Third-Party Risk Analyst

Sunflower Bank

  • Phoenix, AZ
  • Permanent
  • Full-time
  • 20 days ago
Job TypeFull-timeDescriptionPhoenix, AZ - Must be local to Phoenix, AZMUST HAVE: 2-4 years of financial services or related industry with responsibilities related to third-party (vendor) risk managementMUST HAVE: Understanding of enterprise risk, operational risk, related control frameworks and practices, and regulatory requirementsMUST HAVE: Knowledge of banking products and operations preferredMUST HAVE: Strong analytical skills and ability to quickly grasp business needs and objectives.Salary: Pay is dependent on knowledge, skills, abilities, experience, and location.Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of a full-time Third-Party Risk Analyst at our Phoenix, AZ location.Hybrid options available.SummaryThe Third-Party Risk Analyst is responsible for working with the Bank's Line of Business partners and key subject matter experts to manage the risk exposure from engaging third-party service providers to deliver products and services to the Bank. The candidate will engage and participate in credible challenge, quality assessment, project management, procedural development, record maintenance, system testing and implementation, and training activities. This includes the identification, analysis, reporting, and control of risks that are posed by these relationships throughout the third-party lifecycle to ensure compliance with internal policies and controls, laws, and regulations. Support the development, deployment, and execution of the third-party risk management framework.Primary Responsibilities
  • Responsible for the ongoing implementation and support of the Bank's Third-Party Risk Management program
  • Develop and maintain third-party risk metrics, dashboards, and reports
  • Assist with updates and development of Third-Party related policies, procedures, training, and communication of the program throughout the enterprise.
  • Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Three Lines of Defense and provide subject matter expertise to business-line partners to appropriately assess and manage third-party risk.
  • Provide oversight of perpetual third-party risk management functions including ongoing management, change management, and the remediation of findings that result from risk assessments.
  • Ensure proper and timely execution of the Third-Party Risk program for new and existing third-party vendors.
  • Facilitates responses to regulatory and audit requests under the direction of the ERM Program Manager.
  • Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company.
  • Perform other duties as assigned.
Education / Experience
  • 2-4 years of financial services or related industry with responsibilities related to third-party (vendor) risk management
  • Understanding of enterprise risk, operational risk, related control frameworks and practices, and regulatory requirements
  • Knowledge of banking products and operations preferred
  • Bachelor's degree, or equivalent work experience
  • The willingness and ability to learn new, complex concepts quickly.
  • Strong oral and written communication skills. The candidate will be required to talk with representatives across the institution and write conclusions from reviews.
  • Strong analytical skills and ability to quickly grasp business needs and objectives.
  • Strong organizational skills and the ability to work on several projects at the same time.
  • Strong proficiency in Microsoft Office products.
Sunflower Bank BenefitsEmployees enjoy outstanding benefits, including:
  • 401(k) Plan with 6% Match
  • Health/Dental/Vision Insurance
  • Company-paid Life Insurance
  • Tuition Reimbursement
  • Fitness Reimbursement
  • Paid Time Off
  • Volunteer Leave
  • Paid Holidays
  • Plus many more employee perks & incentives!
People choose to “bank” with us, but for those we serve, we're more than a bank. We strive to be the financial backbone of their lives and we know that starts with our team.If you qualify, apply online at www.sunflowerbank.com/careers.You've never worked anyplace like Sunflower Bank!EOE/AA: Minorities/Females/Disabled/VetsOpen until filled; early application encouraged. This vacancy announcement may be used to fill similar positions within 90 days.If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location specific notices is available on our privacy policy.Phoenix, AZ - Must be local to Phoenix, AZMUST HAVE: 2-4 years of financial services or related industry with responsibilities related to third-party (vendor) risk managementMUST HAVE: Understanding of enterprise risk, operational risk, related control frameworks and practices, and regulatory requirementsMUST HAVE: Knowledge of banking products and operations preferredMUST HAVE: Strong analytical skills and ability to quickly grasp business needs and objectives.Salary: Pay is dependent on knowledge, skills, abilities, experience, and location.

Sunflower Bank