Confidential · 2 days ago
Third Party Risk and Contracts Analyst
Jersey City, NJ
Full-time
Hybrid
Entry, Mid Level
$55/hr - $64/hr
3+ years expConfidential is looking for a Third Party Risk and Contracts Analyst to support their Internal Contract Management team within the Third Party Management Department. The role involves overseeing risk assessment processes, ensuring compliance with regulations, and collaborating with various stakeholders to document services exchanged between bank entities.
Staffing & Recruiting
Hiring Manager
Eric Lee
Responsibilities
Support Third Party Management Program for intra-group affiliates through driving framework evolution, ensure compliance with guidance and regulations, and implementation of industry best practices
Oversee risk assessment and due diligence processes and ensure they are properly performed for affiliates
Document all types of services exchanged between the different entities of the bank, ensure completeness of required sections within compliant template. Ensure every Internal Contract (IC) request is well documented for audit trail
Collaborate with business owners (sponsors) to fully understand the nature of their request
Liaise with different Subject Matter Experts (i.e., Legal, Finance, Tax, Compliance, Third Party Management Office, etc.)
Facilitate and manage the editorial, review, and proof-read process together with concerned Entity ensuring Agreements are written in a clear, concise, and precise manner, agreeable and understood by all parties involved
Monitor, review and update the team’s controls and perform various reconciliations
Maintain the electronic workflows for all new and revised ICs; assembling material for obtaining approval and final signatures
Monitor and update the IC Log to properly document any new changes that may arise
Coordinate with other regions to establish 'best practices'
Assist with regulatory remediation efforts, prepare reports, and address requests from internal audit and regulatory exams
Prepare PowerPoint Point presentations for ad hoc reporting
Qualification
Required
3+ years working experience in a major corporation
Bachelor's degree preferably in a business related field
Ability to build and maintain relationships with different stakeholders
Initiative, autonomy, self-motivated, self-starter
Attention to detail, ability to manage multiple undertakings at the same time and focus on priorities
Strong problem-solving and analytical skills
Actively seeking to further knowledge through training and experience
Strong work ethic and ability to deal with confidential information
Experience working successfully in a multicultural environment
Effective verbal and written communication skills
Expertise and experience handling third parties contracts and relationships
Analytical skills to work with multiple databases
Candidate must be able to evaluate the services provided by vendors
The ability to identify risks and develop appropriate responses
Proficiency in Microsoft Office (Word, Excel, Powerpoint, PowerBi, Project)
Preferred
Preferred experience working in the financial industry, and in project management, implementing procedures & process improvements, performance metrics and reporting
Company
Confidential
Centralizing All Types Of Next Opportunities For You In One Place.
Vancouver, US
2-10 employeesFunding
Current Stage
Early StageCompany data provided by crunchbase