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Third Party Risk Compliance Specialist - Hybrid / Remote
PayCompetitive
LocationFarmington Hills/Michigan
Employment typeFull-Time
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Job Description
- Req#: 5001106043106
Employer Industry: Financial Services
Why consider this job opportunity:
- Opportunity for career advancement and growth within the organization
- Engage in a critical role that supports compliance and risk management
- Collaborative work environment with cross-functional teams
- Chance to make a significant impact on third-party supplier compliance
- Involvement in the development of policies and procedures related to compliance
What to Expect (Job Responsibilities):
- Conduct compliance reviews and inherent risk assessments for third-party suppliers
- Perform compliance due diligence on third-party suppliers' programs and controls
- Coordinate with Compliance Subject Matter Experts to address compliance issues
- Monitor ongoing compliance of third-party suppliers and analyze data for reporting
- Assist in the development and maintenance of key risk indicators (KRIs) and compliance policies
What is Required (Qualifications):
- Proven experience in compliance, risk management, or a related field
- Strong analytical skills to assess compliance risks and supplier relationships
- Excellent communication skills to collaborate with various stakeholders
- Ability to work collaboratively with first and second lines of defense
- Familiarity with compliance frameworks and risk assessment methodologies
How to Stand Out (Preferred Qualifications):
- Experience in financial services or third-party risk management
- Knowledge of compliance regulations relevant to supplier risk
- Familiarity with data analysis and reporting tools
- Certification in compliance or risk management (e.g., CRCM, CCEP)
- Experience working with cross-functional teams in a corporate environment
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