Business Risk Officer

2 weeks ago


Tampa, United States Data Pioneer Inc Full time

**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 third-party 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 re-accessing 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 on-site 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 non-performance and contractual issues to drive resolution when appropriate
- Monitoring third-party performance and SLs through the Client Performance Management Assessment (PMA) process
- Verifying third-party 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 re-negotiations 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 third-party 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 third-party risk management activities conducted centrally by the Utility

**Qualifications**:

- 6-10 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 third-party risk impact in a financial services company, is a plus
- Demonstrates knowledge of in-scope 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**:

- Bachelors/University degree, Masters degree preferred

**Job Type**: Contract

Pay: $30.00 - $35.00 per hour

Expected hours: 40 per week

Experience level:

- 10 years
- 11+ years
- 8 years
- 9 years

Schedule:

- 8 hour shift

Work Location: Hybrid remote in Tampa, FL 33602



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