Third Party Vendor Risk Analyst - Corporate (Hybrid)

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Maintain Third-Party Vendor Management Program documentation and key process documents to ensure it reflects current regulatory guidance, best practices, and bank processes and align with the Bank's risk appetite.
• Performs daily, weekly, and monthly review, monitoring, and analysis of various vendor system reports and alerts.
• Performs risk assessments and assigns risk rankings of vendor relationships by analyzing due diligence questionnaire responses and vendor documentation.
• Completes contract assessments to ensure contract provisions are appropriate.
• Reviews vendor OFAC verification results and decisions potential OFAC matches.
• Prepares third-Party Vendor management risk reports, dashboards, and operational review metrics (KRIs) or other metrics for continuous improvement and monitoring.
• Refreshes annual Vendor Risk control self-assessment (RCSA), updating as needed to reflect any risk or process changes.
• Stay abreast of changes to federal and state banking laws and regulations affecting the Bank's Third-Party Vendor Management program.
• Develops and presents third-party risk management training and provides guidance to Bank staff on the expectations and requirements of the Bank's program.
• Compiles annual SOX request items as it relates to Third Party Vendor management program.
• Collects data and other information as required for audits and examinations.
• All other duties as assigned.

QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty efficiently and effectively. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
MINIMUM REQUIREMENTS:

• Bachelor's degree required from accredited college or university or four (4) years of equivalent experience.
• Familiarity with FFIEC Regulatory guidance.
• Ability to analyze processes to identify and document risk controls gaps or weakness.
• Outstanding computer skills, including the ability to master a variety of applications to produce effective reporting on trends.
• Ability to apply professional skepticism to business unit representations and apply an appropriate degree of audit evidence to support conclusions reached.
• Must have a knowledge of laws and regulations pertaining to assigned areas, and how these obligations relate to the role and comply with these laws and regulations.
• Proficiency in the use of Microsoft Office suite of products.
• Excellent written and oral communication skills.

PHYSICAL DEMANDS :
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit. The employee frequently is required to talk or hear. The employee is occasionally required to stand, walk, and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually very quiet.
Bank of the Sierra is proud to be an equal opportunity workplace and is an affirmative action employer committed to equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.