Third Party Risk Analyst II

3 weeks ago


RALEIGH NC US First Citizens Bank Full time

Overview

As a Third Party Risk Analyst II, you will be a part of the TPRM Technology, Governance and Reporting Team and will play a pivotal role in supporting third-party risk management. Your responsibilities extend beyond data analysis to include collaboration, issue identification, and solution provision.

*This position can work remote from anywhere within the United States.

Responsibilities

The role will include, but is not limited to the following responsibilities:

Data Analysis and Trend Identification:
  • Review and analyze third-party risk reports, identifying patterns, trends, and anomalies.
  • Dig into data to understand underlying factors affecting risk exposure.
  • Collaborate with cross-functional teams to interpret findings and recommend corrective actions.
Defect Resolution and Data Accuracy:
  • Investigate data defects or discrepancies related to third-party risk management.
  • Support data and inventory initiatives by improving data/information in the TPRM System of Record (ProcessUnity).
  • Correct inaccuracies promptly to maintain data integrity.
  • Ensure compliance with Third Party Management Policy and Third Party Risk Management Standards.
Third-Party Risk Lifecycle Support:
  • Participate in due diligence activities, risk assessments, and ongoing monitoring, as applicable.
  • Participate in special initiatives that support the TPRM Lifecycle.
  • Contribute to risk mitigation strategies and action plans.
Leadership Interaction and Issue Resolution:
  • Engage with organizational leaders to discuss risk findings and potential solutions.
  • Identify emerging issues and proactively propose risk-mitigating measures.
  • Collaborate with stakeholders to address challenges effectively.
Reporting and Documentation:
  • Partner with the TPRM Reporting team on reporting needs and analysis.
  • Document findings, recommendations, and corrective actions.
  • Support audit and regulatory inquiries related to third-party risk.
Collaboration:
  • Work closely with colleagues across departments to achieve collective risk management goals.
  • Share insights, best practices, and lessons learned.
  • Understand that successful third-party risk management requires a collaborative effort.
Qualifications and Skills:
  • Third Party Risk Management: Experience in Third Party Risk Management with solid understanding of the TPRM lifecycle and activities.
  • Analytical Skills: Proficient in data analysis, trend identification, and defect resolution.
  • Attention to Detail: Ensure accuracy and completeness of data.
  • Collaboration: Work effectively with various stakeholders.
  • Tools: Comfortable using spreadsheets and reporting tools. Experience with ProcessUnity and ArcherGRC is highly desired.

Qualifications

  • Bachelor's Degree and 1 years of experience in Risk Analytics or Analytics OR High School Diploma or GED and 5 years of experience in Risk Analytics or Analytics
The base pay for this position is relative to your experience but the range is generally $76,000 to $105,000 per year. First Citizens offers a competitive, comprehensive benefits program which you can review here:

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