Vendor Risk Management Lead
We are seeking a professional to oversee centralized vendor risk management processes, ensuring compliance, governance, and effective oversight of third-party relationships. This role is crucial in enhancing operational resilience and supporting business continuity through robust vendor risk assessment, monitoring, and offboarding processes.
* Manage vendor onboarding and ongoing risk assessments in accordance with internal policies and regulatory requirements.
* Coordinate due diligence across stakeholders (including security, privacy, legal, and contract owners).
* Support outsourcing and resiliency requirements under the Digital Operational Resilience Act.
* Maintain a comprehensive vendor inventory and monitor risk ratings using centralized systems.
* Ensure performance monitoring of suppliers is conducted in line with risk tier and contractual obligations.
* Elevate non-conformance, discrepancies, or risks to relevant governance forums.
* Coordinate vendor offboarding activities, ensuring compliance and closure of obligations.
* Develop training materials for Contract Owners on third-party risk responsibilities.
* Assist in internal audits and reviews relating to third-party management.