Lead Risk Manager

2 days ago

Newcastle, New South Wales, Australia beBeeRisk Full time $65,000 - $105,000
Job Description

The role of a Senior Supplier Risk Analyst is pivotal in protecting the organization from risks associated with third-party suppliers by developing and implementing robust supplier risk management frameworks.

This position involves ensuring compliance with regulatory requirements, enhancing operational resilience, and supporting strategic decision-making through effective risk identification, assessment, and mitigation.

The successful candidate will be responsible for evaluating potential and existing suppliers for financial, operational, geopolitical, and compliance risks.

They will conduct due diligence and risk assessments in line with established frameworks, continuously monitor news, financial data, and regulatory changes that may impact suppliers, and report risk findings to senior management and recommend mitigation strategies.

Collaboration with procurement, legal, risk, and compliance teams to address supplier issues is essential, as well as establishing and maintaining supplier risk management policies, procedures, and frameworks.

Key Responsibilities:
  • Evaluate potential and existing suppliers for financial, operational, geopolitical, and compliance risks.
  • Conduct due diligence and risk assessments in line with Outsourcing and Supply Chain Management framework.
  • Continuously monitor news, financial data, and regulatory changes that may impact suppliers.
  • Report risk findings to senior management and recommend mitigation strategies.
  • Collaborate with procurement, legal, risk, and compliance teams to address supplier issues.
  • Establish and maintain supplier risk management policies, procedures, and frameworks.
  • Serve as a point of contact for supplier risk issues and escalations.
Requirements:
  • Risk management experience or understanding of 3rd party or supplier management.
  • Experience of working within established risk management systems.
  • Robust stakeholder management skills required to work in cross-functional teams to ensure risks are appropriately managed during onboarding and ongoing management of 3rd party suppliers.
  • Ability to make sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
  • Proven data collection and analytical skills.
  • Confident in providing insights into business dynamics.
  • Strong reporting skills required to create relevant and effective risk reports that can be shared with senior stakeholders.
  • Good stakeholder management skills and excellent communication skills.
  • Demonstrable experience with identifying, assessing, and prioritizing managing.

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