As Senior Analyst on the Second Line of Defense, Third Party Risk Management Oversight Team (TPRM) this role will be responsible for monitoring and reporting business group adherence to the TPRM Policy and Program requirements. This role provides independent oversight and effective challenge to how we manage our third party services provider risks.
Job Description:
You will make an impact by ensuring that;
- Third Party Risk Management objectives are met.
- PayPal proactively identifies existing and emerging risks.
- Key stakeholders can make informed risk decisions when choosing third party service providers to support their business.
- Business groups are aware of the risks their third party service providers bring to the company.
- Key Stakeholders are aware of the risk requirements when onboarding and managing third party service providers.
- Products and services supported by our third party service providers are appropriately risk assessed in accordance with Enterprise policy and Global regulatory requirements.
- Minimum risk requirements are appropriately documented in the Third Party Risk Management policy.
- Third party risk regulatory obligations are known, understood, documented, and implemented.
- Regulatory reporting is performed timely and accurately.
- Enterprise third party risk landscape is appropriately reported on and available to key stakeholders.
In your day-to-day role you will;
- Collaborate on policies, procedures, and program governance to ensure effective risk management of third-party in accordance with industry standards
- Provide support to ensure the third party risk management process is effective in managing risks related to third-party relationships in a manner that is consistent with PayPal’s strategic goals, organizational objectives, risk appetite, and regulatory obligations
- Assist with developing appropriate training on third party risk management program
- Assist in remediating issues impacting the third party risk management program
- Assist with developing, implementing, and maintaining Third Party Risk independent reviews and monitoring of all ongoing monitoring and due diligence activities; inherent risk, risk management/ control effectiveness, residual risk, emerging risks, and aggregate risk
- Collaborate with the Business Intelligence team to provide requirements that deliver effective risk oversight reporting
- Understand and be able to interpret the third party risk management program policy requirement
- Align practical risk mitigation with business objectives and foster a risk-conscious corporate culture
- Assist in Third Party Risk data aggregation and reporting for multiple audiences including but not limited to risk committees, auditors, internal and external stakeholders
- Collaborate with PayPal’s risk teams to build in new regulatory requirements within the TPM program requirements
- Develop and maintain effective working relationships with stakeholders in all Business Units as well as multiple governance, risk, and compliance functions.
- Understand the role of third-party risk management within the overall procurement and onboarding process.
What do you need to bring
- 3+ years of third party risk management experience OR 3 + years of information security experience and 1+ years of third party risk management experience
- Excellent analytical, problem solving and decision-making ability
- Ability to effectively communicate and present information to all levels of leadership
- Ability to review data and present a story to an audience
- Ariba / SAP, Apttus, ServiceNow and Certa experience a plus
- Ability to build and maintain reporting
- Comfortable working both independently and collaboratively in a virtual-first, global team
- Must be able to navigate gray areas, multitask, and manage competing priorities under demanding deadlines
- Great verbal, written, presentation, and interpersonal communications skills
- Comfortable working in a fast-paced and dynamic work environment which demands quick thinking and strong attention to detail.
- Ability to work across the organization and interact and influence effectively at all levels of management and peers through communication and listening
- PayPal culture carrier, a source of energy and inspiration
Our Benefits:
Any general requests for consideration of your skills, please