Indirect Procurement Third-Party Rick Management (TPRM) Lead

Applied Materials • Austin, TX

11d • Onsite

About The Position

The Indirect TPRM Lead is responsible for the development and execution of Third‑Party Risk Management activities within Indirect Procurement and the Extended Workforce, ensuring third-party risk is effectively identified, assessed, mitigated, and governed and operated within established enterprise TPRM policies and governance frameworks. This role ensures third‑party risk assessments, mitigation actions, and governance processes are executed consistently, and are embedded into procurement, contracting, and supplier lifecycle processes. The role operates as a senior individual contributor, leading complex risk activities and influencing cross‑functional partners, maintaining strong coordination with Legal, Risk and Audit stakeholders.

Requirements

• Bachelor’s degree in Business, Supply Chain, Risk Management, Finance, or a related field
• 5–8 years of experience in one or more of the following: Third‑Party Risk Management, Procurement or supplier risk, Compliance, audit support, or governance roles
• Experience executing structured risk or compliance processes in a global environment
• Strong attention to detail and ability to manage multiple workstreams simultaneously

Nice To Haves

• Experience supporting risk governance committees
• Familiarity with procurement and contracting processes
• Exposure to procurement, TPRM, or CLM systems (e.g., Ariba, ServiceNow, vendor risk tools)
• Strong execution discipline within defined frameworks
• Ability to influence cross‑functional partners without authority
• Clear, concise written and verbal communication
• Analytical thinking and sound risk judgment
• Comfort operating in regulated, audit‑sensitive environments

Responsibilities

• Oversee and enable the execution of third‑party risk management activities for indirect suppliers and service providers
• Partner with Audit, Compliance & Governance leadership to design: The Indirect TPRM framework and processes, Risk segmentation and escalation thresholds, Risk assessment workflows and controls
• Support the Indirect TPRM lifecycle, including: Supplier onboarding risk reviews, Ongoing monitoring and control activities, Supplier off‑boarding risk considerations
• Apply approved risk frameworks, assessment criteria, and workflows consistently across categories and regions
• Coordinate and execute third‑party risk assessments in partnership with: Information Security, Privacy, Legal, Ethics & Compliance, Other enterprise risk domain owners
• Support new supplier and new program risk assessments using approved tools and methodologies
• Translate assessment outcomes into: Risk mitigation actions, Contractual risk requirements, Escalation recommendations
• Track assessment progress and follow‑up actions to completion
• Review risk summaries, dashboards, and supporting documentation for: High‑risk (Tier 1) supplier summaries, Mitigation options, Risk dashboards and trend analysis, Material risk changes or exceptions
• Enable informed governance decisions by clearly articulating risk tradeoffs
• Escalate risks in accordance with defined governance and delegation thresholds
• Track governance actions and coordinate follow-up execution with stakeholders
• Support the integration of third‑party risk requirements into procurement and contracting processes
• Translate approved risk findings into risk‑based contractual requirements
• Partner with Legal, Sourcing, and Category teams to ensure consistent application of approved contract language
• Support enforcement and tracking of contractual risk controls
• Partner with Category teams in developing risk approaches to category strategies
• Partner with Technology and Analytics teams to define TPRM technology requirements, dashboards, and reporting capabilities
• Drive consistency, scalability, and transparency across risk assessments and monitoring
• Identify opportunities to streamline workflows and improve user experience without weakening controls
• Identify recurring execution issues or bottlenecks and recommend improvements
• Partner closely with Audit, Compliance & Third‑Party Risk Governance leadership to ensure execution aligns with oversight expectations
• Build strong relationships with Category and Sourcing teams, provide guidance on risk assessment, tiering and mitigation
• Serve as a primary point of contact for Procurement teams on Indirect TPRM execution
• Provide guidance and support on: Risk processes, Escalation expectations, Governance requirements

Benefits

• Supportive work culture that encourages learning, development, and career growth
• Opportunities to take on challenges and drive innovative solutions
• Empowerment to push boundaries and learn every day
• Comprehensive benefits package
• Potential eligibility for bonus and stock award program
• Health and wellbeing programs and support

What This Job Offers

• Job Type: Full-time
• Career Level: Senior