Third Party Risk Management Analyst

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Company: Varite USA

Location: Lehi, UT 84043

Description:

Pay Rate: $ 91.54 - $95.04

Preferred location: Lehi, UT. Also open for remote within US. (MST, PST, EST)

Duties:
  • Conduct risk reviews and identify potential vulnerabilities across a variety of risk domains for client's third-party ecosystem
  • ssist in project delivery of the TPRM module within Global Source to Pay transformation effort, including organizing the TPRM requirements, design & test the future state workflows
  • ssist with the offboarding of client's third parties no longer in use
  • Support the risk acceptance/mitigation governance process
  • Monitor the completion of risk mitigation activities by vendors and business owners
  • Own and manage various actions and task queues that will result from risk management and mitigation activities
  • Perform quality control & audit checks over TPRM program and third party or business owner responses
  • Provide inputs to help optimize risk review and due diligence processes to enable efficiency and scale operations
  • Seek opportunities to improve knowledge, skills, and performance by reviewing knowledge base content, practicing skills and being receptive to coaching and constructive feedback
  • Perform ad-hoc project-based work, including reporting and analyses as the need arises
Skills
Business Insight and Analysis:
  • Familiarity with TPRM and governance concepts
  • bility to serve as a change agent for the TPRM function across the organization
  • bility to analyze large datasets and uncover insights that lead to process improvements
  • bility to prioritize without oversight and to structure and deliver business optimization projects
Problem Solving Skills:
  • Demonstrate 'critical thinking': i.e. to analyze complex risk management issues, make decisions and solve problem self-sufficiently without management oversight
  • Passionate about rapid value creation through quick wins and long-term balanced value creation.
  • strong change manager with the tenacity to follow through to closure
Communication Skills:
  • Being a good communicator is essential to the role as we look to paint exciting visuals for overall project designs and operating models to influence partners and leadership.
  • s such having good interpersonal relationship skills, with an ability to influence a broad organization is key.
  • Being able to deal with ambiguity and work on your own initiative is a key success factor in this role.
Education:
  • Bachelor's degree in business, finance or related field; master's degree is a plus
  • Minimum of 2-5 years' experience in audit, risk management or compliance
  • Experience conducting audits, compliance or risk assessments, including ongoing monitoring of risk mitigation plans
  • Understanding of risk principles, concepts, and best practices, including risk assessment methodologies and reporting processes
  • Familiarity with third party risk management lifecycle.

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