Vendor Risk Management Leader

4 weeks ago


Bengaluru, Karnataka, India Flipkart Full time

Security Specialist Role Overview

We are seeking a seasoned Vendor Risk Management Leader to play a pivotal role in safeguarding our organization from third-party risks.

About the Role:

In this leadership position, you will be responsible for developing, implementing, and overseeing a comprehensive vendor risk management program. You will lead a team of professionals in identifying, assessing, mitigating, and monitoring risks associated with our third-party vendors.

Key Responsibilities:

  • Develop and maintain a robust vendor risk management framework aligned with industry best practices and regulatory requirements.
  • Lead the development and execution of vendor risk assessments, including due diligence processes, risk identification, and mitigation strategies.
  • Oversee the implementation of a vendor onboarding process that ensures proper vetting and risk controls are in place.
  • Manage a team of risk professionals, providing coaching and mentorship to develop their expertise.
  • Continuously monitor vendor performance and identify potential risks, implementing appropriate controls and mitigation strategies.
  • Maintain strong relationships with key stakeholders across the organization, fostering collaboration and communication regarding vendor risk.
  • Stay abreast of evolving vendor risk management trends and regulations, ensuring the program remains effective.
  • Report on vendor risk management activities to senior management, providing insightful analysis and recommendations.

Qualifications:

  • Minimum of 10 years of experience in Vendor Risk Management and GRC, ideally within a similar industry.
  • Proven track record of developing and implementing successful vendor risk management programs for leading global companies.
  • Strong understanding of risk assessment methodologies and mitigation strategies.
  • In-depth knowledge of relevant regulations and compliance requirements.
  • Excellent communication, collaboration, and negotiation skills.
  • Experience in leading and motivating a team of professionals.
  • Strong analytical and problem-solving skills.
  • Proficiency in relevant vendor risk management tools and technologies.


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