Third-Party Risk Analyst

Posted 19 May 2022
Location Houston, United States of America
Job type Contract
DisciplineAccounting & Finance

Job Description

Third-Party Risk Analyst

Location: Houston, TX


The Third-Party Risk Analyst will conduct third-party due diligence and monitoring activities on behalf of company operations in the US and provide assurance to management that business is conducted in accordance with the requirements of external regulators and internal corporate policies. This position requires extensive dialogue with traders, business representatives, business support teams, and external third parties. The ideal candidate is a self-starter, analytical, detail oriented, great communicator, and enjoys collaborating in a dynamic, fast-paced environment with a globally distributed team. This is an individual contributor role.

Responsibilities May Include:

  • Initiate and facilitate Anti-Corruption due diligence and sanctions reviews for third party relationships to ensure any relevant risks to the company are identified and mitigated.

  • Review and interpret third party documentation to determine nature of business and ownership structure.

  • Work with external third parties and internal business representatives as necessary to obtain due diligence documentation.

  • Assist with on-going monitoring duties, including analyzing and investigating potential sanctions screening matches and clearing alerts from screening tools.

  • Articulate due diligence requirements and the onboarding process to stakeholders at all levels of the organization and escalate red flags that require further investigation in a timely manner.

  • Provide ad hoc advice and guidance to other business areas i.e., Commercial, Marine, Lubricants and Specialties.

  • Coordinate with internal partners such as Contract Management, Credit and Master Data Group to ensure proper documentation and approvals are in accordance with internal controls and performed in SAP.

  • Ensure consistency with Company compliance policies, procedures, and standards.

  • Complete periodic reviews of existing third parties as necessary.

  • Assist with special projects including but not limited to risk assessments, investigations, and presentations.

Required Qualifications:

  • Bachelor’s degree

  • Exceptional analytical skills, with high attention to detail

  • Ability to multitask, manage multiple priorities and meet deadlines, often under pressure

  • Proficient with MS Office tools: Excel, Word, and SharePoint

  • Ability to collaborate and manage relationships across different businesses and functions

  • Legally authorized to work in the job posting country

Preferred Qualifications:

  • Bachelor’s degree; Accounting, Finance, Business, or related discipline.

  • Experience conducting anti-bribery due diligence and/or compliance/accounting/auditing background.

  • Experience with SAP.

  • Knowledge of relevant laws and regulations including the FCPA, UKBA and OFAC.

  • Experience synthesizing and analyzing large data sets and/or experience with Alteryx and Tableau.

  • Understanding of corporate structures and complex entity structures including identification of ownership.

  • Certified Fraud Examiner or Society of Corporate Compliance and Ethics member.

  • Understanding of the risks of operating in high-risk jurisdiction and with Politically Exposed Persons.

  • Excellent oral and written communication skills.

  • Self-starter who can work independently demonstrating personal drive and taking own initiative, yet can collaborate and work effectively in a team.