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Sr. Third Party Risk Analyst | Analyst in Other Job Job at Flagstar Bank in Troy MI | 7220795788

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Sr. Third Party Risk Analyst

Location:
Troy, MI
Description:

The Sr Third-Party Risk Analyst will support the Third-Party Risk Management Program to effectively manage third-party risk in accordance with internal policy, regulatory requirements and stakeholder needs. This position will do this by: building and maintaining policy and process to align with and support compliance with regulatory requirements and guidelines (OCC, FFIEC, FDIC, etc.) and internal Bank policies and procedures, support Coupa Risk Assess system optimization, controls, and data quality assurance, and the maintenance of procedures, desk guides/reporting and training/presentation materials. The Sr Third-Party Analyst will also be responsible for facilitating and assessing accurate third party information captured during due diligence; performing ongoing risk monitoring; supervising business unit ("BU") completion of the third party's performance through the score carding process, which reflect BU monitoring of performance and documentation of issues/follow-up action; and ensuring compliance with Bank/Corporate operating policies and procedures and Federal and State Regulations. Facilitation of the on-time completion of initial and recertification reviews including Third-Party Questionnaires, third-party financial reviews, third-party insurance reviews, summary reports, by risk classification and/or Exclusionary List reviews. - Complete ongoing Third-Party Risk and Performance monitoring activities including review of third-party performance scorecards by risk classification, BU follow-up, requesting and obtaining key third-party documents such as financial statements, certificates of insurance, and other reports. - Ensures compliance with applicable federal, state and local laws and regulations. - Completes all required compliance training. - Maintains knowledge of and adhere to Flagstar's internal compliance policies and procedures. - Takes responsibility to keep up to date with changing regulations and policies. - - Job Requirements: Bachelor's Degree required. Master's Degree in Business, Risk, or similar preferred. 6+ of demonstrated relevant track record of success in managing major third-party risk programs in a financial, banking, mortgage originations/servicing or related regulated organization. - This includes support of third party risk assessments and various tools within the financial industry (Archer, Rapid Ratings, Coupa, etc). - 5+ years working directly with regulators (OCC, FDIC, state regulators, etc.). - This includes; but is not limited to, working within heightened standards within regulations as a large banking institution within the financial industry and are highly regulated. - Strong interpersonal, communication, presentation, negotiation skills with strong influencing and persuasive talents. Self-motivated, takes initiative and has the ability to effectively organize, multi-task, and prioritize a wide-array of initiatives and consistently deliver timely results. Strong working knowledge and experience with OCC, FFIEC and/or other regulatory guidelines and requirements. Experience working with a wide variety of client bases both internal and external. High integrity and ethics. Excellent project management skills. Proficient in Microsoft Word, Excel, PowerPoint and Outlook.
Company:
Flagstar Bank
March 30 on TopUSAJobs
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More About this Listing: Sr. Third Party Risk Analyst
Sr. Third Party Risk Analyst is a Other Jobs Analyst Job at Flagstar Bank located in Troy MI. Find other listings like Sr. Third Party Risk Analyst by searching Oodle for Other Jobs Analyst Jobs.