. Skilled in providing governance and oversight of Third-party risk management programs for global financial services and consumer goods companies.

Experience

1. Managing Director Third Party Risk

   Wells Fargo

   Dec 2024 — Present · Charlotte, NC, US

   Seasoned manager with over 20+ years experience in designing and implementing Third Party Risk Programs for large organizations.(Financial Services and Consumer Goods) Currently acting as Managing Director in the Third-Party Governance Team. Responsibilities include:• Implementation. execution and evolution of the Bank’s Vendor/Third-Party Risk Management program• Providing direction to line of business (Global Third-Party Risk Officers) during new third-party selection process and selecting the appropriate risk mitigation strategies during the new third-party selection process. • As well as ensuring the appropriate, ongoing training, maintenance, and monitoring of activities to mitigate operational and compliance risk related to the Bank’s Vendor/Third Party Risk Management Policy/Program in accordance the Bank\'s internal policies and procedures, laws, guidelines, and regulations appropriate for this function.• Communicate, educate, and socialize Third Party Risk Management Program Policy to senior leadership, business units, and all relevant stakeholders, as necessary.• Responsible for designing, implementing, and monitoring controls to ensure line of business compliance with Third Party Program internal policies and procedures, laws, guidelines, and regulations.• Conducts quarterly review of third-party inventory. Identifying non-compliant relationships. Reporting and monitoring remediations activities until resolution. • Collaborating with legal, control executives, and audit on the development of program updates to meet evolving regulatory requirements. with Oversee a team of contractors to scope and scale projects to deliver on the strategy. • Providing clear and concise responses to regulatory and internal/external audit requests as directed.

Education

• University of Maryland Global Campus

  Associate of Arts and Sciences (A.A.S.)

  1995 — 1998

Skills

• P&L Management
• Strategy
• Budgeting
• Management
• Team Building
• P&L
• Negotiation
• Business Planning
• Operations Management
• Business Development
• Cafeteria Management
• Business Process
• Agile Scrum Master Role and Responsibility
• Project Management
• Microsoft Office
• Sales
• Training
• Customer Satisfaction
• Soc 2
• Business Strategy
• Standards Compliance
• Customer Service
• Soc 1
• Business Process Improvement
• Analysis
• Risk Management
• Income Statement
• Contract Negotiation
• Change Management
• Veterans
• Purchasing
• Process Improvement
• Regulatory Compliance
• Food Safety
• Print Management
• Leadership
• Team Leadership
• Vendor Management
• Gdpr Contract Compliance
• Insurance