Third Party Risk Management Senior Analyst

Overview

This is a Third Party Risk Management Senior Analyst role, reporting do Lead of TPRM.

Responsibilities

Program Development and Implementation

• Work with the Lead of TPRM on developing and implementing a robust global third-party risk management program

• Partner with stakeholders and subject matter experts to build strong relationships and effective third-party risk management processes

• Gather a full inventory of third parties and work on remediation and participate in change management process and data clean up

• Assist in identifying and evaluating risk areas across the firm's operational activities and contribute to the development of processes and controls to mitigate such risks.

Program Governance and Execution

• Manage day-to-day third-party risk management process

• Review and challenge Inherent Risk Questionnaire responses

• Validate Due Diligence Assessments along with Due Diligence artifacts for accuracy and completeness

• Conduct ongoing monitoring of third parties

• Participate in third party performance management process

• Ensure terminations are executed in line with the process

• Provide regular reporting and status updates on third-party risk program, ensuring transparency and accountability at all levels of the organization.

• Manage an inventory of third parties and fourth parties, ensuring compliance with internal policies and regulatory requirements.

Qualifications

Required Qualifications

• Strong understanding of regulatory requirements and industry best practices related to third-party/vendor risk management on global level.

• Experience in developing and implementing a robust Third-Party Risk Management program

• Knowledge of developing policies, procedures, guides for assessors and relationship managers

• Experience with Contract Management and reviews

• Proficiency in Microsoft Office Suite (Word, Advanced Excel, PowerPoint) and experience with third party/vendor risk management platforms

Skills and Requirements

• Bachelor's degree

• 2-5 years of experience in third party / vendor risk management, preferably in financial services

• Experience working with and managing teams of high-performing individuals in fast paced environment

• Strong written, verbal, and oral communication skills

• Ability to work cross functionally and influence others

• Strong process and project management skills

• Proficiency to work independently with minimal supervision and manage multiple priorities in a fast-paced environment.

• Ability to adjust positively to quick-changing priorities and shifting goals

• Ability to travel approximately 20%, including internationally