What are the responsibilities and job description for the Risk Analyst I position at InComm Payments?
Overview
When you think of InComm Payments, think of Innovative Payments Technology. We were founded over 30 years ago and continue to be a pioneer in the payment (FinTech) industry. Since our inception, we have grown to be a team of over 3,000 employees in 35 countries around the world. We own over 400 global technical patents and a network that includes over 525,000 points of retail distribution that points to our industry expertise.
InComm Payments works with the most recognized and valued brands in the world, and we are partnered with most of the world’s leading merchants. InComm Payments is highly focused on our people and their growth, and we work hard to make a career at InComm Payments meaningful and rewarding. We value innovation, quality, passion, integrity, and responsibility in all that we do, and we are looking for great people to join our team as we move forward towards a very bright future.
You can learn more about InComm Payments by visiting our Website or connecting with us on LinkedIn, YouTube, Twitter, Facebook, or Instagram.
About This Opportunity
The Vendor Risk Management (VRM) team partners with business units to assess and manage risks across the supplier portfolio, ensuring consistency, quality, and transparency. The VRM program is evolving to incorporate comprehensive risk assessment requirements for outsourcing activities worldwide. Our goal is to establish a centrally managed framework and process that empowers the business to achieve regulatory compliance, maintain visibility over third-party risk posture, and effectively manage risks throughout the onboarding and ongoing oversight of third-party vendors, while supporting agility in operations.
Responsibilities
The Analyst I, Vendor Risk works closely with vendor relationship owners to ensure all third-party vendors are appropriately assessed and documented in accordance with corporate policies, contractual obligations, and applicable regulations. Key responsibilities include:
When you think of InComm Payments, think of Innovative Payments Technology. We were founded over 30 years ago and continue to be a pioneer in the payment (FinTech) industry. Since our inception, we have grown to be a team of over 3,000 employees in 35 countries around the world. We own over 400 global technical patents and a network that includes over 525,000 points of retail distribution that points to our industry expertise.
InComm Payments works with the most recognized and valued brands in the world, and we are partnered with most of the world’s leading merchants. InComm Payments is highly focused on our people and their growth, and we work hard to make a career at InComm Payments meaningful and rewarding. We value innovation, quality, passion, integrity, and responsibility in all that we do, and we are looking for great people to join our team as we move forward towards a very bright future.
You can learn more about InComm Payments by visiting our Website or connecting with us on LinkedIn, YouTube, Twitter, Facebook, or Instagram.
About This Opportunity
The Vendor Risk Management (VRM) team partners with business units to assess and manage risks across the supplier portfolio, ensuring consistency, quality, and transparency. The VRM program is evolving to incorporate comprehensive risk assessment requirements for outsourcing activities worldwide. Our goal is to establish a centrally managed framework and process that empowers the business to achieve regulatory compliance, maintain visibility over third-party risk posture, and effectively manage risks throughout the onboarding and ongoing oversight of third-party vendors, while supporting agility in operations.
Responsibilities
The Analyst I, Vendor Risk works closely with vendor relationship owners to ensure all third-party vendors are appropriately assessed and documented in accordance with corporate policies, contractual obligations, and applicable regulations. Key responsibilities include:
- Collaborate with vendor relationship owners to maintain up-to-date records in the VRM toolset.
- Conduct pre-contract due diligence and post-contract monitoring tailored to each third party’s risk profile, geography, and business function.
- Ensure timely completion and accurate updates of third-party risk assessments; track and follow up on outstanding items.
- Monitor compliance with third-party management policies by reviewing reports and confirming required due diligence and monitoring activities are completed.
- Facilitate and support Subject Matter Experts (SMEs) in areas such as Data Privacy, Information Security, Business Continuity, and Compliance to execute due diligence processes.
- Implement and oversee vendor risk monitoring activities, utilizing established metrics and tools as required.
- Respond promptly to vendor risk management inquiries via email, phone, and Microsoft Teams.
- Minimum 3 years of experience in financial services, with 1-2 years specifically in risk management or vendor risk management (including risk assessment, control identification, and risk reporting).
- Experience in risk management, financial services, or related fields.
- Strong interpersonal, analytical, and problem-solving skills.
- Proven ability to manage multiple priorities efficiently.
- Effective communication skills for interaction with peers and cross-functional teams.
- Proficiency with Office365 tools and applications.
- This position is eligible for the Employee Referral Bonus Program - Tier III