Third Party Risk Management Job Description:

• Conduct third party risk assessments in alignment with company security policies and industry standards
• Perform on site assessments of vendors to identify opportunities for improvement
• Provide input and aid in the development of policies focused on the security of third party business processes
• Foster relationships and influence the behavior internal teams and external parties
• Develop and maintain supplier risk and control monitoring plans, performing monitor activities and analysis of evidence to determine controls are operating effectively
• Complete monitor and control tasks triggered by supplier Tier and Third Party Interaction Model
• Collaborate with the line of business stakeholders to deliver year over year cost savings with managed third party relationships
• Assist in development and execution of category/supplier strategies
• Partner with internal budget owners to deliver against operating or marketing budgets
• Partner with appropriate stakeholders on contract negotiations for all managed third party relationships

Qualifications for third party risk management:

• Minimum 4 years of experience developing and maintaining global vendor risk management programs
• CISSP, CISM, CISA, or CRISC certification preferred
• Solid understanding of information technology and security solutions
• Responsible for proper invoice review, reconciliation, and payment
• Monitor and ensure successful delivery against third party contractual obligations

Assist in development of, and monitor, SLA's or key performance indicators for third party relationships