Third Party Risk Analyst

CrossCountry Mortgage, LLC; Cleveland (OH); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading mortgage lender in Cleveland is seeking a Third Party Risk Analyst to conduct risk assessments of vendors and ensure compliance with regulatory requirements. The ideal candidate will have a Bachelor's degree and 2+ years of experience in risk or vendor management. Responsibilities include managing risk assessments, tracking remediation plans, and collaborating with various departments to maintain vendor relationships. Competitive salary and robust benefits package included.

Benefits

Competitive compensation plan

Medical, dental, vision insurance

401(k) plan

Short-term disability insurance

Employee assistance program

Wellness program

Qualifications

• 2+ years of experience in third party risk management or vendor management.
• Understanding of mortgage industry regulations and investor requirements.
• Highly organized, efficient, and detail oriented.

Responsibilities

• Conduct risk assessments of new and existing vendors.
• Ensure compliance with mortgage industry standards.
• Manage comprehensive third party risk assessments.
• Identify operational and reputational risks.

Skills

Third party risk management

Vendor management

Mortgage operations

Compliance

Audit

Customer service

Microsoft Office Suite

Education

Bachelor's degree

Job description

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C., and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest‑growing private businesses and has received many awards for its standout culture.

A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.

CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401(k). We also provide company‑provided short‑term disability, an employee assistance program, and a wellness program.

Position Overview

The Third Party Risk Analyst is responsible for conducting risk assessments of new and existing vendors, ensuring compliance with mortgage industry standards and regulatory requirements, and collaborating with Vendor Management, Procurement, Legal, and business units to establish and maintain appropriate service level agreements (SLAs). This role maintains the vendor lifecycle by conducting reviews, tracking remediation plans and control gaps, and reviewing annual documentation updates.

Job Responsibilities

• Manage and oversee comprehensive third party risk assessments for new and existing vendors.
• Evaluate vendor compliance with mortgage industry standards, FNMA/FHLMC requirements, and regulatory requirements.
• Partner with Vendor Management, Procurement, Legal, and business units to ensure appropriate service level agreements (SLAs).
• Maintain the vendor lifecycle process including periodic reviews based on vendor’s risk tier.
• Track and follow up on vendor remediation plans, exceptions, and control gaps.
• Review annual documentation updates.
• Identify operational, financial, information security, compliance, and reputational risks to third party partnerships.
• Prepare and deliver clear reports for management, internal audit, and regulatory review.
• Ensure third‑party oversight aligns with mortgage‑specific requirements, including FNMA and FHLMC Seller/Servicer Guides, CFPB service provider expectations, and applicable privacy and information security regulations (GLBA and related laws).
• Support audit and regulatory examinations by providing documentation and explanations for third party risk controls.

Qualifications And Skills

• Bachelor’s degree.
• 2+ years of experience in third party risk management, vendor management, mortgage operations, compliance, or audit.
• Understanding of mortgage industry regulations and investor requirements.
• Highly organized, efficient, and detail oriented.
• Skilled in interpreting contract language, including termination clauses, licensing terms, and renewal structures.
• Excellent customer service skills, with a commitment to meeting the expectations and requirements of internal teams and external customers.
• Proficient in Microsoft Office Suite.

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com

CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com

California residents:

Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California applicants.

CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual’s association with a member of a protected group or any other characteristic protected by federal, state, or local law (“Protected Characteristics”). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self‑expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion.

CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org.