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Third-Party Risk Management Specialist
1 month ago
About Us
At CB Canada, we're committed to providing financial security to Canadians and their families in the face of uncertainties. As a leading insurance company, we're dedicated to building connections with our customers, listening to their needs, and responding with innovative solutions.
Our Mission
We're on a mission to be the innovative insurer trusted by families to provide financial protection through partners who care. Our team is passionate about helping Canadians build secure tomorrows, and we're looking for talented individuals to join us on this journey.
The Role
We're seeking a highly skilled Third-Party Risk Management Specialist to join our team. As a key member of our risk management team, you'll play a critical role in mitigating third-party risk throughout the third-party lifecycle. Your primary responsibilities will include:
- Third-Party Due Diligence
- Assist with the third-party due diligence process, ensuring that processes are followed and vendor questionnaires and assessments are completed.
- Assess existing and potential vendors, identifying potential risks and developing mitigation strategies.
- Vendor Management
- Manage vendor issues, identifying and tracking non-conformance reporting and Change Order requests.
- Assist with invoice discrepancies and ensure correct billing.
- Sourcing and Procurement
- Create sourcing documents, including RFPs, RFQs, and RFI responses, in collaboration with internal partners and external partners.
- Support the development and implementation of SLAs, KPIs, and other contractual commitments to mitigate risk and maximize service availability, efficiency, and effectiveness.
- Administrative Support
- Assist in the administration of our GRC system, Resolver, including managing subscriptions and service renewals, verifying and updating user profiles, and entering vendor information and uploading relevant documents.
- Report on third-party key performance indicators on a quarterly and annual basis.
Requirements
To be successful in this role, you'll need:
- A degree or diploma in Business, Finance, or a related field.
- 2+ years of experience in third-party risk management, sourcing, or procurement, preferably in a financial environment.
- Superior communication skills and the ability to build collaborative relationships with internal and external stakeholders.
- Strong analytical skills, with the ability to focus on the big picture while maintaining attention to detail.
- Proficiency with Microsoft Office and the ability to quickly learn new tools.
What We Offer
As a Third-Party Risk Management Specialist at CB Canada, you'll have the opportunity to work with a talented team of professionals who are passionate about making a difference in the lives of Canadians. We offer a dynamic and supportive work environment, with opportunities for growth and development. If you're a motivated and detail-oriented individual who is passionate about risk management, we encourage you to apply for this exciting opportunity.
