Risk Analyst jobs in West Fargo, ND

*Position is eligible for Remote / Work from Home Opportunity*

Department: Contract Administration
Telecommuting: Yes
Paygrade: E11

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Job Title

Third Party Risk Analyst

Job Summary

The Third-Party Risk Analyst is responsible for assisting and guiding the risk management function, including risk document management, risk qualification, contract negotiation, ongoing monitoring, and risk relationship management programs.

Essential Functions

Key Duties/Responsibilities/Accountabilities

• Collaborates with operational areas to ensures contractual obligations are met and sustained.
• Recommends and implements policies related to the oversight of third parties informing and training necessary internal teams and staff on new processes and procedures.
• Works with lines of business to execute third party/risk relationship management tools, processes and procedures including third party/risk scorecards, KPI tracking, and ensuring periodic risk reviews are completed.
• Support the standardization of the Third Party/Risk Relationship Management framework and recommend policy, procedure, and tool changes to improve effectiveness of the program.
• Manages day-to-day third party/risk relationships ensuring contract terms are fulfilled, third party/risk is mitigated, and invoicing is correct. Resolves disputes in professional manner to preserve relationships, as required.
• Collaborates with internal customers to conduct due diligence for third parties, facilitates the relationship, and creates third party action plans.
• Prepares and presents third party/risk management reporting focusing on service levels, risks, issues, proactively identified opportunities, and ideas for improvement.
• Creates standard operating procedures and communication around new processes and procedures.

Non-Essential Duties and Functions

• Other duties as assigned

Minimum Qualifications

• Bachelor’s degree in Business Administration, Business Management, or related field OR equivalent work experience as determined by HR.
• 4 years’ experience of third-party risk management, supply chain management, purchasing, audit, finance, or related field.
• Strong relationship management, negotiation, and problem-solving skills.
• Strong oral presentation skills.

Preferred Qualifications

Above requirements and the following:

• Bachelor’s degree in Business Administration or Risk Management.
• 5 years’ experience of third-party risk management, supply chain management, purchasing, audit, finance, or related field.
• Experience as an advisor.
• Strategic focus and analysis.

Environment and Cognitive/Physical Demands

• Office Environment
• Ability to read, hear, speak, keyboard, reason, communicate effectively and problem solve
• Requires prolonged sitting and telephone use
• Requires the use of office equipment such as computer terminals, telephones, copiers and printers
• Infrequent lifting to 15 pounds
• Infrequent stooping

Segregation of Duties

Every employee is responsible to perform their duties and responsibilities in accordance with Noridian values, policies and procedures, including but not limited to: Segregation of Duties Principles, HIPAA, Security and Privacy, CMS requirements, the Noridian Compliance Program and any other applicable laws, rules and regulations.

Statement of Other Duties

This document describes the essential functions, requirements, and responsibilities of this job, and is not intended to be a complete list of all tasks and functions. Employees may be requested to perform job related tasks other than those specifically listed in this description and may be required to perform any task requested by the supervisor or management.

Total Rewards Package:

Health, Dental and Vision Insurance, Voluntary Insurance Plans, Health Savings and Flexible Spending Accounts, 401k and Company Match, Company-paid Life Insurance, Education Assistance Program, Paid Sick Leave, Paid Holidays, Increasing PTO Accrual Plan, Medical/Parental/Disability Leave, Workers Compensation, Retiree Benefits, Severance Package, Employee Assistance Program, Financial and Health Wellness Benefits, Casual Dress, Open Office Setting, and Online Learning System.

CMS Access Compliance and Regulation Contingency Statement

Some positions require compliance with (if) federal and agency specific regulations and related clauses included in Noridian's prime contracts with the Government, (ii) background checks, and (iii) eligibility for a government-issued identification card.

Equal Employment Opportunity

Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities as well as Sexual Orientation or Gender Identity.

Other Information

Below is the salary range for potential new hires:

Salary Range: $52,120.20 - $85,724.33

Other Compensation: Incentive Plan

Lifestyle Benefit: $50.00

This job will be closed 04/24/2024 at 8:00AM CST. No further applications will be considered.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)