Avaloq has created a centralized Global Vendor Risk Management (VRM) unit in order to identify, evaluate, manage and mitigate risks associated with our third parties across various risk areas.
The Vendor Risk Manager will work closely with other members of the VRM team to organize and execute the vendor risk assessment process. In addition to working with established processes, a key outcome for this position will be to gain a broad understanding of Avaloq鈥檚 supplier base, with a view to developing into the position into that of a professional risk analyst capable of conducting supplier risk reviews independently and efficiently.
In general, he/she is responsible for the collection, analysis and reporting operational data and risk metrics in support of the VRM unit and its business unit partners. This professional will gather sufficient strategic, technical and operational information from internal business units and external third party to ultimately understand and communicate the current risks, business challenges and issues. In addition, this professional will gather due diligence on selected vendors and prepare reports on Third Party activities to all participants.
The Vendor Risk Manager will be also in charge of contributing to the maintenance and continuous improvement of the global VRM framework.
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