Third Party Risk Analyst II

4 weeks ago


Raleigh North Carolina, United States 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 AnalyticsThe 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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