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We are looking for a Third Party Risk Analyst to support vendor risk evaluation activities for a contract position based in Columbus, Ohio. This role focuses on guiding prospective vendors through the assessment process, analyzing inherent and residual risk, and helping the business make informed decisions about third-party engagements. The ideal candidate brings strong analytical judgment, advanced Excel capability, and hands-on experience within third-party risk or enterprise risk management environments.
Job Responsibility
Coordinate the onboarding of prospective vendors by initiating and managing third-party risk assessments from intake through completion
Review vendor information to determine risk exposure levels and assign appropriate ratings based on established assessment criteria
Perform inherent risk and control evaluations to identify areas requiring deeper review or follow-up analysis
Escalate higher-risk findings when additional due diligence or supplemental assessments are necessary
Partner with internal stakeholders to gather documentation, clarify risk factors, and support timely assessment outcomes
Track assessment progress, organize findings, and maintain clear reporting using Excel and other available tools
Contribute to gap analysis activities by identifying weaknesses in vendor controls and documenting potential residual risk
Support enterprise risk management efforts by helping align third-party reviews with broader organizational risk standards
Requirements
At least 2 years of experience in a third-party risk, vendor risk, or a closely related risk management role
Demonstrated ability to conduct inherent risk reviews and evaluate control effectiveness
Strong Excel skills with the ability to analyze data, organize assessment details, and produce clear reporting
Working knowledge of residual risk concepts, enterprise risk management principles, and risk-based decision-making
Experience in business analysis and gap analysis within a compliance, risk, or governance environment
Strong written and verbal communication skills with the ability to work effectively across teams
Exposure to platforms such as Archer, Ariba, or Coupa is preferred but not required.
Nice to have
Exposure to platforms such as Archer, Ariba, or Coupa