Ryan McCarthy

About Ryan McCarthy

Seasoned business professional and leader with a background in third party risk management,financial services, procurement, complex contract negotiations, vendor relationshipmanagement, contract performance management, sales and account management. Currentfocus is on third party risk management for the financial services division of the nation’s leadinghome and automobile insurer.Goals: Share best practices in vendor management, procurement and outsourcing.Specialties: Leadership, Procurement, Contract Negotiation, Vendor Management, Account Management, Business Development, Relationship Building, Recruiting, Information Technology Staffing and Services.

Experience

1. Sr Manager - Vendor Operations Support (Vendor Oversight)

   State Farm

   Sep 2018 — Present · Bloomington/Normal, IL, US

   Lead a team of analysts who are responsible for all aspects of third party risk management forState Farm Bank. Responsibilities include and are not limited to the following:· Designed and operationalized a centralized vendor oversight program for StateFarm Bank as a result of a bank-wide restructure effort.· Centralized over 180 vendor engagements into a new function to ensure State FarmBank was effectively managing all 3rd party related risks related to various types ofvendor products and services (technology, process outsourcing, call center outsourcing,staff augmentation and consulting services).· Established and operationalized a vendor lifecycle oversight program that includes implementation of control testing, test of design and test of execution of key controls owned by 3rd party serviceproviders.· Motivate and lead a team of skilled vendor management analysts to ensure adequatemonitoring of the effectiveness of vendor controls, vendor performance and vendorexpenses.· Strong understanding of the various regulatory requirements related to service provideroversight (OCC 2013-29, FFIEC, CFPB, etc.).· Regularly interact with various regulatory bodies related to responding to bankexaminations that involve the review of any 3rd party service provider responsible for keycontrols that involve consumer compliance laws and regulations.

Education

• Illinois State University

  Bachelor, Business Administration

  2003 — 2006

Skills

• Management
• Vendor Management
• Sourcing
• Outsourcing
• Business Development
• Sales
• Account Management
• Change Management
• Recruiting
• Analysis
• Procurement
• Contract Negotiation
• Strategic Sourcing
• Crm