NY1496622

1

Bachelor's Degree

none

$35.00 + hourly

Full Time Regular

Not Specified

Buffalo. AP Professionals. Third-Party Risk Management Senior Analyst. $35/hour. Temp to Permanent. Essential Functions * Work directly with business line relationship managers to gain an understanding of the third-party relationships for a subset of third-party engagement inventory. * Gain expertise of all inherent risk assessment questions and consult Relationship Owners to achieve accurate risk assessment results. * Communicate with internal third-party Relationship Managers to facilitate the completion of inherent and control assessment questionnaires and submission of documentation needed to support the third-party engagement risk assessment. Provide appropriate guidance and advice to Relationship Managers and Third Parties by drawing out useful information, asking appropriate questions, and analyzing feedback. * Facilitate the coordination of the third-party control assessments across network of Risk Domain Experts (e.g., Information Security, Business Resiliency, Compliance, Technology) to support the timely review of third-party controls and determine residual risk. * Monitor and execute TPRM Risk Analyst workflow activities within GRC system. * Consult stakeholders, including Relationship Managers, Risk Domain Experts and Legal, on their required TPRM activities, escalating non-adherence to the TPRM Manager. * Seek out methods and resources for Relationship Managers to monitor third-party performance. * Assist TPRM Manager in the establishment of processes and procedures for Relationship Managers, Risk Domain Experts and Legal, to comply with due diligence and ongoing monitoring requirements. * Ensure third-party documentation is accurate, organized, and complete within Governance, Risk, and Compliance (GRC) platform and maintain documentation and records supporting the completion of third-party risk assessments. * Query and analyze data from the GRC platform and other sources to construct meaningful risk reports that highlight material inherent and residual risks identified in the third-party risk assessments and clearly socialize risks to the corresponding business Relationship Managers, Risk Domain Experts and Legal. * Provide support to Relationship Managers in developing strategies to ensure third-party risks are appropriately managed and mitigated. * Escalate material risks to management timely and effectively to support the development of risk management strategies (e.g., data breach, service failure, bankruptcy). * Monitor and oversee resolution of third-party control deficiencies, identified throughout the TPRM risk assessment process. * Establish a working knowledge of business processes and associated products and services with an understanding of how third-party services are utilized to achieve business goals and objectives. Make recommendations to management regarding operational and organizational process improvements. Follow link to apply through company website: https://approfessionals.com/buffalo/archives/job/third-party-risk-management-senior-analyst/