Vendor Risk Management Analyst
Vendor Risk Management Analyst
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Salary Not Disclosed
1 Vacancy
Job Description
About Latham & Watkins
Latham & Watkins is a global law firm consistently ranked among the top firms in the world. The success of our firm is largely determined by our commitment to hire and develop the very best and brightest creating a team that provides our clients with the highest quality of work and service. We are driven by our core values: respect innovation and collaboration.
About the Role
The Vendor Risk Management Analyst is an integral part of Lathams Global Finance team.This role will be responsible for assessing monitoring and mitigating risks associated with our vendor relationships as well as analyzing vendor risk profiles through various due diligence activities of new and existing vendors to identify potential risks and vulnerabilities in order to develop risk profiles and categorize vendors based on risk levels. This role will be located in our Global Services office in Downtown Los Angeles. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and inoffice presence.
Responsibilities & Qualifications
Other key responsibilities include:
- Ensuring vendor performance and compliance with contractual obligations and regulatory requirements and preparing detailed reports and dashboards to communicate risk findings to management
- Developing and implementing risk mitigation strategies to address identified risks and collaborating with vendors and internal teams to ensure effective risk management practices are in place
- Analyzing vendor performance metrics and reports to assess service quality costeffectiveness and compliance and providing recommendations for improvement and costsaving opportunities
- Coordinating and conducting vendor audits to evaluate compliance with company policies and industry standards as well as documenting findings and following up on corrective actions
- Assisting in the development and maintenance of vendor risk management policies and procedures and ensuring alignment with industry best practices and regulatory requirements
- Protecting and maintaining any highly sensitive confidential privileged financial and/or proprietary information that Latham & Watkins retains
Wed love to hear from you if you:
- Demonstrate strong analytical skills with proficiency in data analysis tools and software
- Exhibit the ability to work in a team environment with a strong customer service focus
- Possess strong communication skills
And have:
- A bachelors degree preferably a masters degree professional certification or extended education in a related field
- A minimum of four 4 years of experience in vendor risk management compliance or a related role
- Relevant experience at a professional services firm or Fortune 500 company preferably
Benefits & Additional Information
Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Lathams comprehensive benefit program which includes:
- Healthcare life and disability insurance
- A generous 401k plan
- At least 11 paid holidays per year and a PTO program that accrues 23 days during the first year of employment and grows with tenure
- Wellbeing programs (e.g. mental health services mindfulness and resiliency medical resources wellbeing events and more)
- Professional development programs
- Employee discounts
- Affinity groups networks and coalitions for lawyers and staff
Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including but not limited to hair texture and protective hairstyles) color religion sex age national origin sexual orientation gender identity veteran status (including veterans of the Vietnam era) gender expression marital status or any other characteristic or condition protected by applicable statute.
Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO). Please click the link below to review the Ordinance.
Please click here to review your rights under U.S. employment laws. #Associate #LILK1
Pay Range
Required Experience:
IC
Employment Type
Full-Time
