Third Party Risk Analyst I

About the role

Responsible for supporting the vendor management and risk monitoring efforts for the Bank.

Responsibilities

• Performs due diligence on onboarded vendors, for both Core and Payments' vendors.
• Performs reviews on vendors to include, but not be limited to, reputation risk reviews, preparing vendors for Payments Risk Committee and vendor/department follow-up.
• Collects and retains documentation as defined in the contract to support sound operations.
• Assists in gathering necessary documentation to complete due diligence in vendor management software.
• Performs updated due diligence on vendors and completes template(s) for weekly Payments Risk Committee agenda.
• Performs ongoing due diligence for established vendors.
• Performs monthly testing for LAP Card Program.

Qualifications

• Education: Associate's degree in Business Administration, or related field.
• Licenses/Certifications: None.
• Experience: A minimum of one year of experience, preferably in a financial institution. Or equivalent combination of education and experience.

Skills

• The ability to communicate effectively and clearly, both in verbal and written communications.
• Excellent interpersonal skills.
• Strong knowledge of the business area that is being supported.
• Self-directed and motivated.
• The ability to manage multiple tasks.
• Excellent problem-solving skills.
• Ability to respond to common inquiries or complaints from internal or external sources.
• Specific experience/expertise with Excel and/or database management.