Third Party Risk Management Analyst II

Essential Responsibilities

• Due Diligence Lifecycle Execution. Work closely with assigned business lines to execute third-party risk management lifecycle activities in coordination with key internal stakeholders. Ensure timely analysis of due diligence documentation in consultation with third-party relationship owners, subject matter experts, and external partners. Ensure SECU due diligence requirements and documentation requests are effectively communicated to third parties. Ensure the adequacy of contingency plans for critical third parties, which outline strategies for transitioning away from a critical third-party, if needed.
• Making sure ongoing monitoring requirements of existing third parties are sufficient to manage risks identified in the planning and due diligence phases. Support management reporting regarding performance issues, identifiable risk, exceptions, and risk mitigation plans.
• Supporting the maintenance of third-party relationship inventory, files, program software, due diligence artifacts, and related documentation. Working with key internal stakeholders (e.g., Project Management, Privacy, Procurement, Compliance, Accounting, Legal Services, IT GRC, etc.) to review the third-party risk management lifecycle and implement changes where needed. Supporting communications with internal and external auditors during third-party risk management audits and examinations.

TPRM Subject Matter Expertise

• Developing and maintaining a working knowledge of regulatory requirements and guidance along with industry best practices related to third-party risk management.

TPRM Framework Management Support

• Supporting the development, implementation, refinement and sustainability of SECU’s third-party risk management governance framework.

Required Education & Experience

• Associates degree via the North Carolina College Transfer Program (NC-CTP)
• Third-Party regulatory exposure including NCUA, FFIEC, CFPB, OCC, & FDIC
• Two direct years of TPRM program experience
• Operational Risk Management program execution experience working across organization levels.

Preferred Education & Experience

• Four-year degree
• CCUE Certification
• Five+ years direct years of TPRM program experience
• Demonstrated ability to work independently
• Credit Union risk management experience