Supplier Risk Analyst - Salt Lake City or Houston

Zions Bank • Houston, TX

87d

About The Position

Zions Bancorporation is seeking a Supplier Risk Analyst to join the Supply Chain Management Department. This department serves the needs of the Bank and its stakeholders regarding suppliers, aiming to create value and safeguard the Bank's risks associated with suppliers. The Supplier Risk Analyst will manage and assess suppliers throughout their lifecycle, identifying risks through assessments, engaging with suppliers to discuss controls, and addressing any weaknesses identified. This role offers an opportunity to grow a risk career and provides visibility to many executives within the Bank.

Requirements

• Requires a degree in Business, Finance or related field.
• 2-4+ years experience in vendor risk management, risk management, vendor management or other directly related experience or certifications.
• Advanced knowledge of vendor management, regulatory requirements and compliance, third-party risk management, regulatory requirements and reporting.
• Excellent problem solving, project and vendor relationship management skills.
• Ability to take initiative and make sound decisions.
• Ability to set and maintain high quality work standards.
• Strong attention to detail and a risk-mindset.
• Ability to deal effectively with people in various job capacities.
• Strong analytical, judgment and decision making skills.
• Demonstrate initiative and possess strong organizational skills.
• Excellent interpersonal, presentation and communication skills, both verbal and written.
• Advanced working knowledge of word processing, database and spreadsheet software and applications.

Responsibilities

• Perform third-party risk assessments and analyze the risk level of third-party engagements for new and existing vendors.
• Analyze due diligence documentation to arrive at risk assessment ratings according to the Bank's risk methodology and regulatory standards.
• Assess the adequacy of due diligence documentation received from vendors before passing it on to subject matter experts (SMEs).
• Synthesize inputs from the Bank's risk SMEs, vendor documentation, and conversations with lines of business to develop risk assessments.
• Author risk narratives to communicate key risks for engagements or vendors and support assigned risk levels.
• Monitor, analyze, and maintain vendor information and documentation.
• Build strong relationships with lines of business and risk SMEs across the Bank.
• Challenge inputs actively using a strong understanding of risk topics.
• Contribute to and lead internal initiatives, including methodology enhancements and project delivery.
• Present analysis and findings to stakeholders and committees when required.
• Work with business units to ensure documentation is received and updated as needed.
• Collaborate with other teams in supply chain management and stakeholders across the business.
• Stay current on regulatory requirements.

Benefits

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
• Paid Training, 20 days of Paid Time Off (PTO) and 11 Paid Federal Holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees
• Employee Ambassador preferred banking products
• Potential eligibility for a cash bonus award at the company's discretion.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree