What are the responsibilities and job description for the Third Party Risk Management Analyst position at Axiom Bank?
At Axiom Bank, we encourage you to aim for the sky and leverage your expertise and passion to excel. We are a growing, dynamic organization this is an exciting time to get on board!
We believe in the value of promoting a healthy work/life balance and are committed to recognizing the role everyone plays in our ongoing success. We offer the following benefits to our Full Time Employees:
- 12 Paid Holidays
- Generous Paid Time Off
- 4% Match on our 401(k)
- Medical, Dental and Vision Benefits
- 100% Company Paid Life, AD&D Insurance, Short and Long Term Disability
Key Responsibilities and Accountabilities
The Third Party Risk Management Analyst's Key Accountabilities include, but are not limited to the following:
- Support the third-party risk management program through daily activities, including due diligence, risk assessment and timely follow-up.
- Conduct new third party onboardings, process contract renewals and terminations.
- Conduct periodic due diligence on existing vendors/partners, engaging Subject Matter Experts in providing required documentation in a timely manner. Where necessary, escalate requests that are not responded to in a timely manner.
- Ensure all steps of the third-party risk management program are processed and documented correctly and thoroughly.
- Manage third party risk management register to ensure tracking and gathering of all data and documents.
- Assist in maintaining a database of pertinent risk information pertaining to third parties and communicating this data via consistent reporting.
- Track third party risk management KRIs and provide reporting, presentations and other documentation required to support TPRM function when requested.
- Continuously monitoring vendor risk even after the vendor contract is executed (e.g., monitoring performance levels and periodically requesting and analyzing current due diligence)
- Maintaining a database of risk information pertaining to third parties and communicating this data via consistent reporting to senior leadership as required.
- Ensure enterprise-wide needs for due diligence, risk assessment and continuing vendor monitoring are being accomplished.
- Troubleshoot all vendor problems and escalate to management as required.
- Interact with peers across the organization to ensure compliance with TPRM processes.
Supervision of Personnel
- None
Working Conditions:
- The incumbent will be expected to be able to work Monday through Friday and work will mainly be performed at the Maitland location but there may be an opportunity for fully remote; occasional evening and weekend work may be required. Flexibility with work location and hours may be granted if circumstances permit..
Travel
- Must be willing to travel to various locations for third party risk management due diligence if needed.
Qualifications Summary
Education:
- High School diploma or equivalent required. Bachelors Degree in Business or related discipline preferred.
Experience:
- 0 -2 years experience in third party risk management. Experience in a financial services institution preferred.
Knowledge & Skills:
- Advanced Excel Skills required
- Ability to serve as project leader
- Strong problem-solving skills
- Ability to work flexible schedules
- Strong attention to detail
- Strong customer service orientation
- Demonstrated negotiation skills
- Critical Thinking Skills
- Ethical Judgment
(Reasonable accommodations may be made to enable individuals with disabilities to perform these tasks. If you need an accommodation, please contact us at hr@axiombanking.com)
Axiom Bank does not discriminate in employment opportunities or practices on the basis of any protected status. It is the policy of Axiom Bank to conduct background, credit reference and drug screening tests as a condition of employment. Drug Free Workplace. EOE/AA/Minority, Female, Disabled, Veteran
Axiom Bank is not seeking assistance or accepting unsolicited resumes from search firms for employment or contractor opportunities. Any resumes submitted without a valid contract will be considered the sole property of Axiom Bank and no fee will be paid.
