Job Description

• Maintain strong understanding of the products, services, and activities of assigned business units or regions, as well as third party risk management principles and practices, and leverage that understanding to provide consulting, guidance and education to stakeholders throughout the third party lifecycle.
• Establish and manage risk dashboards and other reports for key stakeholders and help them understand and manage their third party portfolio from a risk perspective.
• Ensure third party adherence to company’s standards and contractual requirements via overseeing and/or directly performing remote and on-site assessments of third parties.
• Assess identified issues and coordinate with business relationship owners and other stakeholders to develop appropriate action plans and monitor to resolution.
• Understand customer and regulatory requirements related to assigned third party portfolio, and represent TPRM(Third-Party Risk Management) during internal, customer, or regulatory audits/assessments.
• Coordinate with business development and legal teams to ensure that commitments to customers regarding TPRM(Third-Party Risk Management) program capabilities are appropriate, inventoried, and managed.
• Support M&A due diligence activities related to supplier and other third party risk matters.
• Represent TPRM(Third-Party Risk Management) on business unit, regional, and/or risk function committees and working groups.
• Coordinate with Sourcing, risk functions, Legal, and Crisis Management teams to address vendor performance problems or third party incidents.

Required Knowledge, Skills, and Abilities