Senior Third Party Risk Analyst

About the role

The Senior Risk and Control Associate will play a crucial role in managing the risks associated with Third Party Service Providers across all business lines at Edward Jones. This position is part of the Sourcing organization and is essential for ensuring compliance with regulatory requirements and maintaining a robust risk management framework.

Responsibilities

• Partner with Supplier Relationship Owners (SROs), Sourcing, and business stakeholders to assess inherent risks associated with third-party products and services.
• Lead initial and ongoing due diligence activities to evaluate third-party providers' capabilities, regulatory compliance, and overall risk management effectiveness.
• Collaborate with cross-functional risk teams, including Cyber, Business Resilience, and Model Risk, to identify, assess, and escalate existing and emerging third-party risks.
• Analyze risks against the firm's risk appetite and communicate key findings, recommendations, and mitigation strategies to business stakeholders and leadership.
• Support the Third-Party Risk Management (TPRM) governance framework through risk assessments, audits, reporting, and preparation of materials for senior leadership and risk committees.
• Develop, maintain, and implement TPRM policies, standards, and procedures to address evolving risks, threats, and regulatory requirements.
• Drive continuous improvement initiatives, including prioritization, testing, communication, and rollout of enhancements to TPRM processes and technology solutions.
• Provide guidance and education to business stakeholders on TPRM requirements, while staying current on industry trends, emerging risks, and professional development opportunities.

Requirements

• BS/BA degree (or equivalent experience)
• Minimum of 4-6 years of experience in risk or specific field of related specialization
• Experience focused on third-party performance and risk management
• Experience with technology and tools that drive risk evaluation and tracks risks at the firm level
• Ability to lead in an environment of significant change
• Knowledge, Skills, and Abilities as outlined in the qualifications section

Qualifications

• BS/BA degree (or equivalent experience)
• Minimum of 4-6 years of experience in risk or specific field of related specialization
• Experience focused on third-party performance and risk management
• Experience with technology and tools that drive risk evaluation and tracks risks at the firm level
• Ability to lead in an environment of significant change
• Knowledge, Skills, and Abilities as outlined in the qualifications section

Skills

• Demonstrated risk management expertise with a strong understanding of Third-Party Risk Management best practices, regulatory requirements, and industry standards
• Proven ability to build relationships and collaborate effectively with internal stakeholders, risk subject matter experts, business partners, and external third parties
• Strong analytical, critical-thinking, negotiation, and problem-solving skills, with the ability to assess complex situations and drive sound decision-making
• Excellent verbal, written, presentation, and interpersonal communication skills, with the ability to translate financial and risk implications into actionable business decisions and alignment
• Able to work independently, manage multiple priorities, and apply sound judgment to influence outcomes and drive organizational decision-making
• Strategic thinker who provides thought leadership in complex and ambiguous situations, delivering change that supports business objectives and long-term strategic vision
• Systems-thinking mindset with the ability to understand the broader impact of decisions, proactively identify improvement opportunities, and support future-state capabilities and processes

Benefits

• Medical and prescription drug coverage
• Dental and vision coverage
• Voluntary benefits (such as accident, hospital indemnity, and critical illness)
• Short- and long-term disability coverage
• Basic life and AD&D coverage
• 401(k) retirement plan
• Tax-advantaged accounts: health savings account and flexible spending account
• 15 days of vacation for new associates beginning on January 1 of each year
• Short- and long-term disability, basic life, and basic AD&D coverage provided at no cost to associates
• Paid holidays
• Paid days for volunteerism
• Employee Assistance Program