Job #: 1955

Title: Third Party Risk Analyst


  • Other
  • New York City, NY
  • Job Type:

  • Contract
  • Contract Pay Rate:
  • $75-100
    • Anywhere
    • Posted 2 years ago

    ​The Third-Party Risk Specialist is responsible for scheduling, coordinating and maintaining quality of the end-to-end assessment process for third-parties. This individual will also be involved in the issue management process and management of issues identified through these third-party assessments. In addition, this role will be supporting the implementation of a common and consistent Third-Party Risk Management (TPRM) program to effectively manage third-party risk in accordance with internal policy and regulatory requirements.
    Major Responsibilities:
    • Schedule, coordinate and review the end-to-end assessment process for new and existing third-parties
    • Perform due diligence on all new and existing third-parties in accordance with TPRM policies and procedures
    • Review and analyze all relevant third-party documentation received, perform required financial and regulatory checks.
    • Engage with Subject Matter Experts
    • Review and ensure that all third-party metadata, including status, is accurately maintained in TPRM database
    • Effectively communicate the status of open third-party issues
    • Assist other team members, including performing quality peer reviews
    • Contribute to the permanent improvement of the third-party risk management program (process, framework, indicators…)
    • Participate in the definition of roadmaps and manage accordingly
    • Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required internal standards and regulations
    • Maintain broad knowledge of best practices and trends in Third-Party Risk Management
    • Work as a member of the team, supporting necessary activities to ensure the success of the TPRM program as may be delegated by the Head of TPRM
    • BA/BS required
    • More than 5 years of related experience (e.g. Third-Party Risk, Vendor Management, Supply Chain Management Operational Risk, Audit)
    • CTPRP preferred
    • Knowledge of various assessment types (e.g., Share Assessments for suppliers, self-assessments, SOC reports, audits, vulnerability assessments, penetration tests, third-party assurance)
    • Understanding of the key elements of the Third Party Risk Management Lifecycle
    • Experience in planning, organization and conducting Third-Party Assessments and Review
    • Proven capabilities in influencing and negotiating priorities.
    • Experience working in the Insurance or Financial services sector preferred​


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