Third Party Risk Analyst - #178952
Evolve Bank & Trust
Date: 1 week ago
City: Memphis, TN
Contract type: Full time
Job Details
Description
Job Description:
The role of the Third-Party Risk Analyst is to perform the activities necessary to identify, assess, mitigate, and monitor the risks relating to the third-party organizations with whom Evolve partners.
Primary Job Tasks And Responsibilities
Description
Job Description:
The role of the Third-Party Risk Analyst is to perform the activities necessary to identify, assess, mitigate, and monitor the risks relating to the third-party organizations with whom Evolve partners.
Primary Job Tasks And Responsibilities
- Assist with the development of business plans for proposed or prospective third-parties
- Perform risk assessments of prospective and existing third-parties.
- Perform reviews of third-party contracts to ensure the inclusion of all applicable and necessary terms and conditions.
- Coordinate initial and ongoing due diligence procedures relating to the collection and review of requested documentation, as follows:
- Monitor and record the collection of third-party documentation.
- Distribute such documentation to the applicable members of management responsible for review.
- Coordinate with management to ensure the timely review of third-party documentation, and monitor such status.
- Maintain records of all reviews and their results.
- Record deficiencies noted as a result of document reviews, and track to resolution.
- Prepare periodic status reports.
- Assist with the necessary tasks relating to the termination of third-party relationships.
- Bachelor’s degree in a business-related field of study.
- Two or more years of experience in business administration roles (third-party risk management, auditing, or compliance-related experience a plus).
- Banking or financial industry experience preferred.
- Skilled in use of MS Office suite, and ability to easily adapt to and utilize new technologies.
- Foundational data analysis skills.
- Excellent documentation and communication skills.
- Ability to manage and adapt to changing priorities.
- Meticulous attention to detail, with the ability to multitask.
- Ability to work independently as well as part of a team.
- Sound independent judgement.
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