What are the responsibilities and job description for the Third Party Risk Management Analyst position at MW Partners?
Responsibilities and duties:
- Conduct risk reviews and identify potential vulnerabilities across a variety of risk domains for Adobe’s third-party ecosystem
- Assist in project delivery of the TPRM module within Global Source to Pay transformation effort, including organizing the TPRM requirements, design & test the future state workflows
- Own the data migration strategy for identifying and moving data between business systems
- Assist with the offboarding of Adobe’s third parties no longer in use
- Support the risk acceptance/mitigation governance process
- Monitor the completion of risk mitigation activities by vendors and business owners
- Own and manage various actions and task queues that will result from risk management and mitigation activities
- Perform quality control & audit checks over TPRM program and third party or business owner responses
- Provide inputs to help optimize risk review and due diligence processes to enable efficiency and scale operations
- Seek opportunities to improve knowledge, skills, and performance by reviewing knowledge base content, practicing skills and being receptive to coaching and constructive feedback
- Perform ad-hoc project-based work, including reporting and analyses as the need arises
Business Insight and Analysis
- Familiarity with TPRM and governance concepts
- Ability to serve as a change agent for the TPRM function across the organization
- Ability to analyze large datasets and uncover insights that lead to process improvements
- Ability to prioritize without oversight and to structure and deliver business optimization projects
Requirements:
- Bachelor’s degree in business, finance or related field; master’s degree is a plus
- Minimum of 2-5 years’ experience in audit, risk management or compliance
- Experience conducting audits, compliance or risk assessments, including ongoing monitoring of risk mitigation plans
- Understanding of risk principles, concepts, and best practices, including risk assessment methodologies and reporting processes
- Familiarity with third party risk management lifecycle
- Demonstrate ‘critical thinking’: i.e. to analyze complex risk management issues, make decisions and solve problem self-sufficiently without management oversight
- Passionate about rapid value creation through quick wins and long-term balanced value creation.
- A strong change manager with the tenacity to follow through to closure