Third Party Risk Management Analyst

* Job Description
* Responsibilities:

* Completes new and periodic third-party risk assessments through research, interviews, and consultation with internal experts to understand and quantify risks associated with assigned third parties

* Maintains and monitors third-party profiles and risk work spaces in NAVEX

* Works with third parties and internal stakeholders to obtain up-to-date information and documents that are necessary for new and periodic assessments

* Assures that new third parties and new services from current vendors are properly assessed prior to onboarding (i.e., conducts front-end due diligence)

* Identifies and communicates third-party risks to business owners and other stakeholders

* Participates in special projects and assessments pertaining to third-party risk

* Shares knowledge of industry-standard risk assessment and mitigation approaches

* Possesses a holistic view of assigned business units and how key components ensure appropriate risk management

* Influences and participates in building and administering third-party risk awareness throughout the enterprise

* Works with appropriate Subject Matter Experts to escalate and review certain third-party risks

* Escalates issues internally when appropriate

* Provides advice and counsel on third-party risk as needed

* Reviews and analyzes various third-party submissions, including: SOC reports, assessment questionnaires, business continuity plans, and financial reports

* Maintains understanding of relevant regulations and regulatory guidance set forth by agencies such as the FFIEC, Federal Reserve, OCC, CFPB, etc.
Other:

* Effectively communicates complex information to various audiences both verbally and in writing

* Establishes trust with business partners through demonstration of knowledge and commitment

* Recommends changes and improvements to TPRM

* Manages multiple projects and assessments simultaneously

* Participates in industry events, continuing education, and programs

* Skills
* risk management, risk assessment, due diligence, risk analysis, compliance, fraud, risk management software, risk analysis software

* Additional

Skills & Qualifications
* * 5+ years of TPRM, legal, and/or equivalent experience (Compliance, Fraud, Business, etc.)

* Knowledge and application of third-party risk concepts, TPRM best practices, and related professional practices

* Ability to lead and facilitate meetings with stakeholders solving complex risk issues, risk quantification, identifying leading metrics and controls

* Experience applying risk methodologies and concepts to situations in the insurance or financial services industry

* Strong organizational and project management skills, including the ability to handle multiple projects and prioritize many concurrent tasks

* Excellent communication skills (verbal and written) to work effectively, establish credibility and influence at all levels

* Strong analytical abilities and critical thinking

* Knowledge of risk quantification, risk reporting solutions, and ability to perform advanced reporting and data analysis highly preferred

* CTPRP and/or other comparable third-party risk management certifications (or desire to pursue such certifications)

* Financial services and/or insurance industry experience

* Job Type & Location
* This is a Contract position based out of Saint Paul, MN.

* Pay and Benefits
* The pay range for this position is $40.00 - $55.18/hr.
Eligibility requirements apply to some benefits and may depend on your job
classification and length of employment. Benefits are subject to change and may be
subject to specific elections, plan, or program terms. If eligible, the benefits
available for this temporary role may include the following:

* Medical, dental & vision

* Critical Illness, Accident, and Hospital

* 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available

* Life Insurance (Voluntary Life & AD&D for the employee and dependents)

* Short and long-term disability

* Health Spending Account (HSA)

* Transportation benefits

* Employee Assistance Program

* Time Off/Leave (PTO, Vacation or Sick Leave)

* Workplace Type
* This is a hybrid position in Saint Paul,MN.

* Final date to receive applications
* This…