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Operations - Third Party Risk Analyst, (Des Moines, IA, Hybrid)
  

Position Summary

The Third Party Risk Analyst is a member of the Vendor Risk Management team that monitors, evaluates and manages third-party supplier risk across GreatAmerica.  The selected candidate will develop a deep understanding of GreatAmerica’s third-party relationships throughout the entire relationship life cycle (including Planning/Risk Assessment, Pre-Contract Due Diligence, Contract Review & Approval, and Ongoing Risk Monitoring), as well as participate in monitoring, analysis and reporting on additional operational risk areas that impact GreatAmerica. The Third Party Risk Analyst works under minimal supervision to facilitate and lead the onboarding and monitoring of all of GreatAmerica’s third-party relationships in compliance with applicable legal and regulatory requirements and applicable GreatAmerica Policy.

Essential Functions

  • Responsible for performing third-party risk assessments for potential supplier engagements in accordance with GreatAmerica’s established policy and standards.
  • Collaborates with GreatAmerica supplier relationship owners to request required due diligence documentation for new supplier engagements and for ongoing due diligence for existing suppliers in accordance with GreatAmerica Policy.
  • Assesses and documents the sufficiency of due diligence documentation received from suppliers, including engaging with subject matter experts where appropriate.
  • Providing guidance to supplier relationship owners with respect to GreatAmerica’s standards and their application to specific supplier engagements, including recommendations with respect to potential risk mitigates/remediation plans.
  • Engages with supplier relationship owners in developing corrective action plans for supplier performance, incidents, and financial or business process deficiencies.
  • Ensures the timely update and maintenance of supplier information, due diligence documentation, and contracts.
  • Act as an operations resource in the development of process improvements, with a particular focus on helping to identify areas where changes can reduce the potential for errors and mitigate risks.
  • Provide training to team members with respect to GreatAmerica’s third-party supplier approval and monitoring processes.
  • Provide additional monitoring, analysis and reporting on other risk areas that impact GreatAmerica in coordinating with other members of the Vendor Risk Management team.

Position Qualifications

           

Competencies:

For all GreatAmerica team members:  Honesty/Integrity, Customer Oriented, Accountability, Tenacious, Communication Skills (Oral & Written), Adaptability

           

For this position: Detail Oriented, Accuracy, Research and Analytical Skills, Oral and Written Communication, Decision Making, Business Acumen, Time Management, Ability to Multitask and Prioritize, Resource Management

Education: Bachelor’s degree or equivalent work experiences

Experience: 2+ years of experience in third party risk management, contract management, risk management, audit and/or compliance.

Skills and Abilities

Computer Skills: Microsoft Office, Excel, PowerPoint, Vendor Risk Management software           

Other Requirements: Candidate must possess strong analytical skills, an ability to work independently, inquisitiveness about different aspects of GreatAmerica’s businesses, desire to help others, and interpersonal skills that allow the candidate to work collaboratively with both internal and external customers. 
This position is not eligible for sponsorship for employment authorization.