Risk and Compliance Analyst

Applied Materials•Austin, TX

21h•$88,000 - $121,000

About The Position

Applied Materials is a global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips – the brains of devices we use every day. As the foundation of the global electronics industry, Applied enables the exciting technologies that literally connect our world – like AI and IoT. If you want to push the boundaries of materials science and engineering to create next generation technology, join us to deliver material innovation that changes the world. You’ll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible—while learning every day in a supportive leading global company. Visit our Careers website to learn more. At Applied Materials, we care about the health and wellbeing of our employees. We’re committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits . The Procurement Risk & Compliance Analyst supports the Procurement Risk Leadership team by executing internal controls testing, supporting audit readiness activities, and monitoring compliance across GSP procurement processes. This role will be responsible for performing control testing, documentation review, data analysis, and issue tracking. Reporting directly to a senior procurement risk leader, the analyst plays a key role in supporting Internal and External Audit (including GIA reviews), ensuring procurement activities adhere to established policies, procedures, and internal control requirements. The role also provides day-to-day support for transaction level controls, including P-Card expense compliance, and contributes directly to audit remediation and continuous control improvement efforts.

Requirements

Bachelor’s degree in Business, Finance, Supply Chain, Accounting, Risk Management, or a related field.
Experience in risk management, internal audit, compliance, procurement operations, or finance.
Experience executing controls testing, audit support, or compliance monitoring activities.
Strong analytical skills with attention to detail and documentation quality.
Comfortable working with data, spreadsheets, and procurement systems
Ability to manage multiple tasks, priorities, and stakeholders.
Clear written and verbal communication skills.
Audit and control testing techniques, risk identification and exception management
Strong organizational and follow through skills
Ability to work independently while escalating appropriately
Comfort operating in audit driven and regulated environments
Cross-functional collaboration with procurement, legal, finance, and audit teams

Nice To Haves

Experience supporting procurement or contingent labor programs.
Exposure to Source to Pay processes and transaction level controls.
Experience supporting P‑Card or T&E compliance programs.
Familiarity with procurement or financial systems (e.g., Ariba, Fieldglass, SAP, Workday).
Working knowledge of internal controls frameworks and audit methodologies (including SOX concepts).

Responsibilities

Support governance and control monitoring based on documented policies and procedures.
Establish internal self-assessments supporting preparedness for internal and external audits.
Manage the process to ensure Desk Top Procedures, processes and system workflows are up to date.
Ensure documented procedures reflect actual practices and are ready for audits.
Maintain organized, audit-ready documentation of policies, procedures, controls, and workflows.
Execute risk-based controls testing across Source to Pay processes, including: Sourcing and RFx events Contracting Process Third-Party Risk Management, Supplier onboarding, monitoring and control, off-boarding processes Purchase requisitions, purchase orders, invoices, and payments Extended Workforce processes
Perform walkthroughs, sample testing, and evidence collection in accordance with established testing plans.
Conduct periodic reviews to confirm competitive bidding and RFx thresholds are followed.
Perform sample testing of sourcing events to validate adherence to documented controls.
Support reviews of sole source and exception justifications for completeness and policy compliance.
Review TPRM processes, to ensure alignment with documented policies and procedures.
Support testing to ensure GSP agreements: Are executed using approved templates Are reviewed and approved in-line with policies Include required legal protections Are properly stored in the contract repository, record retention guidelines are followed
Assist with documentation checks to ensure contracts are complete, accessible, and audit‑ready.
Monitor and review transaction level exceptions, including: Emergency purchases After the fact purchase orders Non-PO transactions
Support administration and monitoring of the P‑Card program, including: Reviewing new P‑Card applications and changes Monitoring transactions for non‑compliant activity Performing routine compliance checks and exception reviews
Analyze data to identify potential split purchases or piecemeal buying using targeted testing and analytics.
Document exceptions, trends, and risk indicators and escalate issues in accordance with governance protocols.
Execute testing of key procurement controls, including SOX relevant controls; gather and retain supporting evidence.
Serve as a day to day audit liaison, supporting: Audit request coordination Documentation preparation Walkthrough and testing support
Track audit requests, observations, and issues through resolution.
Support management of corrective action plans and validate remediation completion and effectiveness.
Prepare recurring and ad‑hoc risk, compliance, and audit reporting for procurement risk leadership.
Analyze testing results and compliance data to identify trends, root causes, and improvement opportunities.
Partner with procurement, category owners, finance, legal, internal audit, and compliance teams.
Respond to inquiries related to procurement controls, audits, and compliance requirements.
Support training, communications, and awareness efforts related to procurement risk and compliance expectations.