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Analyst - Third Party Risk Management - job 1 of 19

This is a fulltime position at Visa for Visa’s Third-Party Lifecycle Management team.  The Analyst, Third Party Risk Program, will complete third-party risk assessments for acquired entities, support change management, validate supplier arrangements to ensure program and regulatory compliance expectations. This role involves partnering with key stakeholders to ensure effective risk management, regulatory compliance, and continuous improvement across the organization. In this role, you are expected to:

Complete End-to-End Third-Party Risk Assessments:

  • Execute end to end third party reviews across various business portfolios.
  • Collaborate with internal stakeholders and business partners to walk them through third-party risk assessment process.
  • Periodically report on supplier risk profiles to various internal business stakeholders.
  • Triage TLMP assessments to various team members based on volume and portfolio owner assignment.
  • Regularly report key risk metrics to senior leadership and stakeholders.

Support Change Management

  •    Drive organizational change initiatives to improve third party risk management practices.
  •    Develop and execute change management strategies to ensure successful adoption of new processes and technologies.
  •    Provide training and support to stakeholders to facilitate change.

3Support TLMP Acquired Entity Supplier Onboarding:

  • Collaborate with Acquired Entity stakeholders to onboard their supplier portfolio.
  • Connect with various Acquired Entity stakeholders to train appropriately on onboarding and assessment process.
  • Triage AE assessment volume to appropriate assessors.
  • Maintain regulatory compliance dependent on Acquired Entity location.

Key Competencies:

  • Third Party Risk Assessment Experience
  • Strategic Thinking
  • Problem Solving
  • Leadership and Team Management
  • Communication and Negotiation
  • Analytical Skills
  • Project Management

This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.

Average salary estimate

$75000 / YEARLY (est.)
min
max
$60000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Analyst - Third Party Risk Management, Visa

Join Visa's dynamic Third-Party Lifecycle Management team in Atlanta as an Analyst for the Third Party Risk Management Program! In this full-time position, you'll play a key role in completing third-party risk assessments for acquired entities while supporting change management initiatives that elevate our practices to new heights. Your day will include collaborating with internal stakeholders and business partners, guiding them through the thorough and vital third-party risk assessment process. You’ll be responsible for reporting supplier risk profiles to business leaders and ensuring compliance with program and regulatory standards. With your keen analytical skills and strategic thinking, you will help drive change management strategies that ensure the smooth adoption of our latest processes and technologies. This role isn’t just about the tasks; it's about forming impactful connections with teams across the organization as you facilitate onboarding of acquired entities' supplier portfolios. Do you thrive in a hybrid environment? Perfect! Expect a flexible schedule with office days confirmed by your Hiring Manager, allowing you to balance professional growth and personal life. If you have a passion for problem-solving, influence, and leading teams, this could be your next adventure at Visa.

Frequently Asked Questions (FAQs) for Analyst - Third Party Risk Management Role at Visa
What are the primary responsibilities of the Analyst - Third Party Risk Management at Visa?

As the Analyst - Third Party Risk Management at Visa, your main responsibilities include executing end-to-end risk assessments for third parties across different business portfolios, collaborating with internal stakeholders to ensure a thorough understanding of the assessment process, and periodically reporting on supplier risk profiles to senior leadership. You will also support change management by developing strategies, training stakeholders, and ensuring compliance with regulatory requirements.

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What qualifications are needed for the Analyst - Third Party Risk Management position at Visa?

Candidates for the Analyst - Third Party Risk Management role at Visa should ideally have experience in third-party risk assessment, strategic thinking, strong problem-solving capabilities, as well as proven leadership and team management skills. Excellent communication, negotiation, analytical skills, and project management experience are also crucial for successfully navigating the responsibilities of this position.

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How does the Analyst - Third Party Risk Management at Visa support change management?

In the Analyst - Third Party Risk Management role at Visa, you will drive change management initiatives aimed at enhancing third-party risk management practices. This involves developing and executing effective change management strategies, providing training to stakeholders, and supporting the successful adoption of new processes and technologies throughout the organization.

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What skills and competencies are essential for the Analyst - Third Party Risk Management role at Visa?

Key skills and competencies for the Analyst - Third Party Risk Management role at Visa include strong third-party risk assessment experience, strategic thinking abilities, problem-solving skills, effective leadership and team management, excellent communication and negotiation skills, analytical prowess, and adept project management capabilities to thrive in this dynamic environment.

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Is the Analyst - Third Party Risk Management at Visa a remote work position?

The Analyst - Third Party Risk Management position at Visa is a hybrid role. While specific in-office days will be confirmed by your Hiring Manager, you will enjoy the flexibility of a remote work environment, promoting a balanced work-life integration while contributing to Visa's mission.

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Common Interview Questions for Analyst - Third Party Risk Management
Can you describe your experience with third-party risk assessments?

When answering this question, highlight your previous roles involving third-party risk assessments, detailing specific projects and outcomes. Be sure to mention tools you've used, methodologies applied, and your success in identifying and mitigating risks.

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How do you prioritize tasks in a changing work environment?

It’s essential to demonstrate your organizational skills and adaptability. Discuss how you assess the urgency and impact of tasks, perhaps using a prioritization matrix or a digital tool to manage your workload effectively in a fast-paced environment.

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How would you approach onboarding suppliers for acquired entities?

Explain your structured approach to onboarding, highlighting steps like engaging key stakeholders, providing adequate training, and ensuring compliance. Share any relevant experiences you’ve had and how you overcame challenges in past onboarding processes.

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What strategies do you use for effective change management?

Detail your strategies for change management, such as involving stakeholder feedback and establishing clear communication channels. Illustrate with examples of past initiatives where you successfully led change and the outcomes that followed.

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How do you ensure regulatory compliance during third-party assessments?

Discuss your understanding of compliance frameworks relevant to your role (e.g., GDPR, ISO standards) and the steps you take to stay updated on regulations. Offer examples of how you've ensured compliance in your previous roles.

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What methods do you use to analyze supplier risk profiles?

Talk about specific analytical tools or methodologies you've applied, such as quantitative analysis, qualitative assessments, or risk matrices. Give examples of how your analyses have contributed to decision-making.

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How do you handle conflicts among stakeholders during assessments?

Mention your communication and negotiation skills. Emphasize your willingness to listen and facilitate a resolution that aligns with compliance and risk management principles by illustrating this with a specific conflict you've resolved in the past.

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Can you give an example of how you’ve driven a project to enhance risk management practices?

Provide a concrete example of a project where you played a pivotal role. Include the challenges you faced, the collaborative efforts involved, the strategies you implemented, and the measurable results that followed from the project.

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What role does teamwork play in your work style?

Reflect on your ability to work collaboratively, citing specific instances where teamwork led to successful assessments or change initiatives. Highlight your respect for diverse perspectives and how teamwork enriches decision-making.

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How do you keep yourself updated on industry best practices in risk management?

Discuss your commitment to continuous learning—mentioning resources like webinars, professional organizations, certifications, or relevant literature that you follow to keep abreast of changes and advancements in third-party risk management.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, hybrid
DATE POSTED
April 4, 2025

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