Supplier Risk Analyst/TPRM

3 days ago

Mumbai, Maharashtra, India WTW Global Delivery And Solutions Full time ₹ 9,00,000 - ₹ 12,00,000 per year

We are looking for an experienced professional to join us as a Third Party / Supplier Risk Analyst.

This role is pivotal in driving supplier risk management within a global insurance company, collaborating closely with the Global Head of Supplier Risk, Procurement Operations, and senior stakeholders worldwide.

Experience Range: 3-8 Years

Knowledge/Skills/Behaviours

  • In-depth knowledge of Supplier / Vendor Risk Management (SRM), Procurement, and end-to-end third-party risk processes
  • A clear understanding of mitigation and solutions
  • Experience in data analysis and gathering information from a broad stakeholder base
  • Strong communication, organizational, and problem-solving skills; ability to interact with all levels of the organization
  • Ability to prioritise key activities
  • Clear understanding of objectives and ability to review and understand multiple agreements across a diverse supplier base
  • Attention to detail and strong computer skills
  • Ability to manage and prioritise workloads, ensuring completion of activities to tight deadlines

Major Accountabilities

  • Working with Business Supplier Owners (BSO) in assessing and completing risk assessments on suppliers
  • Advising BSOs of roles and responsibilities
  • Gathering, reviewing, and uploading supplier risk documentation and contracts
  • Updating SRM team trackers and monitoring pending items
  • Following up pending action items and escalating to Senior Supplier Risk Manager when required
  • Supporting SRM team lead with all reporting tasks to risk committees and senior management
  • Tracking and requesting updates on contract renewal dates with different business units
  • Assisting with the review of current SRM process and advising on process improvements
  • Providing training and guidance to the Business on applicable SRM activities
  • Increasing awareness of SRM within WTW globally
  • Providing regular updates and progress reports to SRM team lead
  • Following up on pending action items and escalating to SRM lead when required

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