Third Party Risk Analyst
About The Position
The Third Party Risk Analyst is responsible for executing several core third party risk management processes and identifying issues and/or areas for improvement in efficiency or effectiveness for Technology Credit Union (Tech CU). The incumbent oversees vendor management, third-party risk, and related governance activities, including due diligence, insurance administration, records management, and compliance support. Additionally, this role provides assistance for other personnel in the areas of Enterprise Risk Management (ERM) which involves participating in the planning, organizing, and performing third party risk management activities and projects.
Requirements
- Bachelor’s Degree in Business Administration, Finance/Banking, Risk Management/Compliance or related field (or equivalent experience).
- 3+ years of experience in third‑party risk management, vendor management, compliance, or a related risk or governance function.
- Detail-oriented.
- Excellent organization, verbal, written, and communication skills.
- Proficiency with Microsoft Office applications, including Word, Excel and Outlook.
- Familiarity with third party risk management systems.
- Effective interpersonal skills and the ability to coordinate/communicate with individuals at all levels of the organization.
- Ability to balance risk management with customer service in everyday duties.
Nice To Haves
- Third party risk management certification.
Responsibilities
- Executes Third Party Risk Management program including policies, procedures, onboarding, ongoing due diligence and off boarding.
- Manages Tech CU insurance policies and completes renewal applications.
- Manages the offsite document storage and onsite shredding programs.
- Serves on Compliance Committee and prepares minutes.
- May participate in Tech CU governance committees.
- Provides excellent service to all Members and internal clients.
- Serves as administrator or back-up administrator of several business software applications for the division including Compliance 360, Ncontracts and Nvendor.
- Establishes and maintains user access security levels, as appropriate.
Benefits
- Medical, dental, and vision plans
- Life and disability insurance
- 401(k) plan with company match
- 12 days annually
- Accrues at 7.08 hours per bi-weekly paycheck (approximately 23 days per year)
- Increases with length of service
- 8 hours annually for full-time employees to support charitable organizations
- Flexible Spending Accounts
- Employee-paid voluntary benefits
- Leaves of absence in compliance with state and federal regulations
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
