Sr. Third Party Risk Consultant (Due Diligence)
Minneapolis, MN - USA
Job Summary
Pay is based on several factors which vary based on include labor markets and in some instancesmay include education work experience and addition to your pay Target cares about and invests in you as a team member so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs which may include medical vision dental life insurance and more to help you and your family take care of your whole benefits for eligible team members include 401(k) employee discount short term disability long term disability paid sick leave paid national holidays and paid competitive benefits from financial and education to well-being and beyond at Title: Sr. Third Party Risk Management Consultant (Due Diligence)
Classification: Exempt
Date: August 2026
About Us:
Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture.Learn more about Target here.
To match the signature style and passion of Targets distinctive retail brand Target Legal Affairs is a dynamic and deeply knowledgeable team of experts. Whether specializing in law government affairs employee relations risk compliance ethics security or food safety we use our expertise and influence to advocate for Target support Targets business and mitigate risk for the company. We work with both internal and external entities on key issues that affect Targets ability to productively ethically and securely conduct business. Through our understanding of Targets business models and operations we help facilitate Targets growth and provide guidance that leaders rely on to make appropriate well-informed decisions. Simultaneously we help protect the business by applying our comprehensive understanding of risk and the law on issues that impact our brand guests team members stores distribution centers and corporate locations.
Here youll enjoy working autonomously with a healthy work-life balance. Your passion for learning the business collaborating with others and building relationships with senior leaders and key business partners that you support will be essential to tackling the ever-changing legal and risk-based challenges we face in a dynamic and fast-paced retail environment.
A role in Third Party Risk Management means enabling Targets business to make informed risk-aware decisions while advancing key business objectives. This role primarily supports third-party due diligence and ongoing monitoring while contributing to broader TPRM initiatives based on business priorities. Youll help protect Targets interests by ensuring we understand evaluate and mitigate risks associated with third-party partnerships while promoting Relationship Management best practices across the vendor lifecycle planning due diligence contracting ongoing monitoring and termination.
As a Sr. Third Party Risk Management Consultant you will:
Risk Assessments & Analysis
Conduct due diligence using established TPRM processes on prospective third parties and reassess on a risk-based schedule evaluating reputation experience and financial health to assign risk tiers (critical/high/medium/low).
Analyze third party risks and provide expert recommendations that enable Relationship Managers to make informed risk-aware business decisions.
Evaluate financial health information including data from external monitoring tools financial statements and credit information to identify potential financial risks and support risk-based decision making.
As needed lead risk assessment meetings with RMs to explain results and advise on interpretation and next steps.
Develop and maintain a broad understanding of the end-to-end TPRM Risk Assessment process with the ability to support risk assessments across a variety of third-party services including coordinating with multiple Risk Program Owner (RPO) teams throughout Target.
Ongoing Monitoring
Monitor ongoing third-party risks through TPRM tools including changes in financial condition external events and other risk indicators.
Investigate material risk alerts and communicate potential impacts and recommended actions to Relationship Managers.
Maintain risk reporting and dashboards that support ongoing visibility into third-party risk.
Program Enablement & Continuous Improvement
Identify opportunities to improve TPRM processes tools and methodologies by leveraging data industry trends and stakeholder feedback to enhance program effectiveness.
Provide subject matter expertise to Relationship Managers peers and cross-functional stakeholders across a broad range of third-party risk topics including financial health reputation experience and other risks identified throughout the vendor lifecycle.
Work independently with minimal direction exercising sound judgment while handling sensitive information.
Foster a positive team culture grounded in Inclusivity Connection and Drive.
Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs.
About you:
Four-year degree or equivalent experience
3 years of experience in third-party risk management financial risk procurement vendor management or a related field.
Comfortable working in ambiguity and adjusting to shifting business needs
Strong analytical skills with the ability to synthesize qualitative and quantitative information into risk-based recommendations.
Effective communication skills with the ability to explain complex topics clearly and simply
Ability to simplify complex processes and focus on high-impact strategic priorities
Skillful in handling confidential information with discretion
Proficient in enterprise tools (LogicGate Ariba Supplier Management Vendor Maintenance and Management Domo Confluence) and Microsoft Office
Proven ability to lead projects facilitate meetings and contribute to cross-functional teams
Experience identifying process improvements and supporting automation efforts
Results-driven with a demonstrated history of executing on goals and timelines
Preferred Qualifications:
Certified Regulatory Vendor Program Manager (CRVPM) Certified Third-Party Risk Professional (CTPRP) designation or equivalent
Experience performing supplier financial assessments and ability to interpret balance sheets income statements cash flow statements and key financial ratios to identify potential third-party financial risks.
This position will operate as a Hybrid/Flex for Your Day work arrangement based on Targets needs. A Hybrid/Flex for Your Day work arrangement means the team members core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually depending upon what your role team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location unless otherwise prescribed by Target. Clickhereif you are curious to learn more about Minnesota.
Benefits Eligibility
Please paste this url into your preferred browser to learn about benefits eligibility for this role: with Disabilities Act (ADA)In compliance with state and federal laws Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process please reach out to Non-accommodation-related requests such as application follow-ups or technical issues will not be addressed through this channel.
Required Experience:
Senior IC
About Company
1234 employees
Target Corporation is an American retail corporation. The eighth-largest retailer in the United States, it is a component of the S&P 500 Index.