Job Description:
The Third-Party Specialist will be responsible for managing and assessing risks associated with third-party relationships. This includes vendors, contractors, and other external entities.
Job Responsibilities:
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Evaluate and assess the risks associated with third-party vendors.
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Develop and implement third-party risk management strategies.
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Conduct due diligence and regular assessments of third-party vendors.
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Collaborate with procurement and legal teams to ensure compliance.
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Maintain an up-to-date register of third-party relationships.
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Monitor third-party performance and adherence to contracts.
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Identify and mitigate potential risks related to third-party engagements.
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Develop and deliver training on third-party risk management.
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Ensure third-party vendors comply with relevant laws and regulations.
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Prepare reports on third-party risk status and management activities.
Job Requirements:
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Bachelor’s degree in Business Administration, Risk Management, or related field.
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3+ years of experience in third-party risk management.
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Strong understanding of contract law and compliance regulations.
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Ability to manage multiple vendor relationships.
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Excellent negotiation and communication skills.
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Relevant certifications (e.g., CTPRP) preferred.
Apply below
