Senior Risk Analyst

6 days ago

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Logo of Varo Bank

Varo Bank

Mobile Banking • User Interface • Financial Services • Risk Management • Design Research

501 - 1000

Description

•The Sr. Risk Analyst will assist with the day-to-day management of the second line of defense Third Party Risk Management (TPRM) program. •The Sr. Risk Analyst plays a critical role at Varo and will be responsible for evaluating and managing third-party risks and supporting the TPRM Manager with additional program activities. •The Sr. Risk Analyst will carry out ongoing reviews of all third parties, identify operational risks and requirements, and challenge and monitor third parties’ ability to perform within risk appetite. •This role will partner with the first line of defense on the execution of program deliverables.

Requirements

•3-5 years of third-party risk management experience with a financial institution, a fintech company, or a provider to the financial services business sector •Risk assessment and due diligence experience with a particular focus on identifying risks and identifying and implementing solutions to remediate these gaps •Ability to conduct and report on testing of applicable controls that are in place regarding third-party service providers •Experience designing systems and workflows that support effective prioritization of monitoring Third Parties and work for the team •Experience assisting with a continually evolving risk-based monitoring program with a focus on automation and scalability •Experience working within a diverse environment with a wide range of cross-functional stakeholders •Experience managing multiple projects in a fast-paced, high-volume environment •Familiarity in dealing with regulators, particularly OCC, FDIC, and Federal Reserve Board examiners •Previous experience reporting to senior management, the Board, and/or Committees of the Board on the status of third-party risk management efforts •Experience with RSA Archer or similar GRC tool •CTPRP and/or CRISC certifications are highly preferred

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