Third Party Risk Analyst

Job Summary: As a Third Party Risk Analyst, you will play a critical role in assessing and managing third-party risks to ensure the continued integrity and security of the organization’s operations. This position involves evaluating third-party relationships, monitoring compliance, and implementing risk mitigation strategies.

Key Responsibilities:

• Conduct due diligence on potential third-party vendors, assessing their financial stability, security practices, and compliance with regulatory requirements.
• Monitor and assess the ongoing performance and compliance of existing third-party relationships.
• Develop and maintain a comprehensive third-party risk management framework.
• Collaborate with cross-functional teams to establish and enforce third-party risk policies and procedures.
• Perform risk assessments, vulnerability assessments, and control assessments on third-party vendors.
• Identify and report potential risk issues and recommend appropriate risk mitigation strategies.
• Maintain accurate records and documentation related to third-party risk assessments and compliance.
• Provide regular reports and updates to senior management and stakeholders.

Qualifications and Experience:

• Bachelor’s degree in a relevant field (e.g., Business, Finance, Risk Management).
• Proven experience in third-party risk analysis, vendor management, or risk assessment.
• Strong knowledge of risk management principles and regulatory compliance.
• Excellent analytical and problem-solving skills.
• Effective communication and collaboration skills.
• Ability to work independently and as part of a team.

Benefits: This firm offers a competitive compensation packages and a dynamic work environment. You will have the opportunity to work with a team of dedicated professionals in a prestigious financial organization with a reporting line into New York.