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The position involves managing third-party risk and sourcing within the organization. The role encompasses designing and executing a third-party risk management program that aligns with the organization's overall risk strategy. Responsibilities include assessing and categorizing risks associated with third parties, conducting due diligence, monitoring risks, and ensuring compliance with company policies and regulatory requirements. The position also involves leading the third-party selection process, developing risk mitigation strategies, overseeing onboarding and contract management, collaborating with various departments, and providing training and awareness programs.