Our client is currently hiring a full-time experienced Third-Party Risk Manager (TPRM) to lead supplier risk assessments, strengthen onboarding processes, and support compliance with regulatory standards. In this role, you will evaluate new and existing third-party relationships, work collaboratively across multiple functions, and help drive a risk-aware culture throughout the organization. This role requires you to bring deep experience in due diligence, strong knowledge of compliance frameworks, and the ability to influence process improvements.
- Location: Toronto, ON
- Job type: Permanent | Full-time
Responsibilities:
- Improve upon on-boarding and regular assessments process, including tracking of cycles and reporting status
- Work collaboratively with cross-functional teams (e.g. InfoSec, Assurance, Privacy, etc) to ensure appropriate compliance with all regulatory requirements as part of the due diligence review
- Conduct assessments for new and existing third-party relationships, focusing on areas key risk areas
- Establish and maintain a risk register to document, track, and report on identified risks and mitigation strategies.
- Train internal stakeholders on third-party risk management policies, tools, and best practices to foster a risk-aware culture.
- Provide input to governance and reporting processes, clarifying accountability and ensuring leadership is informed of key risks and compliance issues.
- Implement process improvements to supplier onboarding procedures, ensuring alignment with regulatory requirements and conducting thorough due diligence and risk assessments.
- Manage the end-to-end supplier life cycle with COE Procurement Peers and Stakeholders
Qualifications:
- Extensive experience performing third-party due diligence assessments.
- CTPRP certification (or equivalent TPRM certification).
- Project management qualification or significant project management experience.
- Strong understanding of procurement policies, compliance requirements, and regulatory frameworks, such as OCC, OSFI, and FAC.
- Industry certifications such as CTCRP, CTRPA, ABPMP, FCIPS, CIPS, CPSM, or Six Sigma.
- Bachelor’s degree in business or a related field.
- Extensive experience with risk assessments and/or Third-Party Risk Management.
- Excellent analytical and problem-solving abilities.
- Strong communication and stakeholder management skills.
- Ability to work cross-functionally and drive alignment.
- High attention to detail and strong organizational skills.
Are you interested in this position? Apply now! Our dynamic team of recruiters will reach out if you qualify for this role.