Research shows that individuals from historically underrepresented groups may hesitate to apply for roles unless they meet every listed requirement. If you believe your skills, knowledge, and experience align with the role, even if they don't exactly match the listed qualifications, we encourage you to apply. Your unique talents may be exactly what we're looking for.
The Senior Third-Party Risk Analyst will conduct complex third-party due diligence and monitoring activities on behalf of Stellar Bank. This role helps ensure the bank's third-party relationships, including vendors and critical service providers, are effectively managed and compliant with the requirements of external regulators and internal policies. This position requires extensive dialogue with business representatives, support teams, and external third parties at all levels. The ideal candidate is a self-starter, analytical, detail oriented, great communicator, and enjoys coaching and collaborating in a dynamic, fast-paced environment.
ESSENTIAL DUTIES AND RESPONSIBILITIES - Lead comprehensive third-party due diligence reviews, proactively identifying, evaluating and mitigating potential risks.
- Leverage advanced risk assessment methodologies to ensure thorough and strategic analysis, safeguarding the organization against critical vulnerabilities.
- Engage with external third parties and internal teams to gather, evaluate and interpret due diligence documentation, applying critical judgement to ensure thoroughness and adherence to standards.
- Analyze and assess documentation to strategically determine the nature of relationships, ensuring comprehensive understanding and compliance.
- Support on-going monitoring activities by proactively analyzing, investigating and resolving alerts, takes ownership of escalated cases, coordinating with relevant stakeholder to address and mitigate potential risks.
- Articulate due diligence requirements and the onboarding process to stakeholders at all levels of the organization.
- Provides support and assistance to analysts to enhance their analytical skills and foster continuous improvement.
- Collaborate with other business areas to ensure holistic risk coverage.
- Complete periodic reviews of existing third parties as necessary.
- Compliance with any and all BSA/AML/CFT and Sanctions requirements set forth by Bank Policy and Procedure, including but not limited to timely completion of assigned training.
SECONDARY DUTIES The position performs duties specific to the position and other functions as assigned by management.
SUPERVISORY RESPONSIBILITY This position is not responsible for the supervision of staff.
ENVIRONMENT AND PHYSICAL ACTIVITY The incumbent is in a non-confined office setting in which they are free to move about at will. In the course of performing the duties and responsibilities of this position spends time writing, speaking, listening, lifting (up to 25 pounds), sitting, typing on a computer keyboard, and standing, kneeling and reaching.
The incumbent for this position may operate any or all of the following: telephone, copy and fax machine, adding machine, computer and related printers.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential function of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The incumbent in this position must be able to read documents or instruments, detailed work, problem solving, customer contact, reasoning, math, verbal and written communication, analytical reasoning, multiple tasks with constant interruptions.
MINIMUM REQUIREMENTS These specifications are guidelines based on the minimum experience required to perform the essential functions of the job. Individual abilities may result in some deviation from these guidelines:
- Bachelor's degree in accounting, finance, business, or related discipline.
- 5+ years of experience conducting due diligence and/or legal/compliance/auditing experience.
- Proficient with MS Office tools: Excel, Word, and SharePoint.
- Ability to collaborate and manage relationships across different businesses and functions.
- Ability to provide support, mentoring, and peer review to junior staff.
- Certified Compliance & Ethics Professional, or holder of other relevant certification.
- Advanced knowledge of relevant laws, regulations and agencies (FDIC, OCC, TDB, OFAC).
- Experience synthesizing and analyzing large, complex data sets using Excel, Power BI.
- Advanced awareness of the risks related to Information Security, Cybersecurity and IT.
- Ability to multitask, manage multiple priorities and meet deadlines, often under pressure.
Stellar Benefits: We believe that empowering people goes far beyond the workplace. That's why we've designed our benefits to help foster your health and prosperity, so you can best support yourself, your loved ones and your communities
- Health Care Coverage, no waiting period
- Dental/Vision
- STD/LTD
- Annual Performance Bonus Eligible
- 401K with company match
- Paid Vacation
- Volunteer days
- Travel Stipend
- Tuition Assistance
- And More
What it Means to Be Stellar: Stellar Bank came to be in 2023, when Allegiance Bank and CommunityBank of Texas joined forces. What emerged was a financial institution like no other. Stellar bankers set the standard for responsive, relationship-based community banking. We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks. Our customers see us as a vital part of the team. We are their financial experts who go above and beyond to help them form a plan and get it done
Join Stellar Bank and, yes, you'll be providing outstanding banking. But you'll be achieving something much greater. At Stellar, we empower people to thrive. This is our purpose. This would be your purpose. Here you'd be part of a supportive culture where relationships bond, individuals grow, communities prosper and careers flourish. You can make a difference at Stellar - for yourself and for everyone around you.
Stellar Bank does not discriminate on the basis of race, color, religion, national origin, sex, disability, familial status or any other characteristic protected by applicable federal, state, or local laws, regulations and ordinances.