What are the responsibilities and job description for the Third-Party Compliance Officer position at Merchants Bonding Company?
Job Description
The Risk Sourcing Specialist will be responsible for managing the organization's third-party risk management program, ensuring alignment with the organization's risk strategy.
Responsibilities:
- Design and Implement Third-Party Risk Management Program: Develop and implement a comprehensive third-party risk management program that aligns with the organization's risk strategy.
- Conduct Third-Party Risk Assessments: Conduct regular risk assessments of third-party vendors, identifying potential risks and developing mitigation strategies.
- Collaborate with Internal Stakeholders: Work closely with internal stakeholders to ensure third-party risk management strategies are aligned with organizational goals.
- Develop and Implement Risk Mitigation Strategies: Develop and implement risk mitigation strategies for high-priority risks, ensuring compliance with regulatory requirements.
