Third Party Risk Analyst (Hybrid)

Job Summary

Coordinates, monitors, and provides due diligence oversight of third party vendors within Synovus Financial Corp. Ensures responsible parties comply with Third Party Risk Management (TPRM) program guidelines, documentation of program activities is accurate and effectively organized, and assessments and reporting are performed in a timely and proficient manner.

Job Duties and Responsibilities

• Develops and maintains knowledge of compliance, procedural, operational and other financial industry requirements related to TPRM.

• Manages, reviews, and completes all assignments and tasks via the TPRM platform. Manages and utilizes dashboards and reporting to meet regulatory and ongoing monitoring requirements for the TPRM program. Manages and approves logical security access to TPRM platform.

• Facilitates the completion of required scorecard surveys for all Critical and High Risk vendors and escalates exceptions accordingly.

• Assists with the vendor business review as needed. Assists with oversight, monitoring, and reporting.

• Performs vendor sanction checks, vendor financial reviews, and reviews vendor risk questionnaires during initial vendor onboarding and on a recurring basis as part of TPRM ongoing monitoring.

• Monitors Political, Economic, Social, Technology, Legal, and Environmental (PESTLE) negative news using TPRM tools of all critical and high risk vendors.

• Assists with compiling data and produces quarterly and ad hoc TPRM reporting in support of Executive Risk Committee and Risk Committee of the Board presentations

• Assists with third party risk requests in support of internal audits and external regulatory exams as required.

• Assists with first line of defense vendor managers and second line of defense partners to ensure TPRM considerations and data are incorporated in overall TPRM program (i.e., AML/BSA, Consumer Compliance, Corporate Risk and Insurance, InfoSec, Sourcing and Legal).

• Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.

• Performs other related duties as required.

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Synovus is an Equal Opportunity Employer supporting diversity in the workplace