Accountancy

Third Party Risk Analyst

  • Full Time
  • Remote
  • Cork
  • 41824973

The Third Party Risk Analyst serves as first line of defence support responsible for using their risk management expertise coupled with business insights to enable Engagement Owners (EOs), Relationship Owners (ROs) and Functional Owners (FOs) to effectively manage third parties and associated engagements in accordance with TPRM Program guidance.

 Responsibilities:                                                                               

  • Assist in the completion of IRQ’s (Inherent Risk Questionnaires) as required
  • Review intake form / IRQs of third party engagements and provide feedback or challenge as appropriate
  • Establish and maintain strong working relationships with RO/FO/EOs and relevant functional stakeholders
  • Assist in supplier qualification process for contracting
  • Coordinate, in conjunction with Risk Domain Partners, due diligence and ongoing monitoring activities
  • Provide onboarding support of Engagement Owners including training
  • Support Engagement Owners with ongoing operational oversight and finding management actions
  • Review findings and partner with engagement owner to track and close
  • Consult with engagement owners on mitigation approach
  • Review residual risk determination
  • Act as consult to RO/FO/EOs to establish third party performance indicators and governance
  • Assist with remediation of underperformance or operation findings on request
  • Develop and document third party specific exit strategy
  • Support Engagement Owners in executing termination and off-boarding activities
  • Provide platform / mechanism for third parties to provide feedback on experience
  • Provide knowledge management platform / mechanism to disseminate previous EO experiences with third parties to inform future outsourcing decisions
  • Participate in Steer Committee and Operations committee as required
  • Lead third party inventory management for respective business units
  • Drive business operations reporting and dashboards to allow for oversight and enhanced decision making
  • Partner with Procurement to inform sourcing strategy for business unit
  • Partner closely with the Hub to evolve and expand  third party management capabilities
  • Improve operational efficiency and optimize value by driving  synergies across the third party base
  • Act as an escalation point / communications touchpoint for Relationship, Functional and Engagement Owners

 

Requirements

  • Bachelor’s Degree
  • 3+ years Third party management experience
  • Familiar with Aravo or similar Third Party Risk Management technology
  • Experience in a fast paced working environment
  • Strong technical and data analytical skills
  • Proven ability to frame clear choices and achieve quick wins
  • Proven experience influencing constituents without formal authority to adopt improvements, changes to status quo
  • Proven track record delivering outstanding results in challenging business environments
  • Strong communication and influence skills
  • Possesses strong business acumen (understanding how our industry operates, our value chain, our customers, industry dynamics, other)
  • Resourcefulness in knowing where to find experts; having an awareness of how things get done
  • Demonstrates credibility and engenders trust by bringing objectivity to all situations
  • Able to work effectively at all levels of the organization with a full range of styles

 Interested candidates should submit an updated CV in word format marked for the attention of Susan O’Meara   Susan.OMeara@peglobal.net or 00353 86 0101125

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