
Third-Party Risk Management Specialist
2 days ago
We are seeking a skilled professional to lead and deliver Third-Party Risk Management (TPRM) engagements.
About the RoleThe ideal candidate will be responsible for assessing vendor risks, driving compliance, and strengthening the organization's third-party risk framework.
Key Responsibilities- Lead and manage 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 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.
- Act as a point of escalation for complex third-party risks and provide strategic guidance for remediation plans.
- 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.
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