Vendor Risk Management Specialist

2 weeks ago


Gurgaon, Haryana, India Ameriprise Financial Full time

Job Summary

This role will be responsible for managing the Vendor Financial Health Check, OFAC check, and participating in VRA calls and risk and security processes for Ameriprise Third Party Risk Management.

Key Responsibilities

  • Participate in risk and security processes for Ameriprise Third Party Risk Management.
  • Perform due diligence related to Third Party relationships, including performing Financial Risk Analysis, organizational information, and management of alerts.
  • Manage the administration and ownership of multiple tools like Rapid Ratings & Capital IQ for monitoring news and financial health.
  • Deliver financial risk analysis utilizing data and information from multiple financial health tools to form a position on financial stress and the associated impact to the business.
  • Review financial health developments/issues which may impact a vendor's ability to remain financially viable and support the business.
  • Schedule VRA Calls with the Security Teams (Information Security, Physical Security and Business Continuity), Line of Business and other stakeholders within the given stipulated time (SLA).
  • Facilitate the calls with Security Teams, Line of Business and other stakeholders. Publish meeting notes and requirements to business after the VRA Call within the given SLA.
  • Attend to various VRA related queries/concerns from different teams through e-mail/phone.
  • Assist and manage risk related documentation in GRC (Governance Risk and Compliance) applications like Archer, Ariba.
  • Assist business and other with tools (Archer) related queries.
  • Assist audit owners and other key stakeholders in interpreting the risks associated with Audit findings.
  • Support the delivery and documentation of Security reviews in line with Ameriprise Vendor Risk policies and procedures.


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