Third Party Risk Associate – Vendor Due Diligence

Point72 • New York, NY

88d • $125,000 - $150,000

About The Position

The Operational Risk Team at Point72 is responsible for identification, monitoring, and reporting of operational risk across the Firm. The group reports to the Chief Administrative Officer and includes Operational Risk Management, Business Continuity Planning, Corporate Insurance and Third Party Risk Management. We are looking for an experienced Third-Party Risk Associate to conduct operational vendor due diligence.

Requirements

• 5+ years experience working with external vendors
• A bachelor’s degree
• A risk-focused, value-add approach to continually improve processes
• The ability to develop and maintain relationships internally and externally to gain insight into risks that are not immediately clear
• Strong critical thinking skills that lead to finding new, better ways of doing things, implementing positive changes, and quickly adapting to changing processes, priorities, and ideas
• The ability to keep track of multiple projects and work through abstract issues in an organized and efficient manner
• An honest, direct, unbiased, and ethical approach to your work
• Intellectual curiosity to help you understand high priority issues to achieve the optimal outcome
• Commitment to the highest ethical standards

Responsibilities

• Assist the Third-Party Risk Manager in developing the Operational Due Diligence program to ensure comprehensive, streamlined, and consistent evaluation of vendors.
• Coordinate with internal stakeholders and third parties to conduct comprehensive operational due diligence on third-party vendors.
• Manage the vendor risk lifecycle from identification to remediation.
• Assist in managing the third-party risk management system and help drive automation of processes and reporting.
• Develop and maintain relationships with internal stakeholders and service providers through regular touchpoints.
• Support other team members in their efforts pertaining to third-party risk when required.
• Partner closely with Compliance, Legal, Information Security, and Procurement.

Benefits

• Fully-paid health care benefits
• Generous parental and family leave policies
• Mental and physical wellness programs
• Tuition assistance
• A 401(k) savings program with an employer match and more

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees