Supplier Risk Specialist (Third-Party Risk Management)

Tasks

The role of the Supplier Risk Specialist focuses primarily on conducting supplier due diligence reviews and the associated analysis and documentation. As a subject matter expert (SME) and the first line of defense, he or she identifies, assesses, and documents risks. Responsibilities include:

• Documentation and maintenance of standard and risk-specific procurement templates and playbooks in relevant databases
• Manage the distribution, completion, and analysis of supplier questionnaires regarding financial viability, cybersecurity, ESG compliance, and other risk areas to ensure high response rates and data completeness
• Assistance in identifying sub-tier risks, such as the concentration of sub-contractors in high-risk regions, using automated tools or structured surveys
• Reviewing legacy contracts and suppliers to assess procurement-related risks and compliance gaps
• Providing regular procurement and supplier risk reports and dashboards to internal stakeholders and senior management
• Collaborate with Global Category Management and business stakeholders to integrate risk management into the procurement strategy and operational supplier management
• Serve as the primary interface between Global Procurement and internal risk functions (e.g., TPRM, Legal, Compliance, Cyber) to ensure that suppliers meet the bank’s risk standards

Requirements

The following requirements apply to this position:

• A degree in business administration or a degree in (technical) business administration
• 3–5 years of experience in procurement, vendor risk management, operational risk management, or a related governance, risk, and compliance role
• Strong understanding of third-party risk areas: financial, operational, regulatory, and reputational risks
• Practical problem-solving skills and a proactive mindset

We offer

The position of Supplier Risk Specialist offers an interesting challenge in a dynamic environment. However, the specific benefits are not specified.