Supplier Risk

NEW YORK POWER AUTHORITY • City of White Plains, NY

2d • $157,000 - $235,000 • Onsite

About The Position

Strategic Supply Management (SSM) supports NYPA’S and NYS Canals Corporation VISION2030 Renewed and beyond with safe, risk averse, cost effective and timely Contracts. Upholds NYPA Values, Ethics, and Guidelines and enables NYPA to achieve its goals by being a strategic partner to our business stakeholders. Develops deep market knowledge aligning with NYPA’s major spend categories and leads in capability and technology to sustainably develop local economics and utilize diverse suppliers.   Responsible for supplier engagement, onboarding, segmenting, and managing suppliers in support of the Authority’s strategic priorities. Manages the relationship with key/strategic suppliers using relationship management techniques to foster long-term involvement and deliver value for both the Authority and supplier. Develops relationship management plans and monitors performance through mitigating operational, financial, regulatory, and environmental risks. Drives continuous improvement within the supply chain around cost, quality, delivery, risk, and innovation.

Requirements

• Strong analytical and problem solving skills
• Excellent communication and interpersonal skills
• Ability to work under pressure and lead cross-functional teams
• Proficiency in risk management software tools
• In-depth knowledge of supply chain processes, logistics, procurement, and compliance regulations
• Bachelor's degree required; Business Management, Information Management, Engineering, or similar preferred.
• 7+ years of relevant experience in procurement, third-party risk management, governance or compliance, or equivalent consulting experience
• 3+ years of leadership/management experience.

Nice To Haves

• Advanced degree

Responsibilities

• Lead the continuous development, implementation and management of third party risk policies, procedures, methodology and toolkits, initiatives, technology, training, and ongoing enterprise-wide awareness campaigns.
• Oversee the implementation of Third-Party Risk Management (TPRM) through continuous risk assessments with the objective of reducing supply chain vulnerabilities and ensuring supply chain business continuity. Strategies will include but are not limited to third party vetting, regulatory compliance (including NERC CIP), supply chain risk monitoring, cost & market assessments, supplier claims management, and Freedom of Information Law (FOIL) requests.
• Responsible for developing structured and insight-driven reports to continually assess, drive, and document key supplier risks and effectively communicate throughout the organization.
• Develop action plans to mitigate supply disruption risks, in collaboration with transactional and category procurement leads, and create change management plans to inform procurement decisions to achieve our short-term and long-term goals.
• Leverage existing risk tools (ie. Ariba Supplier Risk, eGRC, Bitsight) and facilitate the implementation of new tools, in coordination with SSM Center of Excellence and Risk & Resiliency and Cyber to flag supplier risks in areas such as operational, financial, environmental health & safety, and regulatory.
• Create an effective work environment by developing and demonstrating a strive toward a common vision, developing and communicating clear objectives, expecting teamwork, recognizing performance, and maintaining open communications.
• Develop and maintain trusted, collaborative relationships with business partners including Risk & Resilience, Project Delivery, Secure & Resilience Committee, etc.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees