Third Party Risk Analyst

In this hybrid role based at our Chicago Headquarters you'll be responsible for the coordination of risk assessments, due diligence, and management of third-party relationships through ongoing performance and risk monitoring. Supports the day-to-day delivery of other third-party risk functions including process monitoring, reporting, and end-user support. Responsible for creating a number of reports provided to both internal and Board-level governance committees.

Essential Responsibilities

• Conduct compliance and information security risk assessments on prospective third parties
• Conduct periodic performance and risk reviews of existing third-parties
• Collaborate with business and various risk subject matter experts to address and/or mitigate identified risks
• Facilitate remediation for any third-party related operational issues
• Ensure third-party relationships adhere to company policies and are compliant with regulatory guidelines and industry best practices 
• Ensure new third-party due diligence and supporting documents are properly captured in the appropriate systems such as Supplier Information Management (SIM) system and the Governance, Risk and Compliance (GRC) system
• Manage recurring reports to be shared with the organization which will include risk ratings, policy exceptions, performance and other risk management key performance indicators (KPIs)
• Ensure business needs, questions, and concerns are addressed with accuracy and thoroughness, and within specified time frames; review complex requests and work to resolution in an equitable manner; ensure actions are conducted in an ethical and professional manner

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives. 

The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.

Education

Minimum - 4 Year Bachelors Degree in Business, Finance or Related

Years of Experience

Minimum - 1 Year Third-Party Risk Management, Information Security, Compliance or Related

In Lieu of Education

6 Years Third-Party Risk Management, Information Security, Compliance or Related

Compensation & Benefits:

Typical hiring range:‏‏‎ ‎ $57,500.00 to $89,500.00‎ Annually. Actual compensation will be determined using factors such as experience, skills & knowledge. 

‎Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:

• Annual performance bonus
• Work from home up to 3 days a week
• Paid parental leave
• Employee discount programs
• Time off including paid personal and sick days
• 11 paid holidays 
• Education reimbursement

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.