Junior Third-Party Risk Analyst — GRC & Banking Compliance

Berkshire Bank Company; Pittsfield (MA); On-site; USD 28,000 - 44,000; Full time

Job summary

Berkshire Bank is seeking a risk-focused professional to support Enterprise Risk Management in third-party risk assessment and documentation updates. You will partner with various business lines to ensure complete third-party profiles, accurate data capture, and compliant recordkeeping using the Archer GRC Platform.

Ideal candidates bring banking/customer service experience, strong organizational skills, and the ability to work independently or as part of a team in a fast-paced environment.

Qualifications

• Associate's degree in business or equivalent experience.
• Minimum 1+ years of banking and customer service experience.
• Experience in various risk management, compliance, and regulatory areas preferred.

Responsibilities

• Manage the third party profile and related record inventory through the collection of required due diligence and ongoing monitoring information from lines of business.
• Identify gaps in record and documentation quality and work with assigned lines of business to address necessary updates.
• Monitor the status of all open risk, control, and stakeholder assessments to ensure timely and accurate completion by the lines of business. Escalate past due assessments as appropriate.
• Track requested and open third party exceptions. Review regularly with lines of business the nature of the request and monitor progress of any remediation work being performed.
• Deliver excellent internal customer service by providing appropriate assistance to the various divisions of the Organization with the use and execution of the Archer GRC Platform. Solicit feedback from the business lines on suggested improvements. Provide training material to the business lines for reference.
• Assist the Third Party Risk Manager on any special projects as needed.
• Assume additional responsibilities and duties as necessary to ensure department objectives are met.
• Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one's duties.

Skills

Organizational skills

Time management

Attention to detail

Independent work

Creativity

Cross-disciplinary teamwork

Problem solving

Microsoft Office

Communication skills

Education

Associate's degree in business or equivalent experience

Job description

Berkshire Bank is seeking a risk-focused professional to support Enterprise Risk Management in third-party risk assessment and documentation updates. You will partner with various business lines to ensure complete third-party profiles, accurate data capture, and compliant recordkeeping using the Archer GRC Platform.

Ideal candidates bring banking/customer service experience, strong organizational skills, and the ability to work independently or as part of a team in a fast-paced environment.