Third Party Risk Administrative Specialist

First Merchants Bank is seeking a Third Party Risk Administrative Specialist to join our team! This position will assist the Director, Corporate Contracts & Procurement in the administration and oversight of the Third Party Risk Management program as well as other procurement responsibilities.

Essential Duties & Responsibilities:

• Perform various administrative duties related to third party risk management.
  • Assist vendor owners in the timely completion of third-party risk assessments and due diligence reviews.
  • Includes scheduling meetings, input responses, coordinating with subject matter experts, and coordinating QC reviews.
  • Assist in third-party onboarding/offboarding. Includes scheduling meetings, input responses, coordination of notice mailing, etc.
  • Provide training and assistance to vendor managers responsible for meeting requirements of the program.
  • Monitor and track third-party performance and risk indicators.
  • Maintain documentation and evidence for risk assessments.
  • Reviewing contracts, service level agreements, and statements of work for date of importance and risk-related clauses.
  • Collaborating with internal subject matter experts such as legal, information security, compliance etc., as needed for assessment completion.
  • Participate in the quality control review processes (vendor classification, data classification, performance reviews, and due diligence assessments).
  • Assist in onboarding, classification, ongoing maintenance, assessment activities, and other data updates.
  • Assist in the onboarding/offboarding of contracts and related activities.
  • Handle multiple projects in a fast-paced team environment.
  • Prepare periodic reports.
  • Escalate concerns to the Procurement Director.
• Assist in preparing for third party risk management audits and exams.

To be successful in this position, we require the following:

• High school diploma or equivalent (GED)
• A minimum of two (2) years of related office administration experience

The following would be a plus:

• More than two years of experience in third party risk management
• CTPRP (Certified Third Party Risk Professional)
• CISA, CISSP, CRISC, or similar

First Merchants offers the following:

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

“We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging.”

Apply today to begin your career with us!