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Lead-Vendor & Control Assessment

Job Description - Lead-Vendor & Control Assessment

Job Description:

  • Conduct comprehensive third party risk assessments for new and existing vendors across the organization.
  • Prepare detailed and summary reports of assessments, including customized reports tailored to specific business needs.
  • Serve as a Subject Matter Expert (SME) in third party risk, collaborating with Operational Risk, IT, Law, Privacy, Compliance, Sourcing, and Treasury to develop and apply risk assessment criteria aligned with corporate policy.
  • Partner with internal stakeholders to identify and mitigate operational risks in business processes, applications, and systems tied to third party relationships.
  • Ensure integration and compliance of third party risk management lifecycle elements in collaboration with IT, Sourcing, and Legal teams.
  • Review vendor contracts, assess redlines, and make informed decisions on approval or rejection based on risk exposure.
  • Identify and measure risks in business areas and workflows, performing due diligence to ensure effective vendor risk identification and mitigation.
  • Advise business partners on risk mitigation strategies aligned with organizational risk appetite and tolerance.
  • Engage directly with vendors to assess security controls, ensuring adequate protection of sensitive data and systems.
  • Promote awareness of third party risks and enhance internal service models to ensure timely communication of key risk issues.
  • Contribute to the development of training programs for internal teams on third party due diligence and ongoing monitoring responsibilities.
  • Demonstrate leadership and influence in driving execution of third party risk initiatives.
  • Apply strong analytical skills to identify issues, assess root causes, and recommend effective risk responses.
  • Synthesize complex data into actionable insights and concise reports for leadership.
  • Communicate effectively across all levels, delivering clear and persuasive messages.
  • Manage multiple priorities in a fast-paced environment with minimal supervision.
  • Foster cross-functional collaboration and maintain high professionalism and urgency.

Location:

This position can be based in any of the following locations:

Chennai

Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday

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