TPRM or Third Party Risk Management Analyst

Description:

Responsibilities:

• Develop, coordinate, plan and execute remote operational assessments for third parties focusing on compliance with regulations, company policies/procedures, training curriculum, third party risk management and internal controls
• Prepare for assessments by reviewing documentation of processes performed by the third party prior to scheduled assessment
• Document assessment template, follow up on outstanding deliverables, and score the assessment with an overall rating
• Compose assessment report containing findings and recommendations and present to business and the third party
• Ensure that potential issues are raised promptly to senior management with a view to identify options to mitigate risk
• Evaluate third party’s criticality attributes while partnering with internal business areas to determine risk tier
• Ability to drill down on third party’s risk attributes to ensure appropriate risk tier is assigned and due diligence completed
• Complete reputational and financial risk reviews at onboarding and annually where applicable
• Demonstrate strong customer service skills throughout the assessment process
• Routinely handles exceptional/unusual situations
• Develop and maintain effective relationships with key Business partners
• Assist with quality control and manager control assessments
• Document any changes to internal Policies and Procedures
• Identify enhancements and process efficiencies to keep assessment program in line with regulatory requirements
• Perform other duties as assigned

Qualifications:

• Bachelor’s degree or equivalent combination of education and experience required
• 3-5 years of Third Party Risk Management, Compliance/Control and/or Audit experience required
• Experience with SIG questionnaires for TPRM is preferred
• Familiarity with industry best practices NIST and BitSight methodology required
• Relevant experience auditing, performing operational assessments or relevant operational experience
• Proficiency with Microsoft Word, Excel, PowerPoint, Outlook, and other PC desktop applications
• Ability to analyze documents and determine risks and process controls
• Excellent knowledge of corporate policies and procedures and the regulatory environment
• Advanced problem solving and analytical skills
• Process and detail-oriented individual with an ability to think strategically
• Excellent communication skills both verbal and written and ability to interact confidently with team members, internal business partners, external third parties, Auditors and Regulators
• Strong judgment, organizational, decision making, project management and interpersonal skills
• Ability to work both independently and as part of a team at all levels and across departments