Analyst, Third-Party Risk Management

This is a fully remote position, open to applicants in United States.

📋 Description

• Assist in managing the comprehensive lifecycle of third-party vendors, including onboarding, regular evaluations, and offboarding.

• Collaborate with procurement, legal, and business stakeholders to ensure compliance with third-party governance standards.

• Keep the vendor inventory updated in the risk management system.

• Guarantee that vendor data is complete, precise, and consistent with organizational policies.

• Conduct data quality assessments and address any discrepancies.

• Classify vendors according to their inherent risk and significance to the business.

• Carry out standardized third-party risk assessments under the guidance of senior team members.

• Gather and verify risk information from vendors and internal stakeholders.

• Record risk findings, establish basic risk ratings, and provide justification.

• Monitor assessment progress and ensure timely submissions through follow-ups.

• Observe and document third-party risk incidents and issues.

• Track remediation efforts and liaise with accountable parties.

• Assist in risk reporting and the creation of dashboards.

• Compile data for Key Risk Indicators and additional risk metrics.

• Verify data and prepare summaries for regular reporting.

• Contribute to the enhancement of third-party risk processes and tools.

• Engage in testing of ERM/TPRM systems and updates to workflows.

• Maintain documentation for procedures, templates, and guidelines.

⛳️ Requirements

• Bachelor’s degree in business, finance, risk management, or a related field (or equivalent experience).

• Over 2 years of experience in risk management, vendor management, compliance, or a related field.

• Fundamental understanding of third-party risk concepts and vendor governance practices.

• Keen attention to detail and commitment to data accuracy.

• Capability to organize and manage multiple tasks and deadlines effectively.

• Proficiency in Microsoft Excel and basic data reporting tools.

• Strong written and verbal communication abilities.

• Capacity to work collaboratively within a team and follow instructions.

• Willingness to learn about risk frameworks, assessment methodologies, and vendor management procedures.

• Ability to sit for extended durations, typically 7–8 hours a day.

• Competence in operating a computer, utilizing phone systems, typing, and using various software programs concurrently.

• Must be available five days a week during designated work hours.

• Must work from within the U.S.

🏝️ Benefits

• Medical insurance.

• Dental insurance.

• Vision insurance.

• Life insurance.

• Disability insurance.

• 401(k) match.

• Career development opportunities.

• Fully remote work from home or location of record within the U.S.

• No in-office requirements.