Senior - TPRM-Advisory Services

As a TPRM-Advisory Services Senior, your role would involve providing expertise and guidance in Third-Party Risk Management (TPRM) to clients. TPRM refers to the processes and strategies implemented by organizations to identify, assess, and mitigate risks associated with their relationships with third-party vendors, suppliers, and service providers. As a TPRM-Advisory Services Senior, your responsibilities may include: Consulting: Collaborating with clients to understand their TPRM needs and developing tailored solutions to mitigate risks. This involves conducting risk assessments, evaluating vendor contracts, and recommending risk mitigation strategies. Risk Assessment: Evaluating the risks associated with third-party relationships by analyzing vendor operations, security controls, regulatory compliance, and financial stability. This assessment helps identify potential risks and vulnerabilities that may impact the client's business. Policy and Process Development: Assisting clients in developing robust TPRM policies and procedures that align with industry best practices and regulatory requirements. This includes creating risk management frameworks, governance structures, and risk assessment methodologies. Compliance: Ensuring that clients comply with relevant regulations and industry standards pertaining to third-party risk management, such as GDPR, HIPAA, ISO 27001, etc. This involves assessing existing processes, identifying gaps, and providing recommendations for compliance. Vendor Due Diligence: Conducting thorough due diligence on potential vendors to assess their suitability for the client's business. This includes evaluating their financial stability, reputation, security controls, data protection practices, and regulatory compliance."