Strategic Third-Party Risk Management Expert

2 weeks ago

Burlington, Ontario, Canada TransUnion LLC Full time

About the Role:

We are seeking a highly skilled Sr. Consultant, Third Party Risk Management to join our team at TransUnion LLC. In this role, you will be responsible for developing and implementing the Third-Party Risk Management (TPRM) framework in Canada.

Responsibilities:

  • Collaborate with various stakeholders to ensure risks associated with Third-Party Relationships are documented and managed, including adherence to internal Standards and Policies.
  • Drive implementation and evolution of the Canadian TPRM framework.
  • Monitor adherence to the Canada TPRM Standard, ensuring stakeholders are aware of their responsibilities and can perform their duties effectively.
  • Monitor and manage risks as it relates to key Third-Parties and assess operational and financial resiliency.
  • Ensure the Third-Party inventory is maintained, including adding new Third-Parties to the inventory and working with Procurement focused colleagues to gather an appropriate level of information as part of the onboarding process.
  • Support in the creation of Third-Party centric risk assessments and exit plans, liaising with SMEs as required to ensure these are completed to a high standard.
  • Produce insightful reporting and MI for stakeholders and governance meetings.
  • Develop strong relationships with internal and external stakeholders to ensure alignment of business objectives and drive essential behavioral and process change.
  • Influence and ensure business compliance to relevant policies, procedures, and practices.
  • Implement and lead appropriate cross-functional Third-Party Risk meetings and appropriate reporting.
  • Assess and monitor key Third-Parties' supply chain and subcontracting risks.
  • Respond to and attend Client audits to give an overview of Third-Party Risk Management as needed.
  • Keep abreast of industry standards in Vendor, Supply Chain and Third-Party Risk Management practices, to help improve internal processes and reporting etc.
  • Provide MI and detailed reports to various management committees and functions as needed.

This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.

About Us:

At TransUnion LLC, we are dedicated to finding ways information can be used to help people make better and smarter decisions. As a trusted provider of global information solutions, our mission is to help people around the world access the opportunities that lead to a higher quality of life, by helping organizations optimize their risk-based decisions and enabling consumers to understand and manage their personal information.

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