Third Party Risk Management Analyst II

If you are motivated and believe in the credit union philosophy of People Helping People join our team!

Position Overview:

The Third-Party Risk Management (TPRM) program provides strategic direction for TPRM governance & oversight due diligence lifecycle execution monitoring & reporting and program management across SECU in support of the Operational Risk Management framework. The program objective is to support business efforts to engage Third Parties to provide services to the membership.

The Third-Party Risk Management Analyst II helps ensure compliance with SECUs Third-Party Risk Management Program. This includes assisting with due diligence lifecycle execution monitoring & reporting and program management on request.

Essential Responsibilities:

• 60% - Due Diligence Lifecycle Execution. Work closely with assigned business lines to execute third-party risk management lifecycle activities in coordination with key internal stakeholders. Ensure timely analysis of due diligence documentation in consultation with third-party relationship owners subject matter experts and external partners. Ensure SECU due diligence requirements and documentation requests are effectively communicated to third parties. Ensure the adequacy of contingency plans for critical third parties which outline strategies for transitioning away from a critical third-party if needed.
• 10% - Monitoring & Reporting. Ensure ongoing monitoring requirements of existing third parties are sufficient to manage risks identified in the planning and due diligence phases. Support management reporting regarding performance issues identifiable risk exceptions and risk mitigation plans
• 10% - Program Management. Support maintenance of third-party relationship inventory files program software due diligence artifacts and related documentation. Work with key internal stakeholders (e.g. Project Management Privacy Procurement Compliance Accounting Legal Services IT GRC etc.) to review the third-party risk management lifecycle and implement changes where needed. Support communications with internal and external auditors during third-party risk management audits and examinations.
• 15% - TPRM Subject Matter Expertise. Develop and maintain a working knowledge of regulatory requirements and guidance along with industry best practices related to third-party risk management.
• 5% - TPRM Framework Management Support. Support the development implementation refinement and sustainability of SECUs third-party risk management governance framework.

Required Education & Experience (Knowledge Skills & Abilities):

• Associates degree via the North Carolina College Transfer Program (NC-CTP)
• Third-Party regulatory exposure including NCUA FFIEC CFPB OCC & FDIC
• 2 direct years of TPRM program experience
• Operational Risk Management program execution experience working across organization levels.

Preferred Education & Experience (Knowledge Skills & Abilities):

• Four-year degree
• CCUE Certification
• 5 years direct years of TPRM program experience
• Demonstrated ability to work independently
• Credit Union risk management experience

Job Environment & Physical Requirements:

• The position has a Hybrid schedule with at least 2 days / week in the Salisbury Street or Creedmoor Road offices

SECU provides equal employment opportunity to all qualified persons regardless of race color religion age sex sexual orientation gender identity national origin genetic information disability veteran status or other classification protected by law.

Disclaimer

State Employees Credit Union reserves the right to fill this role at a higher/lower level based on business need.