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Vendor Risk Analyst 2 (Hybrid Role)

Summit Credit UnionCottage Grove, WI

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
On-site
Benefits
Health Insurance
Family/Dependent Health
Paid Holidays

Job Description

At Summit Credit Union, we believe in helping people achieve financial success while creating a workplace where employees feel valued, empowered, and connected. As a Vendor Risk Analyst II, you will play a key role in protecting the organization by supporting our enterprise-wide third-party risk management program and ensuring our vendor partnerships align with regulatory requirements, business objectives, and risk management standards.

What You'll Do

As a Vendor Risk Analyst II, you will:

  • Evaluate and assess third-party vendors during onboarding and throughout the vendor lifecycle.
  • Conduct vendor due diligence reviews and ongoing monitoring activities.
  • Identify, analyze, and communicate vendor-related risks to business stakeholders and leadership.
  • Ensure compliance with internal policies, regulatory requirements, and third-party risk management standards.
  • Partner with business units and vendors to develop and implement risk mitigation strategies.
  • Support vendor offboarding activities through established workflows and vendor management systems.
  • Maintain accurate records and documentation related to vendor risk assessments and reviews.
  • Foster strong relationships with internal stakeholders and external vendors while delivering exceptional service and support.

What You'll Bring

Required Qualifications

  • Bachelor's degree in Business Administration, Risk Management, or a related field; or an equivalent combination of education and experience.
  • Three or more years of experience in vendor risk management or a related risk management function.
  • Strong understanding of vendor risk assessment methodologies and due diligence practices.
  • Knowledge of financial industry regulations and guidance, including NCUA regulations, FFIEC guidance, and the Gramm-Leach-Bliley Act (GLBA).
  • Experience managing multiple priorities in a fast-paced environment.
  • Excellent analytical, critical thinking, communication, and organizational skills.
  • Proficiency with Microsoft Office applications and vendor management systems.

Preferred Qualifications

  • Certification in Vendor Relationship Management, such as Certified Regulatory Vendor Program Manager (CRVPM) Level 3, or equivalent certification.
  • Knowledge of business continuity and third-party resilience requirements.
  • Experience working within a financial institution or highly regulated industry.

What Success Looks Like

In this role, you will help ensure:

  • Vendors are thoroughly vetted and monitored throughout their lifecycle.
  • Risk assessments are completed accurately and timely.
  • Emerging risks are escalated appropriately to stakeholders and leadership.
  • Vendor relationships are managed proactively and effectively.
  • The credit union maintains a strong, compliant, and service-focused third-party risk program.

Our perks include:

  • Excellent health insurance options to support you and your family
  • 401(k) with employer match to help you invest in your future
  • Generous paid time off so you can recharge and live your life
  • Paid holidays and wellness-focused benefits
  • Opportunities for professional growth and leadership development
  • A people-first culture that values inclusion, purpose, and impact
  • And more benefits designed to support you-at work and beyond

Our Commitment

At Summit Credit Union, different makes us better. We are proud to be an Equal Employment Opportunity employer and are committed to building a diverse, inclusive workplace where everyone belongs and can do their best work.

Ready to help us manage risk while building strong vendor partnerships? Apply today and join a team dedicated to protecting and strengthening our organization for the future.

Additional Information

  • Physical Demands of Position: While performing the duties of this job, the employee is continuously required to stand, walk and sit, use hands and fingers. The employee occasionally must reach above and below shoulder level, and lift/push/pull and/or carry up to 40 pounds.
  • Environmental/Working Conditions: Works in a typical administrative setting with climate control and appropriate lighting. Saturday hours required.
  • Equipment Used: Computer terminal/PC, calculator, printer/copiers, telephone.
  • EEO Statement: At Summit Credit Union, we are committed to providing Equal Employment Opportunity regardless of race, color, religion, sex, age, national origin, disability, military and veteran status, sexual orientation, gender identity, marital status or any other characteristic protected by local, state, or federal law.  We embrace diversity and believe that inclusion is critical to our success as a credit union.  Different makes us better.  Employment decisions are made based on qualifications, merit, and business need.

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FAQs About Vendor Risk Analyst 2 (Hybrid Role) Jobs at Summit Credit Union

What is the work location for this position at Summit Credit Union?
This job at Summit Credit Union is located in Cottage Grove, WI, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Summit Credit Union?
Employer has not shared pay details for this role.
What employment applies to this position at Summit Credit Union?
Summit Credit Union lists this role as a Full-time position.
What experience level is required for this role at Summit Credit Union?
Summit Credit Union is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Summit Credit Union for this role?
Summit Credit Union offers following benefits: Health Insurance, Family/Dependent Health, Paid Holidays, Paid Vacation, Career Development, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Summit Credit Union?
You can apply for this role at Summit Credit Union either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.