Vendor Risk Management Senior Analyst managing vendor risk profiles and ensuring compliance at Latham & Watkins. Leading assessments, audits, and collaboration with internal teams and vendors on risk mitigation.
Responsibilities
Leading the assessment, monitoring, and mitigation of risks associated with vendor relationships
Leading the analysis of vendor risk profiles through comprehensive due diligence activities of new and existing vendors to identify potential risks and vulnerabilities
Developing risk profiles and categorizing vendors based on risk levels
Overseeing vendor performance and compliance with contractual obligations and regulatory requirements
Preparing detailed reports and dashboards to communicate risk findings to senior management
Assisting in developing and implementing risk mitigation strategies to address identified risks
Collaborating with vendors and internal teams to ensure robust risk management practices are in place
Evaluating vendor performance metrics and reports to assess service quality, cost-effectiveness, and compliance
Providing strategic recommendations for improvement and cost-saving opportunities
Coordinating and leading vendor audits to evaluate compliance with company policies and industry standards
Requirements
Demonstrate advanced analytical skills with proficiency in data analysis tools and software
Possess the ability to lead in a team environment with a strong customer service focus
Exhibit strong communication skills, both written and oral, with the ability to present to senior management
A bachelor’s degree
A professional certification or extended education in a related field
Experience in vendor risk management, compliance, or a related role
Relevant experience at a professional services firm or Fortune 500 company
Benefits
Health insurance as well as group income protection and life assurance
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