About the Role
The Third Party Risk Analyst is a member of the Operational Risk Management team that monitors, evaluates and manages third-party supplier risk across GreatAmerica. The selected candidate will develop a deep understanding of GreatAmerica’s third-party relationships throughout the entire relationship life cycle (including Onboarding, Ongoing Risk Monitoring, and Offboarding), as well as participate in monitoring, analysis and reporting on additional operational risk areas that impact GreatAmerica. The Third Party Risk Analyst works under minimal supervision to facilitate the onboarding and monitoring of GreatAmerica’s third-party relationships in compliance with applicable legal and regulatory requirements and applicable GreatAmerica Policies
As a Third Party Risk Analyst, You Will
Responsible for reviewing and performing risk assessments for potential third party engagements in accordance with GreatAmerica’s established policy, standards, and procedures.
Collaborates with GreatAmerica third party business owners to request required due diligence documentation for new third party engagements and for ongoing due diligence for existing third parties in accordance with GreatAmerica policies and standards.
Assesses and documents the sufficiency of due diligence documentation received from third parties, including engaging with subject matter experts when appropriate.
Provides guidance to third party relationship owners with respect to GreatAmerica’s standards and their application to specific third party engagements, including recommendations with respect to potential risk mitigates/remediation plans.
Engages with third party relationship owners in developing remediation plans for third party performance, incidents, and issues.
Ensures the timely update and maintenance of third party information, due diligence documentation, and agreements.
Provides regular training to team members with respect to GreatAmerica’s third party review processes.
Provides monitoring, analysis and reporting on additional risk areas that impact GreatAmerica in coordinating with other members of the Operational Risk Management team.
Requirements
Education
- Bachelor’s degree or equivalent work experiences
Experience
- 2+ years of experience in third party risk management, contract management, risk management, audit and/or compliance
Skills And Abilities
Computer Skills
- Microsoft Office, Excel, PowerPoint, Vendor Risk Management software
Other Requirements
- Candidate must possess strong analytical skills
- Ability to work independently, inquisitiveness about different aspects of GreatAmerica’s businesses
- Desire to help others
- Interpersonal skills that allow the candidate to work collaboratively with both internal and external customers
About the Company
GreatAmerica Financial Services is a highly successful entrepreneurial company providing equipment financing to businesses across the United States. Our exemplary customer service, our principle-centered business philosophy and our team-based operating approach are key to our success and growth.