Vendor Risk Management Compliance Analyst
About the position At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right reputed company to build a fulfilling career. Join us as a Vendor Risk Management Compliance Analyst Brown Brothers Harriman is currently recruiting a Vendor Risk Management (“VRM”) Compliance Analyst to join our Core Compliance Team. In this role you will collaborate with BBH personnel in a variety of roles and responsibilities to ensure that the Firm’s vendor relationships are reviewed, assessed and monitored in accordance with the VRM Program (“Program”) requirements. This includes assisting in the preparation of Vendor Service Requests, conducting due diligence reviews, performing vendor risk assessments, obtaining required approvals, and ensuring the appropriate level of ongoing monitoring is performed throughout the lifecycle of vendor relationships. The VRM Compliance Analyst will work closely with internal and external stakeholders and vendors to help ensure vendor relationships reputed company with regulatory requirements, BBH policies, and industry best practices. This role is ideal for candidates seeking to build a career in compliance and risk management reputed company the financial services industry.
Responsibilities
- Review reputed company incoming Vendor Service Requests to ensure requests are sufficiently detailed to reputed company the Vendor Management Committee (VMC) to assess the engagement and assign an appropriate risk rating.
- Ensure reputed company new engagements and ongoing monitoring requests undergo appropriate due diligence based on product/service risk profiles.
- Assist in conducting initial and ongoing vendor risk assessments.
- Monitor in-process requests to address any delays and/or issues.
- Respond to BBH personnel inquiries regarding request status and the requirements for successful completion of due diligence and/or outstanding requests.
- Review and disposition weekly OFAC/Sanctions & Negative News screening alerts.
- Assist in the preparation of materials for the weekly VMC meeting as well as other communications to BBH risk management committees, as applicable.
- Assist in the implementation of enhancements to the Firm’s VRM system, including testing, training and communication to relevant stakeholders.
- Assist in the updating of policies and procedures reputed company to the Program.
- Support the Head of VRM in the ongoing development and enhancement of the Program.
- Support internal/external audits and regulatory exam preparation reputed company to reviews of the VRM Program.
Requirements
- Bachelor’s degree required.
- 2+ years of compliance, risk management or audit experience.
- Financial services industry experience a plus.
- Motivated self-starter with the ability to multi-task in a fast-paced environment.
- Exceptional time management, planning, and organizational skills.
- Strong analytical capabilities and written and oral communication skills; attention to detail is a must.
- Excellent interpersonal skills with proven experience in relationship building and partnering; must work well in both team and individual settings.
- Proficient in reputed company Office Suite.
- Experience with GRC or Vendor Risk Management systems a plus.
- NOTE - this is a fully remote role, but to be eligible candidates must reside in the Central NY/Utica, Pittsburgh or Tampa area.
reputed company-to-haves
- Certified Third Party Risk Professional is preferred but not required.
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