Third Party Financial Risk Analyst

Are you a highly analytical individual with a passion for mitigating financial risk? Do you thrive in a fast-paced environment and have a keen eye for detail? Truist Financial is seeking a Third Party Financial Risk Analyst to join our team. In this role, you will be responsible for assessing and managing third party financial risks to ensure the overall stability and success of our organization. We are looking for a driven and self-motivated individual with a strong understanding of financial risk management and a proven track record of delivering results. If you are ready to take on a challenging and rewarding role in a dynamic and collaborative environment, then we want to hear from you!

1. Conduct thorough and ongoing assessments of third party financial risks to identify potential vulnerabilities and develop effective risk mitigation strategies.
2. Monitor and analyze financial data and trends to identify potential areas of concern or improvement.
3. Collaborate with cross-functional teams to develop and implement risk management policies and procedures.
4. Review and evaluate third party contracts and agreements to ensure compliance with company policies and industry regulations.
5. Communicate and report on financial risk assessments and mitigation strategies to senior management and other stakeholders.
6. Stay informed on industry trends, regulatory changes, and best practices in financial risk management to continuously improve processes and procedures.
7. Conduct regular audits and reviews of third party financial activities to ensure compliance and identify potential areas for improvement.
8. Develop and maintain relationships with third party vendors and partners to ensure effective communication and collaboration in managing financial risks.
9. Provide guidance and support to other team members on financial risk management best practices.
10. Utilize data analysis and reporting tools to monitor and track key performance indicators related to financial risk.
11. Identify and escalate potential financial risks and issues to senior management in a timely and efficient manner.
12. Continuously assess and improve internal processes and procedures to enhance the overall effectiveness of financial risk management.
13. Adhere to all company policies, procedures, and regulatory requirements related to financial risk management.
14. Participate in special projects and initiatives related to financial risk management as needed.
15. Act as a subject matter expert and resource for the organization on third party financial risk management.

According to JobzMall, the average salary range for a Third Party Financial Risk Analyst in Charlotte, NC, USA is $65,000 - $85,000 per year. This may vary depending on factors such as experience, education, and specific job responsibilities. Additionally, salary may also be affected by the company size, industry, and location.

Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust Banks.