Third-Party Risk Management Analyst SR
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Job Location:
Monthly Salary:
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Summary of Responsibilities
Third-Party Risk Management Analyst SR supports the organizations risk management objectives by assisting in the execution and administration of the TPRM operating model. Reporting to the Procurement Operational Excellence Manager and accountable to the TPRM Governance Council the TPRM Associate will help identify assess monitor and mitigate risks associated with third-party vendors suppliers and partners throughout the TPRM lifecycle. The TPRM Associate collaborates with cross-functional teams to ensure risk controls regulatory compliance and operational efficiency contributing to the organizations resilience and risk awareness.
Essential Job Functions
- Assist in the implementation and maintenance of third-party risk management policies procedures and governance frameworks as directed by the TPRM Manager.
- Support the due diligence process for third-party engagements including collecting and reviewing initial assessment documentation and performing basic risk rating activities.
- Monitor third-party relationships by tracking compliance requirements contract obligations and risk indicators escalating issues as appropriate to senior team members.
- Help coordinate periodic risk assessments and audits of third-party vendors assisting in the identification of compliance gaps and operational risks.
- Maintain and update the third-party risk register and related reporting tools ensuring accurate and timely documentation of risk data.
- Stay informed about relevant regulatory requirements and industry best practices in third-party risk management sharing updates with the team as needed.
- Assist in the development and delivery of training and awareness programs on third-party risk management for internal stakeholders.
- Provide administrative support for incident response and issues management related to third-party disruptions or breaches.
- Collaborate with procurement legal compliance IT operations and other key departments to support risk management objectives and project needs.
Skills Qualifications and Experience
- Bachelors degree in Business Supply Chain Management Risk Management Finance or a related field. Relevant coursework or internships preferred.
- 5 years of experience in risk management procurement compliance or supply chain ideally within a global organization or chemical industry.
- Understanding of risk management frameworks regulatory compliance (e.g. ISO 27001 GDPR) and procurement or supply chain principles.
- English Fluent.
- Strong organizational communication and stakeholder management skills.
- Analytical mindset with attention to detail and problem-solving capabilities.
- Ability to work collaboratively in a fast-paced global dynamic environment.
Considered a Plus
- Advanced degree or professional certifications such as Certified Third-Party Risk Professional (CTPRP) or Certified Risk Management Professional (CRMP).
- Familiarity with TPRM tools and technologies.
- Experience with supplier risk assessments ESG considerations or cybersecurity risk management.
- Experience supporting training initiatives or risk awareness programs.
Physical Requirements
General office environment; ability to work at a computer for extended periods.
Required Experience:
IC
Key Skills
- ISO 27001
- Microsoft Access
- Risk Management
- Financial Services
- PCI
- Risk Analysis
- Analysis Skills
- COBIT
- NIST Standards
- SOX
- Information Security
- Data Analysis Skills
About Company
As a leader in specialty chemicals, Lubrizol's mission is to be an essential ingredient in our customers' success. We are a market-driven, specialty chemical company with innovative technologies that include lubricant additives for engine oils and driveline fluids, industrial lubrica ... View more
