Vendor Risk Assessment Specialist

7 hours ago

Vadodara, Gujarat, India beBeeRisk Full time ₹ 15,00,000 - ₹ 28,00,000
Third-Party Risk Management Expert Needed

This role involves leading TPRM engagements, assessing vendor risks, and driving compliance to strengthen the organization's third-party risk framework.

  • Main Responsibilities:
  • Lead and manage Third-Party Risk Management (TPRM) engagements, including onboarding, due diligence, monitoring, and periodic risk assessments of vendors.
  • Conduct risk-based audits of third-party vendors to evaluate security controls, regulatory compliance, and data protection measures.
  • Develop and maintain frameworks for vendor risk assessment, scoring, and reporting aligned with organizational Governance, Risk & Compliance (GRC) requirements.
  • Collaborate with internal stakeholders, including procurement, legal, risk, and compliance teams, to ensure consistent risk evaluation practices.
  • Implement and manage GRC tools and platforms to streamline TPRM workflows and automate reporting.
  • Prepare detailed reports, dashboards, and executive summaries for senior leadership and audit committees.
  • Track regulatory updates and industry best practices to enhance TPRM policies and frameworks.
Additional Responsibilities for Senior Manager:
  • Lead a team of risk consultants and provide technical mentorship, training, and quality reviews.
  • Manage large-scale TPRM transformation programs, including implementation of GRC solutions.
  • Act as a trusted advisor for senior stakeholders and CXOs, ensuring alignment between business objectives and risk mitigation strategies.
  • Drive continuous improvement by introducing innovative risk assessment methodologies and automation initiatives.

Required Skills and Qualifications:

  • Strong understanding of TPRM principles and practices.
  • Excellent communication and stakeholder management skills.
  • Ability to analyze complex data and develop strategic recommendations.
  • Experience with GRC tools and platforms.

Benefits:

  • Opportunity to work in a dynamic and growth-oriented organization.
  • Chance to develop expertise in TPRM and make a significant impact on the organization's risk management strategy.
  • Collaborative and supportive work environment.

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