Sr Vendor Risk Analyst, Operational RiskApply Now Full Job Title: Sr Vendor Risk Analyst, Operational Risk Job Number: R2102-22745 Location: Baltimore, Maryland Date Posted: 02/14/2021
OneMain Financial is the country’s largest lending-exclusive financial company, proudly serving millions of customers with safe, affordable, and transparent installment loans. Our customers turn to us every day—online and at 1,500 branches in 44 states—to help them take control and improve their financial lives with solutions for debt consolidation, medical expenses, household bills, home improvements and auto purchases. Our talented and dedicated team members constantly look for responsible ways to serve our customers when, where and how they want. It’s all about doing the right thing—a mission that hasn’t changed for more than 100 years.
We are seeking a Senior Analyst to support our Third Party Risk Management team in Baltimore, MD. In this critical role, the individual will execute OneMain’s Third Party Oversight program of high-risk third party relationships through creation of analytical scorecard reporting with a focus on KPI’s and prompt escalation of issues.
A successful candidate will expand their competencies and grow their business and industry acumen, as well as demonstrate the ability to work on complex processes or projects across the end-to-end project cycle. They will gain knowledge to suggest new answers to old questions, develop insights and push the traditional boundaries of the lending industry. Demonstrating initiative and motivation, this individual will also working independently holding themselves accountable for high levels of performance with minimal supervision.
Elicit and analyze third party risk and performance information from business stakeholders
Establish strong partnership with business stakeholders (Operations, Risk, Legal, Compliance, Cyber Risk) as well as internal functions to understand business processes and identify, manage, and mitigate risk
Analysis and presentation of third party performance issues or other risk concerns to cross-functional work groups as well as senior management
Coordinate and lead cross functional Third Party review meetings. Prepare presentation materials
Analyze a high volume of third party relationships and create reporting analysis
Conduct third party assessments of OneMain’s affiliate partner program and facilitate reviews with Legal and Compliance
Execute due diligence and ongoing monitoring of the affiliate partner program
Ensure compliance with OneMain’s Third Party Risk Management program, policy, and procedures as well as compliance with regulatory requirements
Enhance third party oversight processes and implement improvement initiatives
Assist with internal and external reviews as needed
Remain well-informed of changes to the regulatory environment and industry best practices related to management and oversight of third parties
Maintain and document changes to internal policies and procedures, including third party oversight and affiliate partner program procedures, and job aids
Provide project support and act as project manager for initiatives and projects
Bachelor’s Degree (required) with 2+ years of relevant experience; ideally in Vendor/Third Party Risk Management, Operational Risk and/or Compliance
Strong analytical skills with the ability to collect, organize, and analyze data with attention to detail and accuracy to analyze complex business data developing automated tools and help identify problems.
Proficiency in Excel (formulas and pivot tables), PowerPoint, Outlook and Word
Ability to identify, measure, monitor and analyze third party risk information
Strong communication, interpersonal and negotiation skills in order to gain trust and achieve business objectives
Ability to work in fast-paced ever-changing environment and the ability to juggle an array of tasks and individuals on tight timelines
Experience with third party vendor lifecycle and/or third party risk management process preferred
Familiarity with CFPB Bulletins 2012-03, 2016-02, and other related regulatory guidance, also preferred
Third Party Risk Management Certification or Operational Audit experience a plus
Because we want our team members to bring us their very best every day, we believe they deserve the right opportunities and benefits. That’s why we packed our comprehensive benefits package for full- and some part-timers with:
• Health and wellbeing options for team members and their dependents
• Up to 4% matching 401(k)
• Tuition reimbursement
• Continuing education
• Bonus eligibility
• Paid time off
• Paid volunteer time
OneMain Holdings, Inc. is an Equal Employment Opportunity (EEO) and Affirmative Action (AA) employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identify, national origin, age, marital status, protected veteran status, or disability status.