Third Party Risk Analyst

Position Summary

The Third Party Risk Analyst is responsible for executing several core third party risk management processes and identifying issues and/or areas for improvement in efficiency or effectiveness for Technology Credit Union (Tech CU). The incumbent oversees vendor management, third-party risk, and related governance activities, including due diligence, insurance administration, records management, and compliance support. Additionally, this role provides assistance for other personnel in the areas of Enterprise Risk Management (ERM) which involves participating in the planning, organizing, and performing third party risk management activities and projects.

Responsibilities

Vendor Management and Governance

• Executes Third Party Risk Management program including policies, procedures, onboarding, ongoing due diligence and off boarding.
• Manages Tech CU insurance policies and completes renewal applications.
• Manages the offsite document storage and onsite shredding programs.
• Serves on Compliance Committee and prepares minutes.
• May participate in Tech CU governance committees.
• Provides excellent service to all Members and internal clients.

Systems Administration

• Serves as administrator or back-up administrator of several business software applications for the division including Compliance 360, Ncontracts and Nvendor.
• Establishes and maintains user access security levels, as appropriate.

Work Schedule

• Full-time; typically 40+ hours/week
• Flexible within core business hours, Pacific Time, M-F
• Occasional extended early morning or late evening hours, and weekends, typically with advance notice

Workplace Essentials

• Supports Tech CU’s Mission and Vision and consistently demonstrates Tech CU’s Values (Accelerate, Collaborate, Innovate and Cultivate).
• Meets with manager on a regular basis to discuss goal alignment, performance metrics, and development plans.
• Complies with Tech CU policies and procedures.
• Upholds employee Code of Conduct and Business Ethics and ensures confidentiality of the workplace.
• Complies with requirements imposed by federal, state and local agencies.
• Adheres to internal control and security measures designed to ensure regulatory compliance and mitigate losses and errors.

Qualifications

Education: Bachelor’s Degree in Business Administration, Finance/Banking, Risk Management/Compliance or related field (or equivalent experience).

Experience: 3+ years of experience in third‑party risk management, vendor management, compliance, or a related risk or governance function.

Knowledge/Skills/Abilities:

• Detail-oriented.
• Excellent organization, verbal, written, and communication skills.
• Proficiency with Microsoft Office applications, including Word, Excel and Outlook.
• Familiarity with third party risk management systems.
• Effective interpersonal skills and the ability to coordinate/communicate with individuals at all levels of the organization.
• Ability to balance risk management with customer service in everyday duties.

Licensing/Certifications: Third party risk management certification.

Travel: May be required to occasionally attend offsite training, meetings or events, typically with advance notice. Overnight travel unlikely.

Typical Working Conditions: Office environment with interaction with a variety of internal and external parties. May work remotely as determined by business need and individual performance.

Equipment Used: Routinely uses standard office equipment, including computer, phone, copier and other devices.

Physical Requirements: This position requires:

• Speaking and listening to interact with internal and external parties in person or via phone.
• Reading a computer screen and performing keyboarding tasks for up to 70% of the day.
• Sitting at desk and/or conference table for extended periods of time.
• Mobility to attend meetings within office building and offsite.

EQUAL EMPLOYMENT OPPORTUNITY

Technology Credit Union is an Equal Opportunity Employer. All qualified employees and applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetic information, age, disability, veteran status or any other legally protected basis. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Pay and Benefits

• Position Grade: 106
• Salary Range: minimum-$97,000, midpoint-$116,000, maximum-$135,000
• Work Location: The salary range listed is based on working in San Jose, CA. If you work remotely, your salary will be adjusted based on your geographic location.
• Typical Starting Pay: Most new hires start between the minimum and midpoint of the range (adjusted for work location if applicable), based on experience and qualifications.
• Bonus Potential: Target 10% of base salary based on company and individual performance

Tech CU is a pay-for-performance organization. We benchmark base pay to the 50th percentile of our market and offer incentive-based compensation tied to individual and company goals.

Tech CU offers a comprehensive benefits package, including:

• Health Coverage: Medical, dental, and vision plans
• Income Protection: Life and disability insurance
• Retirement: 401(k) plan with company match
• Paid Holidays: 12 days annually
• Paid Time Off (PTO):
• Accrues at 7.08 hours per bi-weekly paycheck (approximately 23 days per year)
• Increases with length of service
• Voluntary Time Off (VTO):
• 8 hours annually for full-time employees to support charitable organizations
• Additional Benefits:
• Flexible Spending Accounts
• Employee-paid voluntary benefits
• Leaves of absence in compliance with state and federal regulations