Strategic Vendor Risk & Compliance Analyst

Willmar Lakes Area Chamber of Commerce; Northern (KY); Hybrid; USD 70,000 - 110,000; Full time

Job summary

Citizens Alliance Bank is seeking a Vendor Management Analyst to support its Third-Party Risk Management program by maintaining a complete vendor inventory and providing independent risk-based oversight across the vendor lifecycle.

The role collaborates with business units, Compliance, Information Security, and Risk Management to assess vendor risk and uphold an effective oversight framework. Strong analytical skills and meticulous attention to detail are essential.

Responsibilities

• Conduct initial and ongoing due diligence reviews for third-party vendors.
• Review financial statements, SOC reports, cybersecurity assessments, BCPs, insurance, and other documentation.
• Assess vendor risks across operational, compliance, reputational, strategic, and information security.
• Track ongoing monitoring and due diligence reviews.
• Assist with vendor contract and service agreement reviews.
• Track contract renewals, expirations, and termination requirements.
• Ensure contracts meet regulatory risk management provisions.
• Maintain documentation for regulatory examinations and audits.
• Assist in responding to examiner and auditor requests.
• Maintain vendor management repository.
• Prepare reports for management committees and Board.

Skills

Vendor risk management

Due diligence

Contract review

Regulatory compliance

Data analysis

Education

High school diploma

Continuing education

Banking experience 3-5 years

Tools

Microsoft Suites

Job description

Citizens Alliance Bank is seeking a Vendor Management Analyst to support its Third-Party Risk Management program by maintaining a complete vendor inventory and providing independent risk-based oversight across the vendor lifecycle.

The role collaborates with business units, Compliance, Information Security, and Risk Management to assess vendor risk and uphold an effective oversight framework. Strong analytical skills and meticulous attention to detail are essential.