What are the responsibilities and job description for the Third Party Risk Analyst position at Central Payments?
At Central Payments, we build partnerships that drive innovation while ensuring security, compliance, and trust at every step. As a Third Party Risk Analyst, you’ll play a key role in protecting our organization by managing and strengthening our oversight of external vendors and partners. If you enjoy connecting dots across teams, analyzing risk, and supporting a culture of operational excellence, this role offers the perfect blend of collaboration and critical thinking.
What You’ll Do
- Lead and coordinate oversight activities within the Third-Party Risk Management (TPRM) program, including audits, initial and ongoing due diligence, and periodic risk assessments.
- Collect, review, and organize vendor documentation to support due diligence and ongoing monitoring.
- Maintain accurate risk profiles for third-party vendors, identifying and addressing areas of noncompliance or heightened exposure.
- Track and monitor third-party issues, ensuring timely documentation, escalation, and resolution.
- Prepare reports on risk assessments, oversight findings, and vendor performance for leadership and governance committees.
- Support enterprise-wide improvement initiatives by identifying process gaps and recommending enhancements.
Why You Should Join Us
You’ll be joining a collaborative compliance team that values curiosity, accountability, and innovation. In this role, you’ll have opportunities to build meaningful cross-department relationships, deepen your understanding of third-party governance, and contribute directly to Central Payments’ success as a leading Banking-as-a-Service provider.
What You Bring
- Strong communication and presentation skills with the ability to distill complex topics for diverse audiences.
- Analytical mindset with proven experience assessing and mitigating third-party risks.
- Deep understanding of TPRM frameworks, regulatory expectations, and lifecycle management.
- Exceptional attention to detail, organization, and follow-through.
- Ability to manage multiple priorities while maintaining a proactive, problem-solving approach.
- Collaborative spirit and confidence engaging with stakeholders at all levels.
Qualifications
- Bachelor’s degree in Business, Risk Management, or a related field—or equivalent experience.
- 2 years of experience in Third Party Risk Management, due diligence, or a related compliance/risk role.
- Working knowledge of KYB, BOI, due diligence, and third-party risk frameworks.
- Excellent analytical, organizational, and written communication skills.
- Ability to work both independently and collaboratively across teams.
What We Offer
- A hybrid work environment with flexibility.
- Opportunities for professional growth and development.
- A supportive team culture where your voice is heard and your contributions make an impact.