US Analyst - Third Party Risk Management

Crédit Agricole; New York (NY); On-site; USD 68,000 - 92,000; Full time

Job summary

Credit Agricole Corporate & Investment Bank is hiring for a Third Party Risk Management support role in New York, focusing on mitigating supplier risk and enhancing program quality. You will assist with risk assessments, onboarding verification, and data upkeep in the TPRM tool.

The position requires coordination with internal and external stakeholders, dashboard preparation, and Excel-based data QA to ensure accurate supplier data and timely risk reviews.

Qualifications

• Assist with Third Party Risk Management (TPRM) activities and processes.
• Coordinate with internal and external stakeholders to manage supplier risk.
• Support data quality and monitoring via TPRM tools and Excel.

Responsibilities

• Actively participate in all aspects of the Third Party Risk Management department and the continued evolution of the program, including automation initiatives and use of third party resources to improve the quality and efficiency of our risk assessment and mitigation processes.
• Assist with the Third Party Risk supplier risk assessment processes including following up with internal and external stakeholders.
• Ensure suppliers that have been on-boarded, have been on-boarded correctly, and that all supplier / relationship fields have been populated correctly.
• Validate that all vendor & beneficial ownership sanction screenings have been performed according to policy and have been uploaded into the TPRM tool.
• Assist with the Third Party Risk Management Steering Committee presentation deck and other presentations to senior management and committees.
• Update and manage the TPRM system as it pertains to third party risk assessments to ensure complete documentation, timely assessments, and accurate and valid supplier data. Perform quality assurance checks of the data in the TPRM tool by utilizing Excel, e.g., filters, sorting, pivot tables, vlookup functionality, etc.
• Create and track issues in TPRM Caution / Watch lists to address supplier concerns raised during the risk assessment process or by stakeholders, i.e., activity managers.
• Maintain the annual on-going monitoring of the inherent risk questionnaire (“IRQ”) launch schedule, and ensure due diligence questionnaires are launched when required.
• This position will work with the manager of the Third Party Risk Management team to help build out the quality assurance function within the department.
• Perform Internet research on third-parties as necessary.
• Assist otherGSP members in managing sourcing activities in relation to supplier evaluation and on boarding.
• Provide support on supplier on-boarding, monitoring, and off-boarding.

Tools

Excel

Job description

Group Overview

Credit Agricole Corporate & Investment Bank’s Global Sourcing and Procurement team is in charge of managing strategic sourcing, procurement, billing functions, corporate travel, as well as the Third Party Risk Management Program.

Third Party Risk Management Program is a process of governance to protect the bank from any potential risks of service suppliers and numerous elements are assessed including Business Continuity, Cybersecurity, Financials and Sanctions, etc. It mainly covers third party inherent risk identification, due diligence assessments, risk mitigation plan and on-going monitoring.

Summary

This position is to assist the TPRM Manager while working closely with internal and external stakeholders to manage and mitigate supplier risk.

Key Responsibilities

• Actively participate in all aspects of the Third Party Risk Management (“TPRM”) department and the continued evolution of the program, including automation initiatives and use of third party resources to improve the quality and efficiency of our risk assessment and mitigation processes.
• Assist with the Third Party Risk supplier risk assessment processes including following up with internal and external stakeholders.
• Ensure suppliers that have been on-boarded, have been on-boarded correctly, and that all supplier / relationship fields have been populated correctly.
• Validate that all vendor & beneficial ownership sanction screenings have been performed according to policy and have been uploaded into the TPRM tool.
• Assists with the Third Party Risk Management Steering Committee presentation deck and other presentations to senior management and committees.
• Update and manage the TPRM system as it pertains to third party risk assessments to ensure complete documentation, timely assessments, and accurate and valid supplier data. Perform quality assurance checks of the data in the TPRM tool by utilizing Excel, e.g., filters, sorting, pivot tables, vlookup functionality, etc.
• Create and track issues in TPRM Caution / Watch lists to address supplier concerns raised during the risk assessment process or by stakeholders, i.e., activity managers.
• Maintain the annual on-going monitoring of the inherent risk questionnaire (“IRQ”) launch schedule, and ensure due diligence questionnaires are launched when required.
• This position will work with the manager of the Third Party Risk Management team to help build out the quality assurance function within the department.
• Perform Internet research on third-parties as necessary.
• Assist otherGSP members in managing sourcing activities in relation to supplier evaluation and on boarding.
• Provide support on supplier on-boarding, monitoring, and off-boarding.

Salary Range

$80K