What are the responsibilities and job description for the Third Party Risk Management Analyst position at VARITE INC?
VARITE is looking for qualified Third Party Risk Management Analyst in Lehi, UT 84043 (Hybrid)
WHAT THE CLIENT DOES?
An American computer software company that offers a wide range of programs from web design tools, photo manipulation and vector creation, through video/audio editing, mobile app development, print layout and animation software.
WHAT WE DO?
Established in the Year 2000, VARITE is an award-winning minority business enterprise providing global consulting & staffing services to Fortune 1000 companies and government agencies. With 850 global consultants, VARITE is committed to delivering excellence to its customers by leveraging its global experience and expertise in providing comprehensive scientific, engineering, technical, and non-technical staff augmentation and talent acquisition services.
Job Title: Third Party Risk Management Analyst
Location: Lehi, UT 84043 (Hybrid)
Contract Duration: 4 months with possible extension.
Pay Rate Range: $90.00 - $95.07/hr. on W2.
HERE’S WHAT YOU’LL DO
Duties:
- Conduct risk reviews and identify potential vulnerabilities across a variety of risk domains for ***'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 ***'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
Skills:
Problem Solving Skills:
- 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
Communication Skills:
- Being a good communicator is essential to the role as we look to paint exciting visuals for overall project designs and operating models to influence partners and leadership. As such having good interpersonal relationship skills, with an ability to influence a broad organization is key.
- Being able to deal with ambiguity and work on your own initiative is a key success factor in this role.
Education:
- 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.
BENEFITS:
We offer a comprehensive benefits package designed to support the health, well-being, and financial security of our employees and their families. Eligible employees may receive:
- Health Insurance: Medical, dental, and vision coverage
- Retirement Plans: Participation in a company-sponsored retirement savings plan.
- Legal Service Plans: Offering access to attorneys for legal advice and representation.
If this opportunity interests you, please respond by clicking on EasyApply.
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VARITE is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Salary : $90 - $95