Lead Third Party Risk and Operations

About the role

The Third Party Risk and Operations Lead is responsible for designing, building, rolling out and leading an enterprise third party risk management (TPRM) and procurement orchestration program that connects workflows, data, controls and decision-making across the company.

This role is the leader of the enterprise TPRM function and knowledge of industry best practices and regulatory requirements related to TPRM is essential. This leader will partner with stakeholders across procurement, technology, legal, information security, risk and compliance, accounting, HR, finance and business teams to create a more integrated operating model, improve efficiency, monitor and mitigate supplier risk, and enable shared reporting capabilities that support enterprise-wide visibility and smarter decisions.

This is a highly cross-functional position requiring executive presence, strong communication skills and the ability to align diverse teams around scalable supplier-related processes, governance and business outcomes.

Responsibilities

• Lead and build a center-supported enterprise-wide TPRM program including policies, functions and processes, stakeholders, workflows and program oversight.
• Lead the TPRM program in supporting regulatory expectations and requirements and responding to customer due diligence, audits, and control reviews.
• Define, implement and enforce organization roles and responsibilities for ongoing TPRM program.
• Maintain a thorough knowledge and understanding of industry best practices and regulatory requirements affecting the TPRM program.
• Lead procurement orchestration strategy and embed AI-enabled capabilities across a connected supplier operating model.
• Design and optimize procurement orchestration to include intake and demand management; sourcing and contracting workflow coordination; security, privacy, legal, compliance, and finance reviews; supplier onboarding; purchase request and purchase order enablement; workflow visibility, SLA management, and bottleneck reduction.
• Provide training, guidance and support to stakeholders, workflow owners and business partners involved in TPRM and procurement orchestration.
• Manage large scale projects and programs.

Requirements

• Bachelor's degree in business or related field.
• 10+ years of progressive experience in TPRM, supplier risk, procurement, strategic sourcing, operational governance, or related fields, and with meaningful experience in financial services, fintech or other similarly regulated environments.
• Proficient in Microsoft Office programs (especially Excel, Word, Power Point) and with applying AI solutions to TPRM and Procurement Orchestration challenges.
• Excellent relationship building skills and leads with empathy.
• Detailed, investigative and accuracy-oriented.
• Proactive, results-oriented with a bias for action.
• Executive presence and excellent communication skills - written and verbal.
• Ability to handle multiple projects simultaneously to meet specified goals and deadlines.
• Ability to drive large scale operational change across a large, diverse organization.

Qualifications

• Nice-to-haves:
• Master’s degree in business or related field.
• Experience participating in and responding to regulatory reviews of TPRM practices.
• Experience creating and refining policies, procedures and governance frameworks.
• Experience implementing and deploying TPRM and Procurement Orchestration tools.
• Contract terms, conditions and negotiation experience.