Senior Vendor Risk Coordinator

Company: Marsh & McLennan Companies
Location: Hoboken
Posted on: February 14, 2021

Job Description:

Location 121 River Street, Waterfront Corporate Center, Hoboken, NJ 07030-5792, United States of America Category Operations Job Id R_113477 Marsh & McLennan is the world's leading professional services firm in the areas of risk, strategy and people. As business functions and partnerships evolve, vendor risk management has become a critical component of a company's cyber-security program. As the Marsh Senior Vendor Risk Coordinator, your ability to build connections and establish yourself as a trusted advisor in our highly matrix structured organization will be a hallmark of your success. You will play a key role in enhancing our vendor risk management program, maintaining our inventory and reporting on vendor risks. You will be a subject matter expert on our program, policy, processes and portfolio of vendor risks. Working with our colleagues and other subject matter experts across MMC Vendor Management, Information Security, Data Privacy, Legal and Compliance, you will guide the business in managing vendor risks. Our colleagues will rely on you for help to manage risks throughout the lifecycle of the supplier relationship, to improve operating performance, and safeguard the Company's value. Main Responsibilities Ensure Marsh Vendor Relationship owners are compliant with the MMC Vendor Management Program Establish best practices for communicating with Vendor Managers Communicate the vendor management policy and vendor risk management program within the business. Educate and guide Business Owners in their responsibilities Manage internal tracking of risk assessments and facilitate escalations for outstanding or incomplete Internal Risk Assessments and Vendor Risk Assessments Facilitate escalations and sign-offs when red flags are identified and risks accepted Coordinate executive reporting on compliance with VRM processes.-- Manage maintenance of Marsh Vendor Inventory Establish processes to ensure visibility of contracted Marsh vendors. Validate the completeness of the MMC VRM registry of vendor relationships and ensure vendor data records are up to date.-- Work with MMC VRM to determine in-scope vendors and engage GSP/GIS when higher risk relationships or services are introduced Manage special projects related to Vendor Management, including but not limited to process implementations, responses to vendor security risks (in collaboration with VRM and GIS) and internal audit responses. Conduct regular project meetings, documenting and following up on actions and risks identified from the meetings Assign work to entry level professional and support staff, ensuring adherence to departmental standards and procedures Recommend new standards and procedures to support continuous improvement Role may feature a limited amount of travel dependent on assignment Candidate Profile 4+ years of risk management or third party management experience-- Must possess the ability to lead and manage projects through the full project lifecycle Proven self-starter with ability to work independently Must have excellent ability to effectively communicate verbally and in writing to executive audiences Critical thinker with a solution driven mind-set Excellent attention to details Strong organizational skills and the ability to meet tight deadlines for deliverables Excellent interpersonal skills and demonstrated ability to work effectively in a team environment Strong working knowledge of Microsoft Excel Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://www.mmc.com/. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity . Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers. Get tailored job recommendations based on your interests.

Keywords: Marsh & McLennan Companies, Hoboken , Senior Vendor Risk Coordinator, Other , Hoboken, New Jersey