Vendor Risk Analyst (f/m/d)

Your area of work:

The Supplier Governance Team within Corporate Purchasing is responsible for execution and oversight a supplier management and GRC in S2P processes. Demonstrating supply chain compliance and continual improvement is essential for legal, regulatory and corporate governance standards and as part of effective reputation management. As the regulatory environment becomes more complex, it’s important that we can demonstrate to our stakeholders that we’re working responsibly with our suppliers to minimise risk and protect customers. This position is also an integral part of our sourcing processes and continuous improvement of procurement process related Audit Management. The selected candidate will be tasked to ensure that suppliers managed by Purchasing remains in compliance with third party risk management standards and industry best practices. These standards include required activities that must be adhered to during vendor’s lifecycle.

Your responsibilities:

• Maintain and improve Corporate Purchsing´s supplier assessment process, policies and procedures to respond and adhere to new and existing regulatory guidelines and industry best practices
• Perform monitoring/audits for suppliers in alignment with Supplier GRC program and create corrective actions for audit findings intended to drive desired outcomes and/or behaviors
• Facilitate third party assessment process including coordinating distribution of surveys, and gathering results
• Continuously monitor critical third parties using a variety of tools to identify issues and work with third parties and internal stakeholders to manage remediation through resolution in a timely manner
• Maintain central repository of vendor risk assessment conducted, including artifacts and supporting documentation.
• Participate in Procurement Request for Proposals to provide GRC insight and maintain documentation in support of audit reviews to ensure third party risk process complies
• Serve as subject matter expert to identify and address key third party related risks and areas of concern associated with new and existing third parties
• Communicate identified risks to key stakeholders and establish remediation action plans, and track and monitor identified vendor risks to closure
• Build effective relationships with stakeholders who own and support third party relationships
• Develop and report on key risk metrics for the third-party risk management program
• Maintain and mature Supplier Management tool in Ariba to deliver full third party risk management assessments and tracking and assessment and tracking for contract subcontractor compliance with applicable federal regulations

Your profile:

• Bachelor or Master Degree and 3+ years of experience in a vendor/risk management role required, related to the duties and responsibilities specified
• Demonstrated experience preparing, coordinating, executing and /or managing vendor programs in collaboration with stakeholders and various lines of business strongly preferred
• Prior experience with souce to pay GRC, knowledge of regulatory requirements and controls in the financial industry preferred
• Professional experience with Governance Risk & Compliance tools, specifically in the area of third party risk management, requirements documentation etc.
• Experience in future strategy planning to accelerate adoption of industry best practices and emerging customer requirements
• Excellent verbal and written communication skills (Germand and English)
• Able to work effectively with all levels of staff and build solid relationships across our vendor base 
• Comfortable in presenting ideas and facilitate group meetings
• Strong analytical, problem- solving, multitasking and time management skills; ability to follow through on issues to resolution
• Experience with SAP Ariba SLP tool and how to develop requirements for improvements
• Supplier GRC or related certifications