third party risk analyst.

Working at Randstad is unlike working at any organization. Because at Randstad we put people at the heart of everything we do. This goes for our clients, our talent, our employees and society. We combine our passion for people with the power of today’s technologies. This helps us support people and organizations in realizing their true potential.

Learn more about our mission, history and values on our website: www.randstad.com

how you will contribute

We're searching for an exceptional individual who is passionate about driving positive change. As a Third Party Risk Management Analyst, you are responsible for performing and coordinating supplier screenings for various risk areas. You will play a pivotal role in overseeing and elevating our Third-Party Risk Management Program (TPRM) for all of our suppliers. You will be accountable for the due diligence approach, developing an effective ongoing monitoring program while maintaining a balance between risk management and partner experience. You will be collaborating with business and risk owners, buyers and third parties to create an efficient program. You will collaborate closely with all key stakeholders to foster an effective TPRM program by developing guidance, training and a culture of continuous improvement.

what you will be doing

Within the TPRM operations

• Maintain relationship with senior stakeholders within risk domains
• Seek and implement synergies among different risk domains
• Act as a focal point for complex risk domains, help them integrate into the end to end Third Party Risk Management process
• Initiate and monitor the TPRM workflow that ensures suppliers are subjected to the right checks
• Perform certain supplier screenings, eg financial stability, sustainability, legal compliance
• Monitor and follow up on status of screening requests in the system
• Coordinate supplier screenings with screening parties outside of Procurement (IT, DP, Sanctions)
• Ensure proper documentation of performed supplier screenings, communicate results to requestors
• Monitor and trigger rescreening where applicable
• Coordinate and escalate risk events to subject matter experts and other significant issues involving third parties

In process implementation and improvement

• Actively participate in TPRM related process and system implementations and roll out
• Actively enable the markets to roll out the relevant process
• Provide continuous feedback on TPRM process efficiency and contribute to continuous improvement
• Develop best practice guidance and provide training to stakeholders on program requirements and their roles and responsibilities
• Produce and maintain appropriate management information relating to TPRM
• Contribute to reporting of operational activities, analyze and seek for improvement areas 
• Participate in the global S2P process design to capture risk related elements, work towards process and system integration and efficiency between procurement and risk management

In change & communication

• Ability to communicate the value of TPRM and the specific screenings towards stakeholders (including requestors and procurement)
• Perform training on TPRM to stakeholders

who will you work with

You will be part of the Global Procurement Team, who are responsible for driving purchasing for the company. Within Procurement, you will be part of the TPRM and Sustainable Procurement team. Together with the risk owners we will ensure that our new and existing suppliers will bring maximum value to us with the minimum level of risk. You will report to the Head of TPRM and Sustainability. 

what you will bring

Your analytical and communication skills are well developed. You feel comfortable engaging with a broad range of stakeholders. You have a can-do attitude and can deal with ambiguity. Your strong process orientation and business acumen help you drive a green field role forward. Ideally, you have 2 - 4 years of experience in indirect procurement, project management or consulting roles with a demonstrated ability to support multiple threads of work or projects at one time. 

 Next to that you bring; 

• a broad understanding of indirect procurement and supplier lifecycle management
• deep understanding of supplier risk management and ways and sources through risks can be assessed
• strong analytical and data management skills
• help develop and compile new definitions and accounting standards to allow for consistent and transparent tracking of goals
• financial acumen and understanding of financial information/ability to analyze financial data and annual reports
• good communication and interpersonal skills, soft influencing skills to work with diverse group of stakeholders
• self-starter mentality, able to work independently 
• continuous improvement mindset
• ability and comfort to work in a hybrid environment with a team spread across the world
• Knowledge of sustainable procurement practices (including Scope 3, CSRD requirements to value chain) is an advantage

your competencies

Within Randstad we defined the following Human Forward Leadership competencies:

• delighting people: connect people (client, talent, employee, society), building strong client relationships and delivering client-centric solutions.
• performing today: resourcefulness securing and developing resources effectively and efficiently.
• leading change: manages ambiguity operating effectively, even when things are not certain or the way forward is not clear.
• securing the future: drives vision and purpose painting a compelling picture of the vision and strategy that motivates others into action.
• strategic mindset: seeing ahead to future possibilities and translating them into breakthrough strategies
• creating clarity - showing line of sight: making sense of complex, high quantity and sometimes contradictory information to effectively solve problems and provides direction, is delegating and removing obstacles to get work done
• courage to challenge: shows courage and confidence to speak up skillfully, challenging others even when they are confronted with resistance or unfamiliar circumstances

what’s in it for you

We put people at the heart of everything we do. Our employment conditions reflect this; 

• base salary and an additional flexible benefit budget (12,347% of your salary)
• attractive bonus scheme
• option to take part in Randstad's success through our employee Share Purchase Plan
• option to go on a sabbatical leave or buy extra holidays
• attractive mobility arrangements
• opportunity to give back to local communities through paid volunteering leave
• a generous budget to set up your home office space and a net internet allowance
• growth and development opportunities in a fast changing global environment 
• working with great people and being part of a network where everyone wants you to succeed
• an environment where differences are understood, valued and celebrated

We want our teams and talent to reflect the rich diversity of the societies we serve. We thrive for an environment of belonging, safety and confidence. So everyone can bring their whole selves to work and flourish. Learn more about equity, diversity, inclusion and belonging at randstad here.

If you recognize yourself in the profile above, we invite you to apply for this role. For more information you can reach out to our recruitment business partner: jennifer.roberts@randstadsourceright.co.uk.

The recruitment procedure consists of a screening and at least two interviews. Later in the process, an (online) assessment and a job offer conversation take place.