Third Party Risk Management Analyst THIRD003488 Position Available In Lee, Mississippi
Tallo's Job Summary: The Third Party Risk Management Analyst position is an entry-level role responsible for ensuring effective risk mitigation processes for third parties. Key responsibilities include engaging with stakeholders, monitoring risks, collaborating with cross-functional teams, and developing corrective action plans. The ideal candidate demonstrates strong organizational, communication, and critical thinking skills, and is able to work efficiently in a fast-paced environment. Experience with risk management systems is preferred. This role is hybrid within Alabama or Mississippi. If interested and qualified, consider applying to join a diverse, problem-solving team.
Job Description
DescriptionWhat the Role IsThis is an entry level position. The primary responsibility of the position is to help ensure that our third parties and lines of business have effective processes in place to mitigate risk related to outsourced activity. The Third Party Risk Management Analyst , with guidance from the Third Party Risk Manager, will engage with stakeholders to facilitate the identification, assessment, monitoring, and reporting of third party risks across the organization.
To perform these duties, the Third Party Risk Management Analyst must be able to manage multiple projects, meet tight deadlines, use critical analysis and guidance from the Manager to provide effective challenge, communicate with all levels of management across the organization, actively engage in day-to-day interactions/relationships within the framework of the bank culture.
How You will Make an ImpactEngage with business stakeholders, facilitate the completion of assessments, including coordinating additional reviews (as needed) with stakeholders and cross-functional subject matter experts.
Track, monitor, and escalate aged requests to ensure timely completion as well as identifying opportunities to improve processes, tools, templates.
Utilize workload dashboards to monitor and manage assigned third-party projects.
Participate in process discussions with cross-functional teams such as Procurement, Legal, Information Security, and others to ensure assessments meet expectations.
Support maintenance of the centralized repository for third parties including accountable stakeholders, and inherent risk tier for each respective third party relationship with the guidance of senior associates or the Manager, partner with business lines to assist in developing procedures and controls for third party risks that impact their departments.
With the guidance of senior associates or the Manager, collaborate with both subject matter experts and stakeholders to develop corrective action plans to remediate issues.
Stay informed of industry issues and trends.
Recommend best practices to support ongoing management.
Who You ArePerforms job functions accurately, completely, and in a timely manner.
Demonstrates organizational skills and keen attention to detail.
Strong oral and written communication skills.
Ability to multitask, prioritize and work efficiently in a fast-paced environment.
Presents effective critical thinking skills.
Fosters a positive team environment.
Experience with risk management systems preferred.
CharacteristicsRegular and reliable attendance.
Works cooperatively with others.•Hybrid within Alabama or Mississippi.
If your experience aligns with this description, please consider applying. Many skills are transferable among industries and a passion for the role and willingness to learn are important considerations. We believe that a diverse workforce creates problem-solving and creative thinking, which is why we’re dedicated to adding new perspectives to the team and encourage everyone to apply.#LI-RF1QualificationsEducationHigh School (required)Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish informatio . 41 CFR 60-1.35(c)We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.
