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Weekend Third Party Risk Analyst Jobs in California

The Compliance Assessor of IT Risk & Compliance Management performs Security Risk Assessments on DIRECTV's 3rd party vendors. An assesment would typically involve the following tasks: Communicating ...

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Weekend Third Party Risk Analyst information

What is a weekend third party risk analyst?

Weekend Third Party Risk Analysts are professionals responsible for assessing, monitoring, and mitigating risks associated with third-party vendors or partners, specifically during weekend shifts. Their main tasks include reviewing vendor security practices, ensuring compliance with organizational policies, and responding to any incidents or issues that arise outside of regular business hours. They play a crucial role in maintaining an organization's security and regulatory compliance when regular staff may be unavailable. This job often requires strong analytical skills, attention to detail, and knowledge of risk management frameworks.

What are the key skills and qualifications needed to thrive as a weekend third party risk analyst, and why are they important?

To thrive as a Weekend Third Party Risk Analyst, you need a solid understanding of risk management, vendor assessment, and compliance frameworks, often supported by a relevant degree or experience in cybersecurity, finance, or risk analysis. Familiarity with risk assessment tools, GRC (Governance, Risk, and Compliance) platforms, and certifications such as CTPRA or CISSP is typically advantageous. Strong analytical thinking, attention to detail, and effective communication skills are essential soft skills for this role. These abilities are critical to accurately identifying, evaluating, and mitigating third-party risks, ensuring organizational security and regulatory compliance during off-hours.

What is the difference between Weekend Third Party Risk Analyst vs Weekend Vendor Risk Analyst?

AspectWeekend Third Party Risk AnalystWeekend Vendor Risk Analyst
CertificationsCertifications like CRCM, CRM, or FRM often preferredSimilar certifications, often including vendor management or risk certifications
Work EnvironmentFinancial institutions, banks, or corporations assessing third-party risks on weekendsOrganizations managing vendor relationships and assessing vendor risks during weekends
Industry UsageCommon in banking, finance, and regulated industriesUsed across various sectors including retail, healthcare, and technology

The Weekend Third Party Risk Analyst and Weekend Vendor Risk Analyst roles share similar responsibilities in assessing risks related to external entities during weekend hours. Both require knowledge of risk management, compliance, and vendor or third-party oversight. The main difference lies in terminology and industry usage, with the Third Party Risk Analyst often associated with financial institutions and the Vendor Risk Analyst more common in diverse industries. Both roles are crucial for maintaining organizational security and compliance during weekend operations.

What are the primary challenges a weekend third party risk analyst faces, and how can they be effectively addressed?

A Weekend Third Party Risk Analyst often deals with time-sensitive assessments and incident responses when fewer team members are available, which can make decision-making and escalation more challenging. They must be adept at independently analyzing vendor risks, documenting findings, and communicating urgent issues to relevant stakeholders. To succeed, it’s crucial to develop strong problem-solving skills, maintain clear communication channels, and be comfortable working autonomously while ensuring compliance with organizational risk policies.
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Enterprise Risk Management (ERM) Analyst

SAFE Credit Union

Folsom, CA • Hybrid

Full-time

Medical, Dental, Vision, Retirement

Re-posted 7 days ago


Job description

Salary Range: $110,000.00 - $120,000.00
Exact compensation may vary based on skill and experience.
 
Why SAFE?
SAFE offers so much more than just full medical, vision, dental, 401k matching, HSA, and FSA! Learn more about how we support our workforce!
  • Professional Development Opportunities: Offering training programs, workshops, and mentorship.
  • Recognition and Appreciation: Regularly acknowledging employee achievements and contributions.
  • Flexible Work Arrangements: Providing options for remote work and flexible scheduling.
  • Positive Company Culture: Fostering an inclusive, collaborative, and supportive work environment.
  • Career Growth: Clear paths for career advancement and internal promotions.
  • Work-Life Balance: Encouraging a healthy balance between professional and personal life.
  • Employee Empowerment: Allowing employees to make decisions and have autonomy in their roles.
  • Space of Belonging: ERGs, YOUnity Council and a focus around diversity, equity inclusion and belonging.  
  • Wellness Programs: Promoting physical and mental health through wellness initiatives and resources.
  • Strong Leadership: Having leaders who inspire, support, and guide their teams effectively.
  • Sense of Purpose: Creating a sense of mission and aligning company goals with employees' personal values.


POSITION PURPOSE

This position is responsible for supporting SAFE's Enterprise Risk Office. This position will be responsible for supporting the development, implementation, execution, and management of key programs  the Enterprise Risk Management program, Business Continuity Management, Information Assurance, and Vendor Risk Management.

