Senior Third Party Risk Management Analyst

Company: Heartland Financial USA Inc
Location: Dubuque
Posted on: March 8, 2023

Job Description:

HTLF is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.HTLF is a diversified financial services company headquartered in Dubuque, Iowa. We deliver community banking at scale by powering our geographically diverse group of banks with technology, efficiency and strength - giving local decision-making the opportunity and insights to focus on customers and growth. Relationships have been the core of our company since its founding in 1981. We're deeply invested in the communities we serve, and that's why our clients choose us as their banking partners.What's different about a career at HTLF? We believe our employees and their diverse backgrounds, perspectives and skills are our greatest assets. We wouldn't be HTLF without the people with whom we surround ourselves and empower to enrich the lives of our customers, employees and communities. We're dedicated to making HTLF the best place to work - where your opinions are valued, your feedback and ideas are heard, and your opportunities for personal growth and professional development are endless.The TPRM team collaborates with business units (vendor owners) as well as other key risk groups (such as Credit Risk Management, Information Security, IT, Compliance, BSA/AML, Legal, PMO) in the initial assessment and ongoing oversight of third-party service providers. The Senior TPRM Analyst is responsible for ensuring that initial and ongoing due diligence on new and existing vendors is properly performed. This role also serves as the primary lead for assigned due diligence reviews and partnering with subject matter experts, stakeholders, vendor management, legal, and the vendor under evaluation. Senior Analyst is accountable for the day-to-day TPRM activities, supporting relevant stakeholders and preparing reporting of operational data and risk metrics. This professional will gather sufficient strategic, technical, and operational information from internal business units and external vendors to ultimately understand, communicate and document the risks associated with the vendor relationships.PRIMARY & ESSENTIAL RESPONSIBILITIES:

• Leading the TPRM onboarding and periodic review processes and leveraging information from internal and external resources to develop a description of third-party services and drive collaboration between SMEs and vendor owners.
• Performing third-party risk assessments by conducting and evaluating inherent risks questionnaires, vendor surveys, and assessing due diligence documentation following HTLF program standards, and formulating and providing effective challenge into the risk assessment process.
• Evaluating third-party's critical attributes to ensure appropriate risk rating is assigned and proper due diligence is applied.
• Responsible for administrating collaboration between internal business units and subject matter experts for any TPRM guidance needed.
• Facilitate and document kick-off and risk review meetings between vendor owners, subject matter experts, and stakeholders to present potential vendors and discuss due diligence, or issues.
• Leading the development and implementation of supplementary risk programs, operating plan strategies, procedures, templates, and forms.
• Conduct routinely reviews and reporting relating to TPRM lifecycle activities and key performance indicators (KPIs).
• Assist with preparing reporting of key risk indications (KRIs) to internal business partners, executive management, and other stakeholders (e.g., HTLF Board of Directors, regulators), including but not limited to the vendor population, risk distribution, ongoing monitoring/review status updates, issues aging, watch list reporting etc.
• Maintain and enhance the company's internal intranet site for Third-Party Risk.
• Lead TPRM training development and deliver educational activities to support and guide vendor relationship owners.
• Responsible for managing the TPRM's vendor management solution, user access provisioning, and program buildout into the system.
• Identify enhancements and process efficiencies to TPRM procedures to ensure the program aligns with regulatory requirements.
• Develop positive working relationships across the organization to promote Third-Party Risk awareness.
• Maintain acumen of Third-Party Risk methodology and requirements from regulatory bodies such as the Federal Reserve, FDIC, and OCC, as well as other information security and cybersecurity frameworks.SUPERVISORY RESPONSIBILITIES:This position does not have supervisory responsibilities.REQUIRED QUALIFICATIONS:EDUCATION:Bachelor's Degree in Accounting, Finance, Business or Project ManagementREQUIRED SKILLS & EXPERIENCE:
  • 2-3 years of risk management experience preferably in third-party risk.
  • 3-5 years in the financial industry preferably in banking.
  • Solid familiarity with third-party management frameworks, information security, and/or risk controls.
  • Experience using vendor management systems. Understating of legal and contract terminology.
  • Proficiency in Microsoft production applications such as Outlook, Excel, Word, PowerPoint, etc.
  • Strong organizational skills with the ability to multi-task and handle ad-hoc projects or requests.
  • Strong interpersonal skills with demonstrated ability to collaborate with employees throughout all levels of the Company.
  • Strong verbal and written communication skills.OCCUPATIONAL CERTIFICATION:CTPRP (Certified Third-Party Risk Professional) or other risk management certification is preferred.Scheduled Weekly Hours:40Time Type:Full timeThe targeted salary for this role is:$80,000.00You may also be offered incentive compensation, and benefits. Compensation may vary and is based on geographic location of the specific role as well as the skills and experiences of the selected candidate.

Keywords: Heartland Financial USA Inc, Dubuque , Senior Third Party Risk Management Analyst, Accounting, Auditing , Dubuque, Iowa