Third Party Risk Management Analyst
Contract Type: Contract
Posted Date: April 10, 2025
ECCO Select is a talent acquisition and consulting company specializing in people, process and technology solutions. We provide the talent behind the technology enabling our clients to achieve their goals. For more information about ECCO Select, visit us at www.eccoselect.com.
Position Title: Third Party Risk Management Analyst
Location Information: Hybrid-Dallas
Position Responsibilities:
•Perform comprehensive risk assessments on third-party vendors and service providers, focusing on financial, operational, compliance, and cybersecurity risks.
•Conduct detailed due diligence for vendor onboarding, including gathering and reviewing relevant documentation. Ensure that third parties comply with contractual obligations, regulatory requirements (e.g., GDPR, SOC, SOX), and company policies.
•Monitor and manage third-party adherence to security, privacy, and operational standards.
•Identify potential risks in third-party relationships and recommend corrective actions or termination where appropriate.
•Collaborate with internal stakeholders to implement risk mitigation strategies and track their effectiveness.
•Support the development, implementation, and enhancement of the company's third-party risk management (TPRM) framework.
•Assist in creating and updating policies, procedures, and tools for vendor risk management.
•Maintain accurate and detailed documentation of all third-party risk-related activities.
•Prepare and present periodic reports on third-party risk exposure, trends, and compliance issues to senior management.
•Partner with Legal, Procurement, IT, Compliance, and other internal teams to streamline third-party risk processes.
•Act as a point of contact for resolving vendor-related risk queries.
•Stay informed on evolving regulatory landscapes, industry trends, and best practices in third-party risk management.
Essential Skills, Experience:
• Bachelor’s degree in Business, Risk Management, Finance, or related field.
• 2–4 years of experience in vendor risk management, compliance, or a similar role.
• Strong analytical skills with the ability to assess vendor risks and recommend actionable solutions.
• Excellent communication skills, both written and verbal, with the ability to convey complex issues clearly.
• Proficiency in vendor risk management tools and Microsoft Office Suite.
Preferred:
• Certifications such as Certified Third-Party Risk Professional (CTPRP) or Certified Risk Manager (CRM).
• Experience with vendor risk assessments in highly regulated industries (e.g., banking, logistics, or security).
• Knowledge of data privacy laws and cybersecurity risk frameworks.
ECCO Select is committed to hiring and retaining a diverse workforce. Our policy is to provide equal opportunity to all people without regard to race, color, religion, national origin, ancestry, marital status, veteran status, age, disability, pregnancy, genetic information, citizenship status, sex, sexual orientation, gender identity or any other legally protected category. Veterans of our United States Uniformed Services are specifically encouraged to apply for ECCO Select opportunities.
Equal Employment Opportunity is The Law
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