Sr. Analyst TPRM

When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Vendor Risk Assessments

·Review and challenge vendor purchase requisitions (PRs) to determine vendors that required enhanced vendor risk assessment and due diligence.

·Execute inherent risk questionnaires.

·Collect vendor documentation and coordinate with other first line control functions.

·Perform due diligence on vendor documentation to identify risks, gaps, or issues.

·Work with business unit to communicate risk and develop mitigating controls or action plans.

·Make decisions on risk items such as severity/impact, likelihood, and criticality.

·Escalate and report on material risk elements to business risk officers and leadership, as needed.

·Reviews work product and provides guidance to junior members on the Third-Party Risk and Oversight Team

·Work in collaboration with cross-functional teams to address information security policy/risk or compliance issues

Ongoing Monitoring

·Responsible for identifying and tracking continuous monitoring activities to ensure the risks associated with vendors has not changed or exceeded risk tolerance thresholds.

·Perform continuous monitoring on vendor population for external events or impacts.

·Manage task and remediation action plans for open risks to completion.

·Escalate past due items to senior leadership!

·Help develop and maintain a Client Relationship Management playbook.

·Update TPRM procedures to align with client TPRM guidelines.

Knowledge and Skills

·Familiar with third party risk regulations.

·Strong understanding of risk management principles

·Knowledge of banking products and services

·Past experience with performing vendor review for IT & Cybersecurity line of business.

·Understanding of vendor inherent risk questionnaires, review of due diligence documentation, and development of mitigating controls

·Strong communication skills and ability to deliver difficult messages

·Critical thinking and ability to use judgment

·Resilient and capability to adapt and adjust to changing requirements in a fast-paced environment

·Strong work ethic dedicated to getting the job done

·Ability to execute with little supervision or guidance

Education

·Bachelor’s degree in related discipline or equivalent combination of education and/or training.

·5-10 years of experience in a similar role in Third Party Risk Management, IT Risk, Enterprise Risk, or Internal Audit

·Banking experience preferred

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Equal Employment Opportunity

Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.