Third Party Risk Analyst

Navigant Credit Union • Smithfield, RI

264d

About The Position

People helping people. That's what a credit union, and in particular Navigant Credit Union, is all about. Our mission is to improve the financial well-being of the families, businesses, and communities we serve, and have been since our founding in 1915. Now at more than $3 billion in assets, Navigant Credit Union is among the largest credit unions in Rhode Island, yet still maintain our community-driven values. Those values-and our belief in putting people first-are just a few of the reasons why Navigant Credit Union has been named 'Rhode Island's Best Place to Work' year-after-year by the Providence Business News. Our Core Values consist of 'Leadership, Unity, Caring, and Integrity' are the guiding principles for our organization. They are the qualities and/or traits that we consider a high priority for Navigant Credit Union employees. Our company prides itself on demonstrating community-based values and investing in our workforce, while exceeding member expectations. We offer tremendous opportunities for professional development, career advancement, and a best-in-class benefits package including a rich medical and dental plan, vision benefits, a robust 401(k) with a generous employer match, tuition reimbursement, competitive salaries, paid volunteer days, and opportunities to give back to the community. If you believe you'd be a great fit, and are interested in joining our team, submit an application today!

Requirements

• Bachelor's degree preferred with a concentration/focus on risk, information assurance or audit.
• 1-3 years of experience in Vendor Management or general Information Security required, preferably in a credit union or financial institution.
• Experience with enterprise risk management technology preferred.
• Must possess strong organizational, critical thinking and problem-solving skills.
• Strong understanding of regulatory requirements including GLBA and FFIEC Guidance preferred.
• Must have excellent verbal, written, and interpersonal communication skills, including ability to communicate risks and concepts to business lines outside the Information Security Department.
• Must possess a strong service orientation in alignment with the credit union's mission and core values.
• Ability to simultaneously work on several tasks with varying priorities, paying attention to source of information and deliver an effective outcome required.
• Ability to deal with highly confidential information required.
• Ability to understand business needs and commitment to deliver high quality, prompt, and efficient service to all business lines required.
• PC proficient, including Microsoft Office (Word, Excel, PowerPoint, Outlook) and the Internet.

Responsibilities

• Performs the Vendor Due Diligence (VDD) on all new and existing vendors, partnering with subject matter experts and business lines as appropriate.
• Monitors due dates for ongoing VDD and contracts.
• Coordinates with business lines to retrieve for timely reviews.
• Evaluates and implements Vendor Program enhancements to keep in line with industry and cyber trends.
• Maintains the Risk Management Tool as it relates to the Third-Party Risk Module.
• Assists the VP, ISO with the Vendor Risk Assessment process including analyzing results.
• Monitors third-party risk through incident trends, business continuity needs, and risk management, reporting to the VP, ISO to ensure a cohesive Information Security Program and accurate risk posture.
• Collaborates with the Corporate Legal Team relating to contract reviews and ensures executed contracts are uploaded to the Risk Management tool.
• Updates the Vendor Watch List and communicates trends and concerns to the ISO for reporting and decision-making needs.
• Monitors DnB Alerts for potential impact to NCU.
• Collaborates with Enterprise Risk Management (ERM) on the impacts of NCU's third parties to the heat map.
• Completes the annual entity risk assessment with ERM.
• Participates in new vendor discovery calls as applicable.
• Supports the implementation of new processes and tools that will improve the Information Security posture of the Credit Union.
• Maintains strong working relationships with business lines involved in managing third parties and risk across the Credit Union.
• Stays up to date with the latest industry threats and regulatory changes.
• Performs other duties as assigned by the VP, Information Security Officer.

Benefits

• Rich medical and dental plan
• Vision benefits
• Robust 401(k) with a generous employer match
• Tuition reimbursement
• Competitive salaries
• Paid volunteer days
• Opportunities to give back to the community

What This Job Offers

• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree