VENDOR RISK ASSESSMENT CONSULTANT
ABOUT CFO’S DOMAIN :
CFO’s Domain is a national accounting & finance consulting and recruiting organization serving CFOs and their stakeholders.
Our consultants are among the best practitioners in the marketplace, serving clients across a diverse range of industries and stages of growth.
Our consultants serve clients with mission critical deliverables when they are experiencing capacity or capability constraints.
Our consultants receive benefits, competitive compensation, gain access to the full breadth of our recruiting capabilities and are introduced to roles that are accretive to their personal and professional growth.
THE OPPORTUNITY
Our client is a major professional services firm with global operations that requires a comprehensive vendor risk assessment to ensure regulatory compliance and maintain operational integrity.
We are seeking a seasoned Vendor Risk Assessment Consultant to lead and execute a thorough risk assessment of their vendors.
The consultant will work closely with the firm’s procurement and compliance teams to identify, analyze, and mitigate potential risks associated with their vendor relationships.
This will be a 6 month project as a W2 employee of CFO’s Domain.
VENDOR RISK ASSESMENT CONSULTANT RESPONSIBILITIES :
- Define the scope and objectives of the vendor risk assessment.
- Identify and engage key stakeholders.
- Develop a detailed project plan and timeline.
- Compile a comprehensive list of all current vendors.
- Categorize vendors based on their criticality and impact on the firm.
- Distribute questionnaires to vendors to collect relevant data.
- Obtain necessary documentation such as contracts, SLAs, and compliance certifications.
- Assess vendors' financial stability, data security practices, regulatory compliance, and operational performance.
- Evaluate the potential impact on the firm if a vendor fails or performs inadequately.
- Utilize risk assessment tools and frameworks (e.g., ISO 31000, NIST) to analyze data.
- Score and rank vendors based on the collected data.
- Develop risk mitigation plans for high-risk vendors.
- Implement controls and agreements to manage identified risks.
- Prepare comprehensive reports detailing the risk levels of each vendor.
- Present findings and recommendations to stakeholders.
- Establish ongoing monitoring processes.
- Schedule regular reviews and updates to the vendor risk assessment.
REQUIREMENTS :
- 5-10 years of experience in procurement, vendor management, or risk assessment.
- Experience with global operations and multinational vendors.
- Previous experience in the legal industry is a plus.
- Strong analytical and problem-solving skills.
- Excellent communication and stakeholder management abilities.
- Proficiency in risk assessment tools and frameworks.
- Knowledge of relevant regulations and compliance requirements.
- Ability to manage projects and lead cross-functional teams.
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We are seeking a seasoned Vendor Risk Assessment Consultant to lead and execute a thorough risk assessment of their vendors. VENDOR RISK ASSESSMENT CONSULTANT. Our client is a major professional services firm with global operations that requires a comprehensive vendor risk assessment to ensure regul...
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