TPO Risk Analyst

Columbia Bank•Spokane, WA

22h•Onsite

About The Position

Support the overall process for contract lifecycle management and third-party oversight. Contract lifecycle management activities include but are not limited to handling of initial contract requests, facilitating and routing of contracts, supporting negotiation efforts, storing/retrieving/reporting of contract documents, assessing contract obligations/performance and processing amendments/renewals/terminations. Third party oversight efforts range from recognizing and measuring risks associated with third party provided products/services and mitigating identified risks. Perform activities to support contract lifecycle management (CLM) and third party oversight (TPO) functions Provide proactive communication with all aspects of CLM and TPO functions to internal stakeholders and management. Partner with business units to become a trusted partner and facilitate strategic plans for third party oversight and contract renewal engagements. Partner with other internal business units with the TPO process in facilitating the overall risk review to ensure timely reviews and evaluation to completion. Maintain contract records management including document routing, storage, retrieval and reporting. Partner with the Supplier Management and Strategic Sourcing team regularly and support the overall Procurement processes and policies with CLM & TPO. Perform third party due diligence and periodic reviews by coordinating risk assessments such as legal, information security, business continuity, disaster recovery, consumer compliance, financial and model risk reviews. Perform duties in accordance with third party risk management and oversight procedures and policies. Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description. May be asked to coach, mentor, or train others and teach coursework as subject matter expert. Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become “Business Bank of Choice” May perform other duties as assigned.

Requirements

2-4 years of banking, risk management, compliance, finance, or IT/Ops audit experience.
2-4 years of contracting and contract lifecycle management experience.
Experience in risk management, audit, or compliance risk management activities.
Demonstrated ability to independently manage multiple work efforts, potentially involving multiple business units/key stakeholders.
Strong oral and written communication skills.
Ability to present complex information to a variety of different audiences.
Knowledge of vendor risk management concepts, best practices, and regulatory guidance.
Skilled in Microsoft Office application suite.
Proven ability to problem-solve complex issues with limited supervision.

Responsibilities

Handle initial contract requests, facilitate and route contracts, support negotiation efforts, store/retrieve/report contract documents, assess contract obligations/performance, and process amendments/renewals/terminations.
Recognize and measure risks associated with third-party products/services and mitigate identified risks.
Provide proactive communication regarding CLM and TPO functions to internal stakeholders and management.
Partner with business units to facilitate strategic plans for third-party oversight and contract renewal engagements.
Facilitate overall risk review with other internal business units for timely reviews and evaluation.
Maintain contract records management, including document routing, storage, retrieval, and reporting.
Partner with the Supplier Management and Strategic Sourcing team to support Procurement processes and policies.
Perform third-party due diligence and periodic reviews by coordinating risk assessments (legal, information security, business continuity, disaster recovery, consumer compliance, financial, and model risk).
Perform duties in accordance with third-party risk management and oversight procedures and policies.
Demonstrate compliance with all bank regulations for assigned job function.
Keep up to date on regulation changes.
Follow all Bank policies and procedures, compliance regulations, and complete all required annual or job-specific training.
Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security, and other applicable regulations.
May be asked to coach, mentor, or train others and teach coursework as a subject matter expert.
Actively learn, demonstrate, and foster the Columbia corporate culture in all actions and words.
Take personal initiative and be a positive example for others to emulate.
Embrace the vision to become “Business Bank of Choice”.
May perform other duties as assigned.