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Senior Vendor Risk Analyst Jobs in Minnesota (NOW HIRING)

Collaborates with senior and lead risk analysts on activities related to risk modeling ... Experience conducting vendor and project-based security risk assessments, including identifying ...

... vendors, warehouses and carriers to optimize both time & cost of getting the packages delivered ... Risk Analysts play a key role in the identification, interpretation, transformation, and ...

... vendors, warehouses and carriers to optimize both time & cost of getting the packages delivered ... Risk Analysts play a key role in the identification, interpretation, transformation, and ...

We are hiring for an exciting opportunity as a Fraud Risk Analyst 4 within U.S. Bancorp ... senior leadership * Ability to manage multiple priorities in a fastmoving environment ...

We are hiring for an exciting opportunity as a Fraud Risk Analyst 4 within U.S. Bancorp ... senior leadership * Ability to manage multiple priorities in a fast-moving environment ...

As a Risk Analyst Associate, you'll play a key role in supporting our construction and financial ... You'll manage project-based financial accounting, conduct job costing analysis, and process vendor ...

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Senior Vendor Risk Analyst information

What is a Senior Vendor Risk Analyst?

A Senior Vendor Risk Analyst is a professional responsible for evaluating and managing the risks associated with third-party vendors and suppliers. They assess vendor practices, review compliance with regulations, and ensure that vendors meet an organization's security and operational standards. This role often involves conducting risk assessments, monitoring vendor performance, and collaborating with internal teams to mitigate potential threats to the business. Senior Vendor Risk Analysts typically have a strong background in risk management, information security, and regulatory compliance.

What is the difference between Senior Vendor Risk Analyst vs Vendor Risk Analyst?

AspectSenior Vendor Risk AnalystVendor Risk Analyst
CertificationsCRISC, CISA, or similarEntry-level certifications or none
Experience5+ years in risk management or vendor assessment1-3 years in vendor risk or related fields
Work EnvironmentCorporate, financial, or technology sectorsSimilar industries, often entry-level roles
ResponsibilitiesLeading risk assessments, developing policies, mentoringConducting vendor evaluations, supporting risk processes

The main difference between a Senior Vendor Risk Analyst and a Vendor Risk Analyst lies in experience, responsibilities, and certifications. The senior role involves leadership, advanced risk assessments, and strategic planning, while the vendor risk analyst typically focuses on supporting assessments and data collection. Both roles are vital in managing third-party risks within organizations, but the senior position requires more expertise and oversight.

How does a Senior Vendor Risk Analyst typically collaborate with other departments in the organization?

A Senior Vendor Risk Analyst works closely with departments such as procurement, IT, legal, compliance, and business units to assess and manage third-party risks. Collaboration often involves gathering information on new and existing vendors, coordinating risk assessments, and advising on contract clauses to mitigate potential issues. Effective communication and relationship-building are crucial, as the analyst must ensure all stakeholders understand the risk landscape and their respective responsibilities. This cross-functional teamwork helps maintain a comprehensive risk management approach and supports organizational objectives.

What are the key skills and qualifications needed to thrive as a Senior Vendor Risk Analyst, and why are they important?

To thrive as a Senior Vendor Risk Analyst, you need expertise in risk assessment, vendor management, and compliance, typically backed by a bachelor’s degree in business, finance, or a related field. Familiarity with risk management frameworks (such as ISO 27001), third-party risk assessment tools, and certifications like CISA or CRVPM are highly valuable. Strong analytical thinking, attention to detail, and effective communication skills set candidates apart in this role. These skills are crucial to ensure organizational security, regulatory compliance, and the mitigation of risks posed by third-party vendors.
What are the most commonly searched types of Vendor Risk Analyst jobs in Minnesota? The most popular types of Vendor Risk Analyst jobs in Minnesota are:
What are popular job titles related to Senior Vendor Risk Analyst jobs in Minnesota? For Senior Vendor Risk Analyst jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Senior Vendor Risk Analyst jobs in Minnesota look for? The top searched job categories for Senior Vendor Risk Analyst jobs in Minnesota are:
Senior Analyst- Insurance and Risk Financing

Senior Analyst- Insurance and Risk Financing

Ameriprise Financial

Minneapolis, MN • On-site

$76K - $104K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 12 days ago


Ameriprise rating

7.8

Company rating: 7.8 out of 10

Based on 127 frontline employees who took The Breakroom Quiz

97th of 150 rated financial services


Job description

About Our Company


We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

As part of the Insurance and Risk Financing department, the Senior Risk & Safety Analyst provides enterprise-wide support across insurance, safety, compliance, and risk management functions. This role partners with business units and support functions to strengthen the firm's overall risk profile by supporting corporate risk transfer and risk financing programs, safety and compliance initiatives, and risk mitigation efforts. The position leverages data analytics, reporting, and the Risk Management Information System (RMIS) to help quantify operational risk impacts, manage loss and claims data, and develop insights to inform risk transfer, risk financing and risk mitigation strategies. Additionally, the role supports vendor risk management and contract administration, contributing to informed decision-making, effective risk oversight, and operational efficiency.

Key Responsibilities

  • Assist in the administration of corporate risk transfer and risk financing programs, including captive insurance company operations, insurance renewals, policy management, claims coordination, and exposure data collection.

  • Use data analytics, reporting, and RMIS to help quantify operational risk impacts, analyze loss and claims data, and develop insights that support risk transfer, risk financing, and risk mitigation strategies.

  • Administer and maintain the Risk Management Information System (RMIS) and prepare recurring and ad hoc reports and dashboards for internal stakeholders.

  • Support safety, regulatory, and compliance initiatives, including safety and ergonomics program administration, OSHA compliance requirements, and business continuity and emergency preparedness efforts.

  • Support vendor risk management and contract administration, including documentation, tracking, and invoice processing.

  • Collaborate with internal stakeholders to share risk and claims information and support informed decision-making and risk mitigation efforts.

Required Qualifications

  • Bachelor's degree, preferably in business, accounting or finance

  • 3 - 5 years finance, accounting or insurance/risk management experience, preferably in a corporate environment

  • Financial/analytical reporting skills preferred, including proficiency in Microsoft Office

  • Excellent written & verbal communication skills

  • Ability to coordinate numerous internal & external parties and facilitate functional discussions under pressure

  • Demonstrated ability to prioritize workload and meet deadlines

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

Base Pay Salary

The estimated base salary for this role is $76,300- $104,900/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Business Support & Operations

Line of Business

FIN Finance

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.


What Ameriprise employees say

Pay

Benefits

Hours and flexibility

Workplace

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Ameriprise logo

About Ameriprise

Sourced by ZipRecruiter

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.

Industry

Funds, trusts and financial programs

Company size

5,001 - 10,000 Employees

Headquarters location

Minneapolis, MN, US

Year founded

1894

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