Third Party Risk Management

Job Description:

• The Third-Party Governance & Risk Analyst role will be positioned in the 2nd line of defense for third party risk.
• This role will be responsible for managing the monitoring of critical third parties for cyber, financial, and reputational health and actioning alerts as appropriate; development of metric and reporting to illustrate how our third parties are being managed as well as to provide insight into key drivers or risk and support strategic project initiatives to improve transparency and enhance program effectiveness.
• This individual will work closely with the Head of Third-Party Risk Management in US, key stakeholders across other risk teams in Sourcing, IT, Data Governance, and Cyber Security teams, and will have direct interaction with internal business partners.
• Perform monitoring of critical third parties for cyber, financial, and reputational health leveraging available tools (e.g., Security Scorecard, Credit Safe, etc.)
• Create and analyze various views of risks within the third-party portfolio and develop reports and insights into third-party risks and for updates to risk committees (e.g., KRIs, key risk drivers, data minimization results, etc.)
• Conduct third-party training and awareness and attestations of compliance
• Participate in risk mitigation projects by applying business process and technical knowledge and critical think ing – delivering on-scope, on-time. Projects such as data minimization activities.
• Work with stakeholders to understand potential solutions to exceptions and define roadmaps to execute.