Third Party Management Analyst

Third Party Management Analyst

7 months

Franklin Chicago

Remote

Pay $53 on w-2

Job id:82210

Our client is looking for third Party Management Analyst for 1st line of defense team, supports the Businesses and Functions by ensuring that suppliers onboarded in the US have been subject to Third-Party Risk Management and assessment before contract execution. This is a critical role/provision of service to the bank as inadequate management of third parties can lead to a failure to meet our operational, business and/or regulatory requirements, which, in turn, may impact the operating resilience of and customers, involve regulatory breaches, civil or monetary penalties or damage both to shareholder value and to our reputation/brand image.

This role will support Third Party Management to ensure the following:

• Third Parties are subject to robust qualification activities before contract execution and onboarding

• Third Parties are expected to be subject to a Risk Assessment and the outcome is communicated to the relevant Global Business or Function seeking to engage in a sourcing event with a third party

Need: The Third-Party Management team must supplement staff to help with BAU activities associated third party qualification activities and risk assessments. The Third-Party Management team has both Global and US requirements that must be met in 2025 and the candidate will help maintain service delivery related to current projects.

So that suppliers can paint a good picture to candidates, can you walk me through what a typical day might look like and tell me a little bit about the project that this contractor will be working on?

The workday is generally fast-paced and includes interactions with Third Party Management team and internal stakeholder's integral to risk management, including Contract Owners and Risk Domain specialists.

The day would include scheduling and facilitating meetings with internal stakeholders to review Third Party Management due diligence and risk assessments performed pursuant to policy and procurements. Additionally, the candidate will be responsible for direct reach out to stakeholders for required information related to Third Party Management risks and controls.

As a result of these meetings and reach out, the candidate will then update the Third-Party Management tools with the input/feedback from the stakeholders regarding external third party due diligence and testing.

Additionally, the candidate would interact with the Third-Party Management Senior Manager and team daily. The team has a very collaborative culture where all partners are encouraged to participate and provide insight into current projects.

Does your team work standard core hours or does that vary?

8am to 5pm Monday - Friday working CST.

1. Third party risk management, due diligence and testing background

2. Communication skills and ability to interact with a range of stakeholders

3. Excel and other Microsoft tools

The candidate will ideally have operational subject matter experience in Third Party Management and be familiar with the regulatory environment in financial services. The candidate will also ideally have experience in performing due diligence reviews as well as testing to confirm accuracy of risk assessments and due diligence reports.

The candidate is expected to schedule and facilitate meetings related to Third Party Management risk reviews and dule diligence and, therefore, the candidate must have excellent communication skills and be able to interact with a variety of stakeholders, including Contract Owners and Risk Domain leads.

The candidate must be proficient in Excel and other Microsoft tool