Business Analyst

Job Description:

• Third-Party Risk Management Analyst Business
• Must have third party risk management experience
• Must have experience with databases & strong data analysis
• Must have risk & control experience
• Must have strong excel skills
• Big banking experience preferred
• Third Party Risk is a global, first line team within the TTS Operational Risk & Control group at Client and is responsible for developing, implementing firmwide programs, and overseeing the risks associated with the use of third parties and inter-affiliates.
• The team is also responsible for providing front to back connectivity to ensure third-party risk activities operate within Risk Appetite.
• The successful candidate will require a comprehensive understanding of third-party risk lifecycle management concepts with specific emphasis on Financial Market Infrastructure (FMI) and Agent Banks.
• As a Third-Party Risk Management Senior Analyst, you will be responsible for supporting the implementation of the Third-Party Management Policy across TTS.
• You will focus on implementing supplier level risk assessments and be required to execute various high visibility cross-functional projects by managing within the project plan and working with key partners.

Key responsibilities:

• Support the implementation of the Third-Party Management Policy and across TTS.
• Drive the completion of third-party risk assessments partnering with Business Activity Owners (BAOs) and internal functions.
• Data validation with TPM systems and remediation of discrepancies.
• Support project milestones and ensure local inventory is correct.
• Submission and tracking of business leveraged controls, including incremental third party control support.
• Contract data review, validation and manual migration to central system.
• Promote and deliver continuous training and awareness of the program to the TTS Business.
• Identify, monitor, track and escalate issues requiring remediation.
• Ensure the program expectations are met and exceeded including risk assessments being performed in a timely and accurate manner.
• Build and maintaining an excellent relationship with TTS Business Activity Owners (BAOs), Enterprise Third Party Management, Operational Risk Management and other stakeholders.
• Assist in creating and submitting timely Governance updates on progress against plan, key issues identified and escalating accordingly.

Person specification:

• Does this role require registration? No

Knowledge, Experience & Skills:

• Minimum of 2 years of experience in Third-Party Management, with knowledge of assessing third party risk and associated control requirements within a global financial services organization.
• Minimum of 2 years of experience in project management, process improvement, change management, governance, and technology within regulated and complex environment.
• Excellent communication and interpersonal skills, including the ability to effectively interact with and influence management and lines of defense partners, as part of a global team and independently.
• Strong planning and organizing skills with the ability to manage and prioritize responsibilities through the effective use of time management and organizational techniques.
• Strong data analysis skills and high level of attention to details
• Proficient in MS Excel and PowerPoint