Supplier Risk Specialist (Third Party Risk Management)

Supplier risk assessments: Conduct risk assessments for existing and new suppliers based on Third Party Risk Framework and pre-defined Procurement Risk assessment methodology

Perform Supplier due diligence reviews whilst involving second-line functions (Risk, Compliance, Legal, BCM, InfoSec, etc.) where needed

Document and maintain standard and risk-specific Procurement due diligence templates and playbooks in relevant databases

Manage the distribution, completion and analysis of supplier questionnaires related to financials viability, cybersecurity, ESG compliance, and other risk aspects ensuring high response rates and data completeness

Support identification of sub-tier risks, such as concentration of sub-processors in high-risk regions, using automated tools or structured surveys

Review legacy contracts and suppliers to assess Procurement related risk exposure and compliance gaps

Provide regular Procurement supplier risk reporting and dashboards for internal stakeholders and senior management

Collaborate with Global Category Management and Business Stakeholders to support integration of risk management into sourcing strategy and operational supplier management

Act as the primary interface between Global Procurement and internal risk functions (e.g. TPRM, Legal, Compliance, Cyber), ensuring together with Global Category Management that suppliers meet the Bank’s risk standards

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• Completed commercial diploma or degree in (technical) business administration

• 3-5 years’ experience in Procurement, Vendor Risk Management, Operational Risk, or a related Governance/Risk/Compliance (GRC) function

• Strong understanding of third-party risk domains: financial, operational, regulatory, and reputational risk

• Proven ability to assess risk in complex supplier arrangements, including outsourcing and subcontracting

• Familiarity with supplier due diligence techniques (e.g., financial statement analysis, sanctions checks, ESG assessments, etc.)

• Strong analytical skills and attention to detail when reviewing complex documentation

• Team player who is open-minded, hands-on, a critical-thinker and has excellent problem-solving skills

• Analytical Thinking & Attention to Detail

• Effective Communication Skills

• Stakeholder Collaboration

• Hands-on Problem-Solving & Proactive Mindset