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Internship Third Party Risk Management Jobs in Baton Rouge, LA

STATE RISK ADJUSTER 5

Baton Rouge, LA ยท On-site

$4.0K - $8.0K/mo

... State's Third-Party Administrator (TPA), including monitoring desk examiners and litigation ... managing litigated claims, including your interaction with defense counsel, approving defense ...

Cost Accountant

Plaquemine, LA ยท On-site

$35 - $42/hr

... third-party billing transactions in a timely and accurate manner. โ€ข Manage credit release tasks and support credit risk-related decisions by reviewing account status and payment activity. โ€ข ...

STATE RISK ADJUSTER 5

Baton Rouge, LA ยท On-site

$4.0K - $8.0K/mo

About this Job The Division of Administration/Office of Risk Management has a vacancy. This job ... State's Third-Party Administrator (TPA), including monitoring desk examiners and litigation ...

Software Engineer

Baton Rouge, LA ยท On-site

$55K - $70K/yr

... manage their information security program and supplement it with third-party validation and testing. TraceSecurity's suite of information security services includes IT risk assessments and audits ...

Vice President of Technology

Baton Rouge, LA ยท On-site

$150K - $188K/yr

Develop and maintain a comprehensive cybersecurity program, including risk management, incident ... partners, and other third-party technology resources. * Establish and monitor technology ...

Vice President of Technology

Baton Rouge, LA

$150K - $188K/yr

Develop and maintain a comprehensive cybersecurity program, including risk management, incident ... partners, and other third-party technology resources. * Establish and monitor technology ...

... management and patients. JOB DUTIES: * Reconcile payments with outstanding claims. * Track and post payments received from insurance companies, patients, or other third-party payers. * Communicate ...

Billing Payment Poster

Clinton, LA ยท On-site

$14 - $21.18/hr

... management and patients. JOB DUTIES: * Reconcile payments with outstanding claims. * Track and post payments received from insurance companies, patients, or other third-party payers. * Communicate ...

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Internship Third Party Risk Management information

What is the difference between Internship Third Party Risk Management vs Third Party Risk Analyst?

AspectInternship Third Party Risk ManagementThird Party Risk Analyst
CredentialsTypically pursuing or recent graduate, no formal certification requiredBachelor's degree often required; certifications like CTPRP beneficial
Work EnvironmentInternship setting, supervised, entry-level tasksFull-time professional role, analytical and risk assessment tasks
Employer & Industry UsageInternship programs in finance, banking, or corporate sectorsFinancial institutions, corporations, and consulting firms

Internship Third Party Risk Management is an entry-level, supervised role for students or recent graduates gaining exposure to third-party risk processes. In contrast, a Third Party Risk Analyst is a full-time professional responsible for analyzing and managing third-party risks, often requiring relevant education and certifications. Both roles are essential in risk management but differ in experience level and responsibilities.

What is an Internship in Third Party Risk Management?

An internship in Third Party Risk Management involves assisting organizations in identifying, assessing, and mitigating risks associated with their external vendors or partners. Interns typically support tasks such as conducting due diligence, reviewing vendor contracts, monitoring compliance, and helping to develop risk assessment reports. This position provides hands-on experience in risk analysis, compliance procedures, and understanding regulatory requirements related to third-party relationships. It's an excellent opportunity for students interested in risk management, compliance, or supply chain management to gain practical skills and industry knowledge.

What types of tasks and responsibilities can I expect during an internship in Third Party Risk Management?

As an intern in Third Party Risk Management, you can expect to support the team in assessing, monitoring, and mitigating risks related to external vendors and partners. Typical tasks may include conducting due diligence reviews, assisting with risk assessments, updating databases, and helping prepare reports for senior management. You may also collaborate closely with procurement, compliance, and information security teams to ensure that third-party relationships align with company policies and regulatory requirements. This hands-on experience is valuable for understanding risk management processes and building cross-functional communication skills.

What are the key skills and qualifications needed to thrive as an Internship Third Party Risk Management, and why are they important?

