Third Party Risk Analyst, Specialist

Provides intermediate level risk evaluation of third party vendors and external parties based on the Vanguard's operational and strategic risk methodologies and framework. Supports the review of third party risk operations, assesses compliance with third party risk policies and framework, and provides support and training to business partners.

Core Responsibilities

• Supports the development and maintenance of the operational risk methodology to evaluate and monitor third party risks through continuous review and application, sharing of best practices and benchmarking analysis. Drafts third party risk management policies, standards and procedures. Supports regular review of third party risk technologies and suggests improvements.
• Serves as primary point of contact for internal clients to implement and maintain best practices. Coordinates with internal stakeholders on third party risk initiatives. Develops training materials and facilitates training with internal clients. Supports oversight of internal partners to ensure adherence to third party risk policies.
• Conducts initial review of third party risk assessments and escalates issues to other stakeholders as needed to address issues identified in assessment process.
• Supports the development of third party risk metrics and reports on results to internal stakeholders. Ensures proper retention of all required documentation.
• Under guidance of senior risk analysts, collaborates with other teams to inform and escalate risk issues and events and stay current with the risk management frameworks.
• Participates in special projects and performs other duties as assigned.

• Minimum of five years related work experience. Risk management experience preferred.
• Undergraduate degree or equivalent combination of training and experience.
• Professional Certification (CPA, CIA, CISI, MBA) preferred.