Third Party Risk Analyst II

Posted:
9/10/2024, 9:43:23 AM

Location(s):
San Antonio, Texas, United States ⋅ Texas, United States

Experience Level(s):
Mid Level

Field(s):
Operations & Logistics

Job Description

It’s about insights that are out of sight.

Do you want the autonomy to improve processes and find solutions? Does diving into a 1,000-piece puzzle and placing all the pieces excite you? Do you have a knack for paying attention to all the small details? If so, being a Third Party Risk Analyst II with Frost could be for you.

At Frost, it’s about more than a job. It’s about having a flourishing career where you can thrive, both in and out of work. At Frost, we’re committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you’ll become part of Frost’s over 150-year legacy of providing unparalleled banking services.

Who you are:

As a Third Party Risk Analyst II with Frost, you are our risk navigator. In this role, you will drive execution of required TPRM Lifecycle requirements and on-boarding activities for third party relationships with a low or moderate inherent risk rating that include inherent risk questionnaires, due diligence, ongoing monitoring, termination, and contractual reviews. More than that, this role is about constant improvement and doing so with our signature all-win approach in mind.

What you’ll do:

  • Analyze and implement metrics, tools, and processes to optimize sourcing and third-party value, and collaboration with Frost stakeholders to prioritize and drive implementation in department
  • Implement long and short-term third-party risk management strategy and grow relationships to support attainment of Line of Business objectives and goals
  • Support the TPRM Program by partnering with first and second lines of defense to monitor third-party’s ability to deliver against contractual requirements and service level agreements 
  • Always take action using Integrity, Caring, and Excellence to achieve all-win outcomes

What You’ll Need:

  • Bachelor’s degree, or equivalent experience in a related field
  • 4+ years of experience in supply chain management, vendor/third-party risk management, or related industry
  • 4+ years of experience with relevant regulatory compliance, industry regulations and regulatory data sources such as the FFIEC, OCC, Federal Reserve Board, CFPB, etc.
  • Proficient knowledge of relevant business processes, regulatory compliance requirements, budget controls, supply chain management, and project management
  • Demonstrated experience in analyzing and interpreting data, and in strategic and operational planning
  • Excellent communication skills with proven ability to drive solutions across all organizational levels

Additional Preferred Skills:

  • Demonstrated experience in aiding stakeholders to define requirements and draft service level agreements

Our Benefits:

At Frost, we care about your health, your family, and your future and strive to have our benefits reflect that. This includes:  

  • Medical, dental, vision, long-term, and life insurance
  • 401(k) matching
  • Generous holiday and paid time off schedule
  • Tuition reimbursement
  • Extensive health and wellness programs, including our Employee Assistance Program
  • Referral bonus program + more!

Since 1868, Frost has dedicated their expertise to provide exceptional banking, investment, and insurance services to businesses and individuals throughout Texas. Frost is one of the 50 largest U.S. banks by asset size and is a leader is banking customer satisfaction. At Frost, it’s about being part of something bigger. If this sounds like you, we encourage you to apply and see what’s possible at Frost.