CloudPay is looking for a highly motivated Vendor Risk Management Specialist to support the rapid expansion of the company.
The Vendor Risk Management Specialist is responsible for assessing, monitoring, and mitigating third-party risks associated with vendors, suppliers, and service providers. This role ensures that all vendors meet internal compliance standards and external regulatory requirements, contributing to the overall third-party risk management framework of CloudPay.
Please submit your English CV
Daily Duties and Main Responsibilities will include:
• Conduct initial and ongoing risk assessments of vendors based on business impact, data sensitivity, and compliance requirements.
• Collaborate with procurement, legal, technology, and business functions to evaluate third-party risks.
• Maintain and update the vendor risk register and ensure vendor documentation is current and complete.
• Support the vendor onboarding process by reviewing vendor evaluation questionnaires, due diligence reports, and compliance checks.
• Monitor vendor performance and compliance with contractual obligations.
• Conduct periodic virtual and onsite audits of high-risk vendors, compiling findings and associated remediation plans on time.
• Collaborate with vendors to monitor remediation plans from audits to closure.
• Proactively monitor regulatory requirements and adjust vendor risk procedures accordingly.
• Assist in developing and maintaining policies, procedures, and training related to vendor risk management.
• Report and escalate significant vendor risks to senior leadership and suggest mitigation strategies.
Attributes and Experience Required
Essential
• Sound level of knowledge and experience in vendor risk management, third-party risk, compliance, or related field.
• Knowledge of regulatory frameworks and risk management methodologies.
• Strong analytical and project management skills.
• Excellent communication skills to build relationships internally, and with vendors in both English and Spanish
• Proficiency in risk assessment tools, Microsoft Excel, and GRC platforms.
Preferred
• Internal Auditor ISO/IEC 27001:2022, CISSP, CISM, CRISC, CISA, PCI-DSS certification, or other relevant certifications preferred.
• Experience working in a global technology company
• Experience of working in payroll, payments/ financial services
Package and Benefits:
• Competitive annual salary
• 15 days annual leave, national holidays
• Private Medical, Dental and Vision Care Insurance
• Birthday leave
• Flexible hybrid working
• Employee Assistance Program (EAP)
• Personal and professional development opportunities
• Friendly working environment
CloudPay is committed to being an equal opportunities employer.