Third Party Risk Manager
Share
Job Location:
Sunnyvale, CA - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Primary Function of Position
We are seeking an experienced and strategic Third Party Risk Manager (TPRM) to lead our supplier engagement efforts and drive value through high-performing partnerships. This role is responsible for advancing Intuitives SRM framework through the development of key supplier relationships overseeing supplier contract performance mitigating risk through Third Party Risk Management (TPRM) and driving continuous improvement in supplier performance.
Essential Job Duties
Relationship Management:
- Build & maintain strong relationships with internal stakeholders and suppliers ensuring effective communications guidance & support of Intuitive procurement objectives
- Partner with members of the Strategic Sourcing & Category Management Contract Center of Excellence & Procurement Systems & Analytics teams to refine & advance the management reporting and tracking of Intuitives key suppliers
Collaboration & Communication
- Serve as a trusted advisor for internal teams to compliment and enrich key supplier relationships.
- Work with embedded VMO functions to provide governance framework and ensure its implementation throughout
- Facilitate regular business reviews and strategic planning sessions with suppliers
- Influence cross-functional teams to support supplier development programs
Supplier Risk Management
- Develop the process & policies for assessing supplier risk across all spend categories.
- Work with Sourcing Procurement Contracts Security Privacy and Legal teams to ensure the active supplier assessment methodology remains aligned against company policy
- Drive supplier resolution with internal business leads and suppliers for any identified risk issues.
- Ensure TPRM application integration integrity with downstream systems.
- Develop issue reporting process including providing guidance to business teams on exit strategy & disaster recovery planning
Supplier Performance Monitoring
- Establish the governance and framework for supplier performance reviews
- Track supplier performance in partnership with Business Leads & Strategic Sourcing Managers against contracted products and/or services
- Support Strategic Sourcing Managers and related business teams to drive resolution of supplier issues
- Create reporting & dashboards to showcase SRM metrics in support of organizational objectives
- Partner with Business Leads to develop contingency planning corrective action planning and exit strategies for critical tiered suppliers.
Market Intelligence & Innovation
- Stay informed on industry trends supplier innovations and emerging risks
- Elevate new suppliers and technologies in partnership with the Sourcing team to improve value delivery
Qualifications :
Required Education and Training
- Bachelors degree in Supply Chain Management Business Administration Engineering or a related field (Masters or MBA preferred)
- 7-10 years experience with developing implementing & managing SRM programs for procurement organizations
Working Conditions
None
Preferred Skills and Experience
- Mature experience with TPRM related applications (E.g. WorldCheck1 Giact Dow Jones Exiger)
- Deep familiarity with varying types of purchase requisitions expense services blanket etc.
- Experience executing in a global landscape
- Experience performing cost analysis/spend analytics
- Ability to assess supplier capabilities in alignment with internal business needs
Additional Information :
Due to the nature of our business and the role please note that Intuitive and/or your customer(s) may require that you show current proof of vaccination against certain diseases including COVID-19. Details can vary by role.
Intuitive is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees and prohibit discrimination and harassment of any type without regard to race sex pregnancy sexual orientation gender identity national origin color age religion protected veteran or disability status genetic information or any other status protected under federal state or local applicable laws.
Mandatory Notices
We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.
Preference will be given to qualified candidates who do not reside or plan to reside in Alabama Arkansas Delaware Florida Indiana Iowa Louisiana Maryland Mississippi Missouri Oklahoma Pennsylvania South Carolina or Tennessee.
We provide market-competitive compensation packages inclusive of base pay incentives benefits and equity. It would not be typical for someone to be hired at the top end of range for the role as actual pay will be determined based on several factors including experience skills and qualifications. The target compensation ranges are listed.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Arm
- Risk Management
- Financial Services
- Cybersecurity
- COSO
- PCI
- Root cause Analysis
- COBIT
- NIST Standards
- SOX
- Information Security
- RMF
About Company
At Intuitive, we are united behind our mission: we believe that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints. As pioneer and leading company in the field of robotic-assi ... View more
