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Vendor Management Risk Analyst II

First Interstate Bank
paid time off, 401(k), retirement plan
United States, Idaho, Boise
Feb 26, 2025
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

This position may be located at any of the First Interstate Bank offices in Arizona, Idaho, Iowa, Kansas, Missouri, Montana, Nebraska, North Dakota, Oregon, South Dakota and Wyoming.

What's Important to You

We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

  • Generous Paid Time Off (PTO) in addition to paid federal holidays.
  • Student debt employer repayment program.
  • 401(k) retirement plan with a 6% match.
  • The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve, and why we want YOU to be a part of it.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

SUMMARY
The Vendor Management Risk Analyst II provides direct engagement with initial and ongoing management of vendors associated products and services of the Bank under the Enterprise Risk Management group. This position will ensure vendor compliance with quality standards or regulatory requirements established by the government or by the Bank.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Works with all areas of the organization to select vendors, provides ongoing review of vendors, facilitates the gathering of expired documentation, and promotes positive working relationships with vendors.

  • Anticipates and identifies problems related to third party vendors.

  • Participates on virtual teams as a technical resource, accounting for vendor related tasks and keeping appropriate business units informed on issues, remediation status, and overall performance.

  • Recommends enhancements to existing policies and procedures to meet changing business landscape and challenges.

  • Obtains and reviews third party documents (SOC2, security policies, financials, compliance, etc.).

  • Performs contract reviews of proposed changes to security requirements in our third-party contracts.

  • Provides periodic training to various business, service, and technology teams regarding procedures, roles, and responsibilities associated with these areas completing inherent and residual risk questionnaires.

  • Serves as the subject-matter expert for third party and vendor risk management.

  • Provides assistance with special projects as assigned.

  • Resolves most questions and problems and refers only the most complex issues to higher levels.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

KNOWLEDGE, SKILLS AND ABILITIES

  • Excellent interpersonal skills while interfacing in person and via telephone.

  • Ability to work independently and to prioritize projects and responsibilities.

  • Ability to be flexible, as priorities change and as needs arise to assist other department colleagues.

  • Possess initiative, good judgment, and timely follow-up skills.

  • Strong organizational skills and attention-to-detail.

  • Ability to read and comprehend simple instructions, short correspondence, and memos.

  • Ability to read procedure manuals.

  • Ability to write simple correspondence.

  • Ability to effectively present information in one-on-one and small group situations to clients, and other employees of the organization.

  • Ability to handle client inquiries, concerns, and complaints in a polite and effective manner.

  • Ability to effectively communicate with supervisor.

  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.

  • Ability to compute rate and percent, and to draw and interpret bar graphs.

  • Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.

  • Ability to deal with problems involving several concrete variables in standardized situations.

  • Ability to acquire knowledge of investments, securities and/or trust laws, procedures and policies and the ability to comply with such laws, procedures, and policies.

EDUCATION AND/OR EXPERIENCE

  • Bachelor's Degree from a four-year college or university required

  • 1-3 years experience in vendor management, project management, and/or equivalent combination of education and experience required

PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

  • Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently

  • Sitting - Frequently

  • Standing - Occasionally

  • Noise Level - Moderate

  • Typical Work hours - M-F (8-5)

  • Regular and Predictable Attendance - Required

**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
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