To thrive in an Internship Third Party Risk Management role, you need a background in finance, business, or risk management, with strong analytical and research skills. Familiarity with risk assessment tools, vendor management systems, and Microsoft Excel is often required. Attention to detail, effective communication, and problem-solving abilities are important soft skills that set candidates apart. These competencies are crucial for accurately identifying and mitigating risks associated with third-party vendors, ensuring organizational compliance and security.
What are popular job titles related to Internship Third Party Risk Management jobs in Baton Rouge, LA? For Internship Third Party Risk Management jobs in Baton Rouge, LA, the most frequently searched job titles are:
What job categories do people searching Internship Third Party Risk Management jobs in Baton Rouge, LA look for? The top searched job categories for Internship Third Party Risk Management jobs in Baton Rouge, LA are:
What cities near Baton Rouge, LA are hiring for Internship Third Party Risk Management jobs? Cities near Baton Rouge, LA with the most Internship Third Party Risk Management job openings:

Deputy Chief Risk Officer

Investar Bank National As

Baton Rouge, LA โ€ข On-site

Full-time

Posted 16 days ago


Job description


Job Function โ€“
Supports the Chief Risk Officer (CRO) by managing enterprise-wide risk, overseeing risk frameworks, developing policies, monitoring Key Risk Indicators, reporting to Board and Management, and implementing strategies that align with Investar Bankโ€™s risk appetite to achieve strategic goals. The Deputy Chief Risk Officer often acts as the Chief Risk Officerโ€™s second in command.

Job Responsibilities โ€“

Supports CRO in tactical and strategic management of the Enterprise Risk Management (ERM) Program.

Coordinates the development or revisions of policies, procedures and agreements to ensure compliance with regulatory processes, ensuring that deviations from policy are corrected and reported.

Supports areas of responsibility with regulatory management activities including exam readiness processes, exam preparation, evidence management and regulatory communications

Supports the CRO in establishing and continuously maturing the company's Enterprise Risk Management Program strategy, programs, functions, processes, staffing models, strategic roadmaps and other related program management functions.

Works closely with business units to design and implement risk mitigation strategies and controls to reduce the likelihood of identified risks.

Drives technology and innovations to support risk and compliance reporting enhancements and efficiencies.

Supports the CRO in directing the company's annual Risk Assessment Program that includes conducting annual risk assessments, executive risk reporting, risk appetite development with the Board of Directors, risk mitigation strategy development and ongoing risk monitoring through Key Risk Indicator (KRI) development and reporting.

Monitors and reports on a broad range of advanced risk measures (such as stress testing, value-at-risk, risk factor sensitivity analysis, and other measures) to enable the risk management department to have a comprehensive understanding of risk positions, market conditions and the impact of new initiatives.

Manages and supports various enterprise risk programs, including Model Risk Management, Third Party Risk Management, Data Governance, and Business Continuity/Disaster Recovery.

Develops methods to quantify and measure various types of risks and use these quantitative models and tools to estimate potential losses and assess risk exposures.

Stays current with regulatory requirements and ensure Investar Bank's risk management practices align with the applicable laws and regulations.

Acts as second-in-command to the Chief Risk Officer, functioning as a Chief Risk Officer for the company when that authority is delegated.

All other duties as assigned.

Education and Related Experience โ€“

โ€ข Bachelorโ€™s degree in a related field or equivalent combination of coursework and work experience.

โ€ข Minimum of 7+ yearsโ€™ progressive experience in risk management, analysis and regulatory practice within banking or the financial services industry.

โ€ข OCC Regulatory or Financial Services Consulting experience desired

โ€ข MBA or other professional certifications such as FRM, PRM or CRCM are encouraged

Skills and Abilities โ€“

โ€ข Must possess strong communication, analytical, negotiation and presentation skills.

โ€ข Must be proficient at MS Office products such as Excel, Access, Power BI and PowerPoint

โ€ข Must have strong knowledge of portfolio management concepts and โ€œbest practicesโ€ in risk

management methods, i.e., value-at-risk and stress testing and in the use of advanced quantitative techniques, such as, but not limited to, Monte Carlo simulation, optimization, stochastic processes, term structure modeling, and econometrics.

โ€ข Must have the ability to independently formulate and draft balanced, well-reasoned recommendations and to present such recommendations persuasively to senior management.

Working Conditions and/or Physical Requirements โ€“

โ€ข Ability to work under stress and meet deadlines.

โ€ข Ability to operate a keyboard if required performing the essential job functions.

โ€ข Ability to read and interpret a document.

โ€ข Ability to travel if required to perform the essential job functions.

โ€ข Ability to lift/move/carry approximately 20 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department an โ€œundue hardshipโ€ then the employee must be accommodated; hence, omitting lifting as a physical requirement.

Equal Opportunity Employer/Veterans/Disabled