Business Risk Officer - Tampa, United States - Data Pioneer Inc

Data Pioneer Inc

Verified Company

Tampa, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Title:
Business Risk Officer

Location:
Tampa, FL

Business Risk Officer for Global Sourcing and Supplier Management (AVP/VP Equivalent)
The Third Party Officer (TPO) is a dedicated role part of the Client Third Party Risk Management program, responsible for ensuring effective risk management practices are in place for external thirdparty relationships that carry the highest degree of risk for Client businesses.
The TPO will be supported by the Enterprise Supply Chain Third Party Utility which is responsible for the execution of

- standard third-party risk management activities that can be conducted centrally to drive operational efficiencies.

Responsibilities:

Representing business leadership to coordinate and facilitate Third Party Risk Management activities
Evaluating current market conditions and providing insight on trends/issues that may impact the business through the use of external Third Parties.
Advising BAO on the Risk Assessment for third parties and reaccessing as required; identifying significant changes in relationship to trigger update of Risk Assessment
Verifying third party's compliance with required policies and controls
Partnering with business operations, technology teams, and internal functions to conduct onsite visits of third parties, as required
Maintaining and updating Client Exit Strategy Plans as required; when the exit strategy poses a significant risk to the Client, work with business contacts to establish appropriate risk mitigation activities to minimize risk to the Client
Interacting with third parties on escalations of nonperformance and contractual issues to drive resolution when appropriate
Monitoring thirdparty performance and SLs through the Client Performance Management Assessment (PMA) process
Verifying thirdparty contracts (e.g. Statements of Work) are properly executed and uploaded in the Client Contract Management System (eSourcing), working with the Enterprise Supply Chain (ESC) organization if renegotiations are required
Reviewing, prioritizing, assessing, and acting on results of TPRM assessments/controls with support from various internal functions (e.g., IS, CoB, DPO, Export, Credit Risk, Country Risk, Financial Evaluations), in conjunction with the business and operations teams
Facilitating remediation of issues or gaps identified as part of ongoing monitoring
Defining risk mitigation strategies and risk exceptions based on the business risk appetite
Providing thought leadership to drive supplier optimization and efficiencies based on thirdparty risk profiles, performance, and market trends
Standardizing SLs performance monitoring measures for like services, where possible
Liaising with the ESC Third Party Utility, as necessary, to review and respond to the results of thirdparty risk management activities conducted centrally by the Utility

Qualifications:

610 years of relevant experience in, strategic sourcing/procurement, vendor management risk management, and/or regulatory compliance in one or more of the following risk disciplines: technology risk, business continuity, operational risk, supplier risk, or audit and controls.
Broad knowledge of other risk areas, with a strong understanding of supplier or thirdparty risk impact in a financial services company, is a plus
Demonstrates knowledge of inscope business and product areas
Excellent communication skills in English, both oral and written, with the ability to articulate complex and sensitive issues to management.
Local language requirements as applicable.
Experience in strategic sourcing/procurement and interacting with suppliers' management teams with the ability to exercise sound, timely, and independent judgment.
Demonstrates understanding of the operational capabilities of suppliers across applicable business types

Education: