Job Description
Job Purpose
The objective of the Third Party Risk Management (TPRM) Office is to promote, facilitate and support consistent and effective vendor risk management across the enterprise. This role supports activities associated with managing vendors and third-party relationships.
This team member will work with all levels of staff including senior management to mitigate vendor risks in alignment with company risk tolerances. This team member will manage on-boarding activities, support periodic vendor reviews, continuous monitoring, vendor decommissioning, and assist with vendor risk reporting to ensure Intercontinental Exchange (ICE) maintains healthy vendor relationships.
Responsibilities
- Manage a portfolio of vendors across several business lines, across several risk domains.
- Assess vendor risk, perform appropriate due diligence, and ensure completeness of vendor documentation.
- Serve as a liaison between the vendor, business and supporting teams (i.e., IT, legal, procurement, accounting, and operations). Collaborate with business partners to maintain a clear documentation trail of vendors passing through the VM (Vendor Management) Lifecycle.
- Responsible to produce internal vendor management status reports and metrics.
- Facilitate resolution of escalated vendor-related issues related to on-boarding, decommissioning or risk assessing, monitoring and performance.
- Maintain a thorough understanding of relevant internal policies and external regulatory requirements applicable to ICE vendor risk management.
Knowledge And Experience
- 6+ years of experience in Third Party Risk Management, compliance, security audit management, supply chain management, or other directly related experience. Direct experience in TPRM or compliance highly desirable.
- Experience working for Banking, Insurance, or Information Technology company a plus.
- CRVPM or CTPRP highly desirable.
- Demonstrated leadership in Vendor Management and can be viewed as VM expert.
- Demonstrated competency working well within a team and across departments.
- Strong interpersonal and communication skills, both verbal and written.
- Proven record of accomplishment in taking ownership, driving results in a fast-paced environment.
- Self-starter with high degree of initiative and the ability to manage deadlines.
- Strong organizational skills with the ability to multitask and prioritize while maintaining close attention to detail.
- Basic knowledge of and experience with legal contracts, contract negotiations and service agreements.
- Good working knowledge of Microsoft Office products, particularly Excel, Power Point and Visio.
