Third Party Risk Management Specialist

We are seeking a dedicated Third Party Risk Management Specialist to join our team in Karnataka. The ideal candidate will play a crucial role in managing and mitigating risks associated with third-party vendors and service providers. This position requires a strong understanding of risk management principles, vendor management, and compliance frameworks.

Key Responsibilities:

• Conduct thorough due diligence on potential third-party vendors to assess their risk profiles.
• Develop and implement risk management strategies to ensure compliance with organizational policies and regulatory requirements.
• Collaborate with various departments to facilitate the onboarding process of new vendors, ensuring all necessary risk assessments are completed.
• Monitor and manage ongoing vendor relationships, addressing any issues that arise during the partnership.
• Utilize ServiceNow and GRC tools to track and report on third-party risk management activities.
• Prepare and present risk assessment findings to stakeholders, providing recommendations for risk mitigation.
• Stay updated on industry trends and best practices in third-party risk management.

Required Skills:

• Strong knowledge of third-party risk management and vendor management processes.
• Proficiency in using ServiceNow and GRC tools.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills to effectively collaborate with internal teams and external vendors.
• Ability to manage multiple projects and prioritize tasks effectively.

If you are passionate about risk management and have a keen eye for detail, we encourage you to apply for this exciting opportunity to contribute to our organization's success.