Third-Party Risk Management (TPRM) Analyst
Gratitude IncThird-Party Risk Management (TPRM) Analyst
Job Description
Key Skills
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Role: Third-Party Risk Management (TPRM)
Education:
Minimum 15 years of regular, full-time education (10 + 2 + 3)
Bachelor’s degree in business, Law, Finance, or related field.
Job Role
The Third-Party Risk Management (TPRM) Analyst is responsible for reviewing third party risks,
assessing the risk level and classifying them into high, medium and low to ensure compliance
with company policies and legal regulations. This role involves close collaboration with
Procurement and Business stake holders to support the TPRM process and mitigate risks.
Skills:
5-8 years of experience in TPRM activities and third-party due diligence.
Conversant with TPRM tools in the market.
Excellent attention to detail and analytical skills.
Strong communication abilities.
Experience with ERP and TPRM tools.
Legal or paralegal certification is a plus.
Familiarity with international contracts and regulatory requirements preferable
Must Have:
Risk Mgt., Third Party Risk analysis, Supplier due diligence, SOC 2 controls and compliance
Good to have:
Vendor Management, Vendor qualification
Responsibilities:
Review Third Party Risks
Conducts impact assessment
Classify third parties into appropriate risk ratings such as high, medium, low
Conduct third party due diligence
Work with leading TPRM tools in the market
Work with Procurement and other Business Stakeholders to develop risk mitigation strategies
Compliance & Risk Management:
Ensure third parties comply with TPRM requirements and internal policies.
Identify potential risks and recommend mitigation strategies.
Third Party Risk Management:
Maintain and manage third party risk databases and repositories.
Conduct third party due diligence and track risk mitigation milestones.
Stakeholder Collaboration:
Work with internal teams (Procurement, Business stakeholders) to gather requirements and resolve risk-related issues.
Serve as a point of contact for TPRM-related inquiries.
Reporting & Documentation:
Prepare reports on TPRM database, due diligence status, risk levels and risk mitigation strategies.
Maintain accurate records and audit trails.
Role
Risk & Compliance
Timings
Rotational Shifts (Permanent)
Industry
BPO
Work Mode
Work from office
Process
Voice
Functional Area
Accounting / Tax / Company Secretary / Audit
Note: Myglit doesn't charge any money from candidates. If you have been asked to pay money to get this job then report to us immediately at support@myglit.com.
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