Third Party Risk Analyst

4 weeks ago


Memphis, United States Evolve, LLC Full time
Job Description:

The role of the Third-Party Risk Analyst is to perform the activities necessary to identify, assess, mitigate, and monitor the risks relating to the third-party organizations with whom Evolve partners.

Primary Job Tasks and Responsibilities:

  • Assist with the development of business plans for proposed or prospective third-parties
  • Perform risk assessments of prospective and existing third-parties.
  • Perform reviews of third-party contracts to ensure the inclusion of all applicable and necessary terms and conditions.
  • Coordinate initial and ongoing due diligence procedures relating to the collection and review of requested documentation, as follows:
    • Monitor and record the collection of third-party documentation.
    • Distribute such documentation to the applicable members of management responsible for review.
    • Coordinate with management to ensure the timely review of third-party documentation, and monitor such status.
    • Maintain records of all reviews and their results.
    • Record deficiencies noted as a result of document reviews, and track to resolution.
    • Prepare periodic status reports.
  • Assist with the necessary tasks relating to the termination of third-party relationships.
Education and Experience:
  • Bachelor's degree in a business-related field of study.
  • Two or more years of experience in business administration roles (third-party risk management, auditing, or compliance-related experience a plus).
  • Banking or financial industry experience preferred.
Key Competencies:
  • Skilled in use of MS Office suite, and ability to easily adapt to and utilize new technologies.
  • Foundational data analysis skills.
  • Excellent documentation and communication skills.
  • Ability to manage and adapt to changing priorities.
  • Meticulous attention to detail, with the ability to multitask.
  • Ability to work independently as well as part of a team.
  • Sound independent judgement.


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