Vendor Management Risk Analyst

Thank you for your interest in a career with Centra. A career at Centra Credit Union is more than a job; it is an opportunity to make a meaningful impact in our Members’ financial lives and our communities. Centra was established in 1940 and is headquartered in Columbus, Indiana. Centra is ranked among the top five largest credit unions in Indiana and among the most financially sound institutions in the United States. Centra serves Membership throughout central and southern Indiana as well as other areas like Jamestown, NY and Whitakers, NC. Centra Team Members enjoy excellent benefits, an atmosphere that fosters family and work-life integration, a heritage of strong values, a high level of Team Member engagement in achievement of results, and the opportunity for growth with the Centra Family. Credit Unions are Not for Profit, Not for Charity, But for Service. If these are the things that matter to you then please read on, we look forward to hearing from you.

Centra Credit Union has an exciting opportunity for a motivated professional to join our team as a full-timeVendor Management Risk Analyst at our Corporate Headquarters in Columbus, Indiana.The Vendor Management Risk Analyst is responsible for assisting the AVP Risk Management in implementing and maintaining the Credit Union’s Vendor Management Program. The Vendor Risk Management Analyst works with Lines of Business and Vendors in timely assessment of appropriate third-party risks, obtaining necessary documentation, and performing ongoing analysis and oversight throughout the vendor relationship lifecycle.

At Centra, we approach compensation with care and integrity, ensuring our pay practices reflect local markets while honoring our commitment to our Team Members. The starting wage for this opportunity is $24.42 per hour. Hourly compensation is just one part of our total rewards approach. Eligible positions also offer a comprehensive benefits package designed to support you and your family.

ESSENTIAL FUNCTIONS: This position may be required to perform additional duties as requested. Reasonable accommodations may be made to enable individuals with disabilities to perform.

• Administers and performs responsibilities of the Vendor Management Program including vendor intake, risk assessments, due diligence, on-going monitoring and third-party termination.
• Partners with Lines of Business owners when establishing new third-party relationships to perform contract reviews, advise on terms and conditions of agreements and recommend appropriate mitigating controls. Escalates material or high-risk matters to AVP Risk Management.
• Coordinate vendor onboarding with vendor owners to determine vendor risk classification, obtain required documentation and communicate with corresponding departments impacted by third-party relationships.
• Conducts ongoing monitoring of vendor relationships, performance, and risk evaluations. Reports results of monitoring to Lines of Business including but not limited to upcoming renewals, terminations, vendor incidents, or outstanding on-going due diligence documentation. Escalate incidents or outstanding due diligence to leadership when appropriate.
• Coordinates vendor offboarding including documentation of service termination, communication with impact internal stakeholders, and confirming adequate removal of appropriate information, access, or system upon termination.
• Responsible for administration and maintenance of the vendor management software. Ensures the system is updated; vendor information is completed and track and provide troubleshooting support and mitigate issues.
• Provides guidance, training, tools and ongoing support to vendor owners.
• Supports Risk Management department on initiatives, projects, administration and other duties as needed and assigned.

EDUCATION & EXPERIENCE - (EQUIVALENT COMBINATION OF EDUCATION & EXPERIENCE WILL BE CONSIDERED):

• High School Diploma or General Education Diploma (GED)
• A minimum of one year up to three years of similar or related experience, including preparatory experience.

Centra Credit Union is an Equal Opportunity Employer.