Third Party Risk Coordinator

Responsibilities

• Coordinate the onboarding, renewal, and termination processes for third-party vendors in accordance with the Bank’s Vendor Management Policy
• Collect, track, and maintain vendor due diligence documentation, including financial statements, SOC reports, insurance certificates, business continuity plans, and information security assessments
• Monitor vendor compliance with contractual requirements, service level agreements (SLAs), and regulatory expectations
• Maintain the Bank’s vendor inventory, risk ratings, and documentation within designated tracking systems or platforms
• Support periodic vendor reviews and ongoing monitoring activities, including issue tracking and remediation follow-up
• Coordinate with internal stakeholders to ensure complete and timely vendor reviews
• Prepare vendor management reports, metrics, and summaries for management, risk committees, and regulatory exams
• Support responses to internal audits, external audits, and regulatory examinations related to third-party risk management
• Escalate vendor-related risks, gaps, or exceptions to management in a timely manner
• Stay informed of regulatory guidance and industry best practices related to third-party risk management

• Third-party Risk Management 80%

• Coordinate the onboarding, renewal, and termination processes for third-party vendors in accordance with the Bank’s Vendor Management Policy
• Collect, track, and maintain vendor due diligence documentation, including financial statements, SOC reports, insurance certificates, business continuity plans, and information security assessments
• Monitor vendor compliance with contractual requirements, service level agreements (SLAs), and regulatory expectations
• Maintain the Bank’s vendor inventory, risk ratings, and documentation within designated tracking systems or platforms
• Support periodic vendor reviews and ongoing monitoring activities, including issue tracking and remediation follow-up
• Coordinate with internal stakeholders to ensure complete and timely vendor reviews
• Prepare vendor management reports, metrics, and summaries for management, risk committees, and regulatory exams
• Support responses to internal audits, external audits, and regulatory examinations related to third-party risk management
• Escalate vendor-related risks, gaps, or exceptions to management in a timely manner
• Stay informed of regulatory guidance and industry best practices related to third-party risk management

• Oversees Business Continuity (BC) process management with supported business units and technology teams.
• Consistent update of the banks Business Continuity Plan (BCP) ensuring the data such as Business Impact Analysis (BIA), work

functions and locations are included in the BCP and is maintained in the banks designated tracking system.

• Manage, facilitate and provide consultation for planning and testing with business units and technology teams for plan validation and compliance documentation.
• Serve as subject matter expert and point of contact to ensure gaps are identified, escalated and documented.
• Establish and maintain strong working relationships with business units.
• Create concise, relevant, complete and organized standard operating procedures and policy documents, utilizing institution and industry-appropriate terminology.

• Working knowledge of third-party risk management concepts and regulatory expectations in a banking environment, preferred
• Strong organizational skills with the ability to manage multiple deadlines simultaneously
• High attention to detail and strong documentation skills
• Proficiency in Microsoft Office (Excel, Word, Outlook)
• Strong written and verbal communication skills
• Familiarity with FDIC, OCC, FRB, and/or CFPB third-party risk guidance, preferred
• Experience supporting regulatory exams or audits, preferred
• Risk awareness and sound judgment
• Strong follow-through and accountability
• Ability to work cross-functionally with diverse teams
• Professional discretion when handling sensitive or confidential information
• Continuous improvement mindset

• Ability to stand, bend, stoop, sit, walk, twist and turn.
• Ability to lift up to 25 pounds occasionally.
• Ability to use a computer keyboard and calculator.
• Work environment is indoors; majority of the time is spent sitting at a desk.

A combination of education and experience equivalent to a high school diploma; experience in vendor management, risk management, compliance, operations, or financial services is preferred

The Salary Range for this position is $30.69 to $46.04 per hour.