Third-Party Risk Management Analyst

Overview

Location:

US-MD-Bethesda

Address: 7500 Old Georgetown Road

Position Type:
Full Time Regular

Business Unit

Description:

Risk and Compliance

As a Third-Party Risk Management Analyst, you will play a critical role in ensuring that our partnership with vendors and service providers is secure, compliant and aligns with the Interagency Guidance on Third-Party Relationships. Working alongside the Director of Third-Party Risk Management, you will drive the execution of a robust risk management program that spans the entire third-party lifecycle.

In this role you will:

• Ensure compliance with regulatory guidelines and internal policies.
• Identify and evaluate risks based on the criticality and risk of the services.
• Conduct due diligence covering compliance, credit, reputational, strategic, transactional, operational and cybersecurity risks.
• Collaborate with cross-functional teams to assess and monitor risk on an ongoing basis.
• Collaborate with Legal on lifecycle management of contracts, including renewals, expirations and risk clauses.
• Monitor and ensure alignment with the latest industry threats, regulatory updates and best practices.

Requirements:

• Bachelor's Degree in Arts/Sciences (BA/BS) in Business Administration, Risk Management, Finance, or related field.
• 5+ years of experience in third-party risk management, within banking
• Experience with third-party risk management frameworks and methodologies, including alignment with the Interagency Guidance on Third Party Risk
• In-depth knowledge of the financial industry's regulatory landscape, including risk management standards and frameworks.
• Ability to influence stakeholders and manage conflicts.
• Ability to analyze third-party risk data, identify emerging issues and communicate findings clearly.
• Strong analytical and critical thinking skills.
• Excellent communication and interpersonal skills to collaborate with cross-functional teams.
• Ability to manage multiple projects and priorities in a fast-paced environment.

Preferences:

• Knowledge of third-party risk management software Ncontracts (specifically Nvendor).

Dont meet all the requirements? We encourage you to still apply if you think you are the right person to join our community. We are always interested connecting with people inspired by our mission and values. If you aren’t hired for this position, your resume will remain available for the next year and might be considered for future openings.

Note:

You can update your resume as often as needed.