 ESSENTIAL FUNCTIONS AND BASIC DUTIES

 Enterprise Risk Management

  • Support the development and execution of a comprehensive Enterprise Risk Management (ERM) program aligned with SAFE’s goals and risk appetite.
  • Assist in developing and refining ERM frameworks, methodologies, and tools to identify, assess, and mitigate risks across the enterprise.
  • Provide support in establishing and monitoring the risk appetite framework, ensuring its integration into strategic planning and decision-making processes. Execute activities related to the risk appetite framework, including tracking risk levels, assessing exposures, and implementing risk mitigation strategies.
  • Collaborate with line-of-business teams and support functions to integrate the ERM operating framework throughout the organization.
  • Help develop ERM education materials to promote a risk-aware culture, educating SAFE employees about the importance of risk management and their roles in the process.
  • Assist in developing standardized metrics and reporting systems to enable continuous monitoring of program goals.
  • Support the implementation of a comprehensive Key Risk Indicator (KRI) framework, including identifying and defining critical indicators to monitor and assess organizational risks. 

Business Continuity Management

  • Assist in the coordination of annual vendor management review process. 
  • Complete other duties and special projects, assigned. 
  • Assist in maintaining an effective business continuity program and assess the maturity levels of the program against goals. 
  • Facilitate and coordinate the completion of the Business Impact Analysis review process. 
  • Participate in developing and providing business continuity management awareness education to business partners. 
  • Participate in the creation, coordination, facilitation, and communication of business continuity exercises, including but not limited to table-top exercises, simulation testing, and full-scale exercises. 
  • Assist in evaluating the effectiveness of the disaster recovery planning and testing. 
  • Manage and Control SAFE’s business continuity software. 

Vendor Risk Management 

  • Assist with third-party risk assessments and due diligence reviews for new and existing vendors, including evaluation of financial, operational, cybersecurity, compliance, and reputational risks
  • Monitor vendor risk profiles and coordinate periodic reviews to ensure ongoing compliance with organizational policies, regulatory requirements, and risk appetite
  • Analyze vendor documentation, including SOC reports, financial statements, business continuity plans, information security questionnaires, and insurance coverage
  • Track and report third-party risk metrics, KRIs, assessment results, and remediation activities to management and risk committees
  • Partner with business units, and Contract Administrator, Info Sec, Compliance, and other teams to identify, assess, mitigate and monitor third-party risks throughout the vendor lifecycle
  • Support compliance with applicable regulatory guidance related to vendor management and third-party oversight, including NCUA requirements, by facilitating risk assessments, contract reviews, and documentation retention.

 

QUALIFICATIONS

Experience Required:       

Candidates should possess 3-5 years of relevant experience, or alternatively, equivalent education or risk management certification may be considered in lieu of experience.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

 

Required Knowledge:      

At least two years in a financial institution environment preferred.

 

Skills/Abilities:

  • Excellent verbal and written communication skills.
  • Excellent interpersonal, communication, and leadership skills, as success in this position depends on building rapport and credibility with multiple stakeholders across the organization.
  • Superior critical thinking and analytical skills.
  • Ability to research and interpret a variety of professional standards and regulatory guidelines for enterprise risk management areas.
  • Knowledgeable in major areas of credit union operations, and of the three lines of defense model, risk management principles, and Enterprise Risk Management (ERM) frameworks.
  • Ability to work independently, as well as part of department and project teams.
  • Must have strong prioritization skills and be able to multitask.
  • Proficient Excel skills.

 

WORK ENVIRONMENT/PHYSICAL DEMANDS SUMMARY

 LANGUAGE SKILLS

  • Excellent communication skills (verbal, written, listening skills, and empathy).
  • Expert ability to build relationships with other leaders, business partners, and stakeholders.
  • Ability to write reports, business correspondence, and procedure manuals.
  • Ability to effectively present information and respond to questions from groups of managers.

MATHEMATICAL SKILLS AND REASONING ABILITY 

  • Ability to interpret a variety of instructions furnished in written, oral, or schedule form.
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. 

  • While performing the duties of this job, the employee is regularly required to sit and talk or hear, and use hands to finger, handle, or feel objects, tools, or controls.
  • The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, kneel, crouch, or crawl.
  • The employee must occasionally lift and/or move up to 10 pounds.
  • Specific vision abilities required by this job include close vision.
  • The noise level in the work environment is usually moderate.

 

INTENT AND FUNCTION OF JOB DESCRIPTIONS

 

This is not necessarily an all-inclusive list of job-related responsibilities, duties, skills, efforts, requirements or working conditions.  All descriptions have been reviewed to ensure that only essential functions and basic duties have been included.  Peripheral tasks, only incidentally related to each position, have been excluded.  Requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions.  While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

 

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals.  However, no accommodation will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

 

Job descriptions are not intended as and do not create employment contracts.  The organization maintains its status as an at-will employer.  Employees can be terminated for any reason not prohibited by law.