Demo

Vendor Management Risk Analyst II

First Interstate
Billings, MT Full Time
POSTED ON 1/3/2025 CLOSED ON 1/26/2025

What are the responsibilities and job description for the Vendor Management Risk Analyst II position at First Interstate?

  • If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.


This is a hybrid position and can be located in any of the First Interstate offices within Arizona, Idaho, Iowa, Kansas, Missouri, Montana, Nebraska, North Dakota, Oregon, South Dakota and Wyoming.

What’s Important To You

We know your career is just one aspect of a meaningful, complex, and demanding life. That’s why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

  • Generous Paid Time Off (PTO) in addition to paid federal holidays.
  • Student debt employer repayment program.
  • 401(k) retirement plan with a 6% match.
  • The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve, and why we want YOU to be a part of it.


We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

Summary

Provides direct engagement with initial and ongoing management of vendors associated products and services of the Bank under the Enterprise Risk Management group. Ensures vendor compliance with quality standards or regulatory requirements established by the government or by the Bank. May provide assistance with special projects. Requires initiative, good judgment, and timely follow-up skills. This position has regular communication with both internal and external contacts. Resolves most questions and problems and refers only the most complex issues to higher levels. Works under minimal supervision.

ESSENTIAL DUTIES & RESPONSIBILITIES include the following: other duties may be assigned.

  • Work with all areas of the organization to select vendors, provide ongoing review of vendors, facilitate the gathering of expired documentation, and promote positive working relationships with vendors.
  • Anticipate and identify problems related to third party vendors.
  • Actively participate on virtual teams as a technical resource accounting for vendor related tasks and keeping appropriate business units informed on issues, remediation status, and overall performance
  • Recommend enhancements to existing policies and procedures to meet changing business landscape and challenges.
  • Obtain and review third party documents (SOC2, security policies, financials, compliance, etc.)
  • Perform contract reviews of proposed changes to security requirements in our third-party contracts.
  • Provide periodic training to various business, service and technology teams regarding procedures, roles and responsibilities associated with these areas completing inherent and residual risk questionnaires.
  • Serve as the subject matter expert for third party and vendor risk management.


EDUCATION And/or EXPERIENCE

Bachelor’s degree from a four-year college or university; or 2 to 4 years of vendor management or project management experience. Must have excellent interpersonal skills in order to interface in person and via telephone. Must have the ability to work independently and to prioritize projects/responsibilities. The position requires flexibility, as priorities change and as needs arise to assist other department colleagues. Strong organizational skills and attention-to-detail are required.

Language Skills

OTHER SKILLS & REQUIREMENTS

Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to read procedure manuals. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to clients, and other employees of the organization. Ability to handle client inquiries, concerns and complaints in a polite and effective manner. Ability to effectively communicate with supervisor.

Mathematical Skills

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, and percent and to draw and interpret bar graphs.

REASONING ABILITY

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations. Ability to acquire knowledge of investments, securities and/or trust laws, procedures and policies and the ability to comply with such laws, procedures and policies.

PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to walk and talk or hear. The employee frequently is required to stand and sit. The employee is occasionally required to use hands to finger, handle, or feel; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

  • If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
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