Vendor Risk Management Senior Analyst

Latham & Watkins LLP • Los Angeles, CA

2d • $110,000 - $135,000 • Hybrid

About The Position

The Vendor Risk Management Senior Analyst is an integral part of Latham’s Global Procurement team. This role will be responsible for leading the assessment, monitoring, and mitigation of risks associated with our vendor relationships, while leading the analysis of vendor risk profiles through comprehensive due diligence activities of new and existing vendors to identify potential risks and vulnerabilities, develop risk profiles, and categorise vendors based on risk levels. This role will be located in our Global Services Office (GSO) in Los Angeles. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.

Requirements

• Advanced analytical skills with proficiency in data analysis tools and software
• Ability in leading a team environment with a strong customer service focus
• Strong communication skills, both written and oral, with the ability to present to senior management
• A minimum of six years’ (6) experience in vendor risk management, compliance, or a related role
• Relevant experience at a professional services firm or Fortune 500 company
• A Bachelor’s degree
• Professional Certification or extended education in related field

Responsibilities

• Overseeing vendor performance and compliance with contractual obligations and regulatory requirements, and preparing detailed reports and dashboards to communicate risk findings to senior management
• Assisting in developing and implementing risk mitigation strategies to address identified risks, while collaborating with vendors and internal teams to ensure robust risk management practices are in place
• Evaluating vendor performance metrics and reports to assess service quality, cost-effectiveness, and compliance, in order to provide strategic recommendations for improvement and cost-saving opportunities
• Coordinating and leading vendor audits to evaluate compliance with company policies and industry standards, in addition to documenting findings and ensuring follow-up on corrective actions
• Contributing to the development and maintenance of vendor risk management policies and procedures, while ensuring alignment with industry best practices and regulatory requirements
• Protecting and maintaining any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains

Benefits

• Healthcare, life and disability insurance
• A generous 401k plan
• At least 11 paid holidays per year
• PTO program that accrues 23 days during the first year of employment and grows with tenure
• Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more)
• Professional development programs
• Employee discounts
• Affinity groups, networks, and coalitions for lawyers and staff

What This Job Offers

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